๐ฒGambleFi
Introduction to Soulbound's Gamified GambleFi Technology๐ฎ๐ฐ
Soulbound merges the world of decentralized finance (DeFi) and online predictions through GambleFi, offering an innovative, transparent, and secure prediction ecosystem on both the Soulbound platform and the Soulbound Telegram dApp. By leveraging blockchain and Distributed Oracles, Soulbound ensures fair, verifiable in-stream prediction outcomes, which are executed through smart contracts, removing any need for centralized control. ๐ค This model opens new avenues for both users and streamers, enhancing engagement while fostering trust. ๐ค
How GambleFi Works on Soulbound ๐ฎ
Soulboundโs betting system integrates seamlessly into livestreaming, allowing users to place wagers on streamersโ performances in real-time โณ. Viewers can bet on any game ๐ฎ, any stream ๐บ, and even on "IRL" (In Real Life) activities ๐. Using the power of smart contracts, all bets and outcomes are automated ๐ค, with payouts distributed instantly through decentralized oracles that verify the results. ๐
Streamers can engage their audience through interactive polls ๐, allowing viewers to predict outcomes and win a portion of the betting pool ๐ธ. This innovative approach not only boosts audience engagement but also creates new monetization opportunities for streamers. ๐ก
GambleFi in the Soulbound Telegram App ๐ฑ
Soulbound's Telegram betting app builds on GambleFi's technology to drive virality and user growth ๐. Users can bet on entertaining in-stream events ๐, funny outcomes ๐, and even participate in prediction markets ๐, all while earning rewards ๐. The appโs simple and fun mechanics, combined with built-in incentives like airdrop unlocks ๐๏ธ and boosted streamer views ๐, make it a standout platform in the growing GambleFi space. Its unique twist with adrenaline-fueled short-term predictions โฑ๏ธ, ranging from 30 seconds to 10 minutes, makes the experience all the more thrillingโthis is live-prediction betting, happening NOW!
Earning for both Streamers & Users ๐น๐บ
With Soulboundโs GambleFi technology, both streamers and users can maximize their earnings while enjoying an interactive, decentralized ecosystem ๐.
For Streamers ๐๏ธ
Streamers earn $SBX per minute streamed โฑ๏ธ, but thatโs just the beginning. With GambleFi, streamers can boost their earnings by creating betting opportunities for their audience ๐ฐ. Whether they're playing games ๐ฎ, hosting creative events ๐จ, or participating in real-life activities ๐, streamers can engage viewers through real-time polls and wagers, increasing both their income and viewer interaction ๐. Streamers will receive a percentage of each prize pool for each prediction they set up. More engagement = more earnings!
For Users ๐ฅ:
Viewers also get a chance to earn ๐ธ! By participating in interactive in-stream betting, users can wager on outcomes and win from the betting pool ๐ฐ. With decentralized oracles ensuring fair results ๐, users enjoy instant payouts ๐, making it a fun and rewarding experience. Plus, with unique NFT-based rewards ๐ผ๏ธ, users can further enhance their experience while growing their earnings.
Key Features of Soulbound's GambleFi Technology ๐
In-Stream Predictions ๐ฅ: Streamers create real-time polls, and viewers can wager on the outcomes, creating a dynamic, engaging betting experience.
Decentralized Oracles ๐: Outcome verification is handled by decentralized oracles, ensuring fairness and transparency.
Earning for both Streamers & Users
Instant Payouts ๐ต: Smart contracts automatically distribute winnings, eliminating delays and reliance on intermediaries.
Cross-Platform Integration ๐: Soulbound aggregates streams from various platforms, expanding the reach and appeal of its GambleFi-enabled betting features.
Enhancing User Experience and Monetization ๐ก
The combination of GambleFi with Soulboundโs Stream-and-Earn model provides a unique value proposition for streamers ๐๏ธ. Streamers earn $SBX per minute streamed โฐ, with additional rewards for higher viewer engagement ๐. With the addition of GambleFi, streamers can now monetize even further by offering betting options on their streams, whether they are gaming or participating in real-life events ๐ฎ๐ด.
The introduction of NFT-based stickers, emotes ๐จ, and other interactive elements ๐ญ further amplifies the fun and engagement of the betting experience, giving users more reasons to participate in Soulbound's evolving ecosystem ๐ฑ.