Roseon Finance, the innovative platform that makes it easy and convenient for anyone to jump into the world of cryptos and DeFi, is proud to announce that it is partnering up with Bettery, a platform that brings social betting into the realm of decentralization.
Smart contracts have allowed blockchain enthusiasts and platforms to offer users a range of different products that today are cumulatively called Decentralized Finance. DeFi allows for complex financial structures to be built, but without any middleman that needs to operate or maintain it. These independent lines of codes have changed the game today.
Speaking of game changers, the traditional betting gaming scene has completely changed, thanks to Bettery. The social betting platform allows anyone to set up a prediction event where friends and other players can then bet on the outcome. Using the Play to Earn model, users of the platform don’t have to pay to take part. Instead, they can earn by placing bets with free platform-issued BET tokens or helping out with facilitating betting events on the platform. Such earnings can then be cashed out and sold to businesses looking to utilize the Bettery platform’s unique social betting model to engage and gain insight from its high-quality user community.
Bettery: Social Betting
Betting between friends is a time immemorial activity. The topic can range from anything like which team will win the next game or will it rain in the evening. Social betting is about more than just making money; it is all about connecting with friends and like-minded people.
Bettery takes social betting into the realm of DeFi with their unique tokenomy, user role, and reputation systems.
You can create your own bets on the platform on just about any real life event as a Host. Make it private with your friends only where the prize can be non-monetary like a free dinner. Or you can make the event public, allowing all Bettery users the opportunity to take part in as bettors (Players) or outcome validators (Experts) to earn or lose BET tokens. Additionally, you can even be an Advisor, giving ideas to other firms and individuals on what event to create and earn from your creativity. All roles have a Reputation “rating” based on how good they are at it, penalizing users acting in bad faith while rewarding active users with access to high-paying business events.
Yes, Bettery events aren’t just casual bets made by users. Businesses too can take part and create their own events to gain market insight from a high-quality, diverse pool of users. Influencers can engage with followers and grow their community in a move never thought possible before – through betting events on any community topic, content, or even live streams. This whole event ecosystem is fueled by a unique two-token model where users bet and earn free, platform-issued BET tokens that they can swap into tradable BTY tokens which can be withdrawn and sold on exchanges. At the same time, BTY tokens are used by influencers and businesses looking to utilize the Bettery social betting model to engage and grow their user community while also gaining valuable insights through business events. As a result, the BET-BTY token system becomes attractive to both users and businesses through their participation, serving as a fully sustainable tokenomy model to scale the growth of Bettery.
The holistic platform that allows just about everyone to join its growing range of services, Roseone Finance has a dedicated app that is designed to create financial opportunities for everyone. The all in one crypto management app offers both fixed rate interest or high yield products. The built-in portfolio manager makes it easy to handle all digital assets in one place. Not only that, there is a vast gallery of NFTs, unique tokens that represent art, digital wearables and other items.
While Decentralized apps claim to be dedicated to their community, the fact of the matter is that these apps are complex to understand and tedious to navigate. Experienced users may have no issues in navigating it, but people who have had little or no exposure to the world of cryptos and DeFi find it difficult.
The Roseon app has been designed keeping all this in mind. Easy to use and the intuitive interface gives the chance for ordinary people to make the transition from CeFi to DeFi seamlessly. Users can start saving and investing without going through the complexities and the app takes care of everything at the backend.
Roseon and Bettery
The partnership between Roseon and Bettery promises to deliver great value to both user communities through deep service integration. In particular, the Roseon Team can utilize Bettery’s business events to make their ecosystem growth decisions based on votes from its user community, who will be rewarded with ROSN tokens for participating in this new governance model. Bettery ensures users won’t cheat, results are accurate, and rewards are fairly distributed thanks to not only payments, but the entire Bettery events and Reputation logic run on Smart Contracts.
Additionally, influencers from the Roseon ecosystem using the Bettery platform will be able to add ROSN tokens as extra reward for events participants. At the same time, users will be able to bet in events using ROSN tokens with the ROSN prize pool distributed not only to Players who bet, but to the Host and Experts, providing both risky and risk-free social betting experiences for users of all mindsets. Roseon users will also be able to use Bettery’s BTY tokens to farm BET tokens directly to their Bettery account so they can continue to enjoy social betting.
Bettery is a social pool betting platform for friends and online communities to have fun on what matters to you. Through betting events, collective social knowledge is created for businesses, influencers, and advertisers, while users earn from their opinions.
About Roseon Finance
Roseon Finance ($ROSN) is a mobile yield aggregator that manages your crypto + NFT portfolio and optimizes yield across DeFi and CeFi networks. Acting as the gateway to DeFi, Roseon Mobile is a crypto finance app that is available on both Android and iOS and was built to help onboard new users to DeFi with its customer-centric design. Roseon has its own utility token $ROSN, with a total supply of 100 million, which is used for staking, transaction fees, and participating in tiered products and services on its mobile app.