# Favebet Platform

By [King](https://paragraph.com/@king-15) · 2023-03-23

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How to make some cool $$ using the @favebet platform.

A Thread 🧵

1.  Betting is one way people make money in real life, But how does this fit into the crypto space, and how can you benefit from this trend if you don't know about sports?
    
2.  FAVE BET is a betting platform built on the blockchain that lets users bet on sports directly from their crypto wallet
    

It's secure, transparent and offers the most innovative user experience

The platform generates revenue with every bet, which is shared with the community

3.  The platform is powered by the $FAVE token, which launches on the 7th of April and has some very interesting tokenomics:
    

\- It's launching in a completely fair launch, with no insiders, and 100% of tokens being sold in the token sale.

4.  For every bet, up to 90% of the revenue goes directly to the buy & burn mechanism - which could burn 15m USD of tokens in 3 years
    

\- Tokens have social utility on the platform - are used to subscribe to top bettors, alerts, and other perks & promotions

5.  What else should I know?
    

The roadmap is ambitious and could see esports, casino games, and virtual sports added in the coming years

The founders have doxxed themselves

The token sale launches on the 7th of April at 6 pm, but there's a whitelist to get access 1 hour early

6.  FAVE BET is an interesting new platform and has the potential to disrupt the betting industry.
    

Given $RLB's massive success this year and that $FAVE is launching with <$12m mcap, it's definitely worth checking out at fave.bet/token &

Nothing is financial advice, do your research very well before getting into any project.

Thank you

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*Originally published on [King](https://paragraph.com/@king-15/favebet-platform)*