Successful sports betting platforms have grown exponentially in recent years.
These now represent some of the most profitable online gambling companies globally.
FAVE BET brings a fresh alternative, serving the bettors of today & tomorrow.
The first movers to take gambling online
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The largest US online sports betting company
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Early pioneer of crypto friendly betting
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Traditional bookmakers have a number of issues & are struggling to innovate.
Crypto betting sites have started to improve the user experience, but have their own challenges.
FAVE BET addresses these to provide the answer for better betting.
Account set-up and administration causes friction for users and limits customer base
Users are required to fund their account in advance, which can cause delays and issues
Funding processes mean you must trust the platform to keep your funds safe and secure
Complex, inconsistent & onerous compliance processes can obstruct and delay users
Low liquidity restricts bets to small size as large bets can impact prices significantly
Traditional bookmakers can be quick to restrict winning accounts to small bet sizes
Placing bets on AMM exchange platformscan lead to frustrating delays & unmatched orders
Crypto betting sites can require transferring funds to insecure or centralised networks & contracts
Traditional bookmakers are reluctant to offer cryptocurrency options on their platforms
Odds vary widely between platforms, meaning users often waste time comparing odds
Innovation will be critical to unlocking market share and attracting current & new bettors
Social betting is an emerging trend which requires fresh business models & supporting tech
Some crypto betting sites have implemented revenue sharing models but benefits are limited
Growing regulation of gambling and cryptocurrency poses a risk to non-compliant platforms
Bet directly from your cryptocurrency wallet without needing to create an account or make a deposit.
The pace of growth in sports betting offers huge opportunities for new brands.
FAVE BET has the chance to seize market share with an innovative, blockchain-based platform.
Bet volumes have been projected based on a market analysis of crypto betting sites.
This is an projection of potential cumulative betting volumes on FAVE BET platform from launch. Note: This projection is illustrative. Actual betting volumes will differ.
The FAVE BET platform & community will be powered by the FAVE token.
Each bet will burn FAVE tokens, underpinning our deflationary tokenomics.
Token supply is fully circulating from launch, with no insiders or VCs.
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The deflationary tokenomics behind the FAVE token are revolutionary.
The buy & burn mechanism will burn 5-10x more than other sites for the same bet volume.
90% of revenue will be burned initially, allocating 10% for growth of the platform.
This is a projection of the value of FAVE tokens that would be burnt based on the projected bet volume above & the tiered FAVE burn mechanism. Note: This projection is illustrative. Actual betting volumes & the associated FAVE that is burnt will differ. Please see our Docs for details of the tiered burn mechanism.
100% of FAVE tokens will be sold to the community in our cross-chain token sale.
The sale will open on 7th April & close on the 5th May or when $12m has been deposited.
Whitelist members will get access to the sale 1 hour in advance.
The FAVE BET roadmap includes additional features & innovative functionality.
Updates on new & upcoming features will be shared regularly.
FAVE BET vision
Legal & regulatory set-up
Initial prototype & testing
Team & mobilisation
Public announcement
FAVE token sale
Beta launch
FAVE burn begins
Marketing ramp-up
Platform launcH
Live scores
FAVE BET analytics
Betting dashboard
Leaderboard
Multi-chain betting
FAVE ACCAS
FAVE promotions
Horse racing market
Multi-currency betting
Top bettor alerts
Followable favourites
FAVE earn programme
Virtual sports markets
Instant cash out
Casual gaming
eSports markets
FAVE perks
Boost your bet
In-play cash-out
Casino games
Continue global expansion
FAVE BET was founded by a pair of experienced bettors, frustrated by the challenges of current sports betting options. The team has since expanded to include business specialists, blockchain & software developers, legal advisors & design specialists.
An innovative product needs innovative software partners.
FAVE BET is proud to be built with industry-leading providers, including:
Connect with the FAVE BET community & be the first to hear the latest news.
