House Money is a pioneering project in the crypto space, merging the worlds of sports betting and cryptocurrency through a Telegram bot. This revolutionary venture aims to create a unique gambling platform that brings together features from both sports betting and financial markets.
About House Money
House Money is a sportsbook project that operates through a Telegram bot. With a desktop client under development, the project aims to create innovative products in the gamblefi space that meet real user needs. The driving force of House Money is to bring unique betting markets, exclusive to the platform, to its user base.
Unique Features
Setting House Money apart is its ability to integrate a sportsbook into Telegram, a popular messaging platform. The project takes it a step further by developing leveraged indexes on the volatility of sports games, creating a derivative of in-game betting. This innovative approach effectively merges the world of trading with gambling.
Project History
House Money launched on August 3rd and despite having no marketing, presales, or airdrops to influencers, it generated a volume of $1M in 24 hours. The project, spearheaded by a team of developers and product/growth leads, has been in the works for several months, with the Telegram bot and other products being developed during this period.
Future Plans
The immediate plan for House Money is the launch of the Telegram bot on August 4th. However, the team is not resting on their laurels; they aim to roll out multiple updates and introduce new products over the coming months. The next product, expected to blend leveraged trading and sports betting, is highly anticipated.
Token Usages
The $HOUSE token, integral to House Money, has multiple use-cases. Apart from functioning as currency on the sportsbook, the token provides a revenue share model where users can "be the house" and earn a share of the profits from lost bets. Holders of 1% or more tokens will receive a free bet each month, and there is potential for a fee split/ reflections. Token holders will also be entered into a lottery.
House social statistic
1,474
Twitter followers
684
Telegram members
0
Reddit subscribers
0
Facebook likes