The launch of QatarBet is about to reshape and revolutionize the betting space. Ever since blockchain gained prominence, enthusiasts across the globe have stated the need for an interesting and exciting betting platform. Though there are several options available, none offer a comprehensive experience, most lack transparency, and appear shady to the world. But QatarBet intends to integrate betting with the world of blockchain and provide a fast and seamless platform to deliver the best betting experience.
How does the QatarBet platform work?
Unlike other betting platforms, QatarBet is entirely decentralized and offers every user an equal opportunity to place bets and earn exciting rewards. Registered users can bet on their favorite teams in the Qatar 2022 World Cup. The options here are limitless, and so are the rewards!
The games are all listed on the website, choose the one to bet on, select a team, set the amount, connect the crypto wallet, and it is all set. The prize money for each game will be provided under the listing and will be disbursed once the results are out. Players can use $QC, $QB, or $BUSD to place bets and earn prizes.
About the NFT Football Player (NFT FP)
QatarBet also has its NFT Football Player collection comprising a total of 25,500 NFTs, categorized into two types, Super Star and Standard. Super Star consists of 500 limited NFTs, while Standard, composed of 25,000 NFTs, is further classified into four rarity levels, Legendary (1250), Epic (3750), Uncommon (6250), and Common (13,750).
The Football Players' properties would be based on four critical characteristics, Speed, Strength, Height, and Bonus.
Those who mint from the NFT FP collection will receive additional rewards and higher prizes when placing bets, depending on the rarity level of the NFT held. The rarer the NFT, the higher the rewards!
That’s not all! NFTs have long been considered an excellent investment opportunity, and it’s true in every sense of QatarBet. The platform allows users to rent their NFT for a steady passive income. Renting will work in two ways, Fixed Renting and Share Renting.
Fixed Renting: NFT holders can rent their NFT for a fixed price, duration, and purpose. Interested users can pay the amount, use the NFT for the decided period, and earn rewards through betting.
Share Renting: A great concept where the holder, as well as the user renting the NFT, receive a share from the rewards. Here, the NFT FP holder decides the period and the profit share, while the renter who agrees to the conditions uses the NFT for the fixed duration, places bets, and then shares the profit.
Benefits of holding $QB, QatarBet’s native token
QatarBet relies on the dual token economy, where $QB is the governance token while $QC (Qatar Chip) is the primary in-game token. They play a vital role in the effective functioning of QatarBet, and ensure a sustainable revenue model, both for the platform and the players.
Being the governance token, $QB certainly has added benefits. First, players can use the $QB token to upgrade their NFT FP and increase the rewards. Secondly, they can stake the $QB tokens and earn a high passive income. The APY is currently at 260%, but it’s expected to increase as the token grows in the long run. Staking has, of late, become a favorite amongst crypto enthusiasts, owing to the fact that it creates a stream of regular rewards without any active involvement.
Moreover, QatarBet functions on the principles of DAO (Decentralized Autonomous Organization), wherein every token holder has a say in the critical decisions on the platform. Voting is held quarterly for proposed changes, and only the community-approved ones are implemented. So, anyone with potential and skills should acquire as many $QB tokens, become an active and vocal member of the QatarBet community, and drive it towards success.
Also, QB holders can attend several exclusive events and earn exciting prizes. That's not it! There's a lot more to QatarBet, and it will all be revealed in due time. Until then, go ahead and register for the presale of QB tokens. It's when the tokens will be available at the lowest ever price, so don't miss this fantastic opportunity.
To find out more about QatarBet, visit the official website: https://qatarbet.io/
Also, follow QatarBet on all available social channels to stay updated with the latest developments, releases, and find out about upcoming matches to place bets on.
Twitter: https://twitter.com/Qatarbet68
YouTube: https://www.youtube.com/channel/UCuNudt4RsgP1t_xe_QOWhcw
Telegram: https://t.me/qatarbetio / https://t.me/qatarbet2022
Discord: https://discord.com/invite/29kNKQDadY
Tiktok: https://www.tiktok.com/@qatarbet
Reddit: https://www.reddit.com/user/Qatarbet
Medium: https://medium.com/@qatarbet
Media Contact:
Contact Person: Mason
Company: QatarBet
Email: contact@qatarbet.io
City: Willington
Country: Newzealand
Website: https://qatarbet.io/