I have always had somewhat of a soft spot for Betterbetting and have covered it frequently in my monthly Sports Betting Crypto Projects Reports (See Latest Report) which go back to 2018 (See First Report). It was one of the rare projects where I felt that the developers actually understand the betting market and the product that made was one I actually used and liked. Unfortunately, the high gas fees on the Ethereum network put them in a situation where it became impossible. There was some talk to switch to another blockchain (EOS being one of them) but that fact that it would bring about a lot of work and risk since there is no guarantee of those having a network effect. This left Betterbetting and their token in somewhat of a limbo state with not much going on and the BETR token dropping to a point where the market cap was around 50k $ only. I wrote this one one of my old reports...
Some news was brewing which I mentioned about 2 weeks ago in my last report...
So the news came this morning in an announcement that Betterbetting will be merging with Funfair.
The conversion rate will be 4 BETR for 1 FUN with FUN currently trading at around 0.04$ making it so that what was a 50k$ Market Cap of BETR now is around 3 Million $
I'm quite pleased that my gamble on BETR having "diamond hands" with things looking quite dead paid off and I will bring further updates on Funfair taking a much deeper look into it now bringing another update in my newt Crypto Sports Betting Blockchain report.
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