BigShortBets

What is BigShortBets?

BigShortBets has emerged from two years of research and development to launch a groundbreaking decentralized peer-to-peer (P2P) market. The platform aims to facilitate direct transactions between users without KYC and AML constraints, offering a unique trading experience.

• Decentralized Trading: Engage in direct transactions with other users.
• Event-Driven Markets: Create and trade unique markets like the U.S. election polls contest.
• Real-Time Interaction: Chat directly with trading counterparts.

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Recent Video Interview

Main points of the interview:

• Introduced BigShortBets as a new decentralized platform utilizing a proof-of-authority chain to offer users greater control over their assets.
• The platform's commitment to decentralization while maintaining trust.
• The platform ensures that users retain full control over their assets, addressing potential risks like node failures.
• BigShortBets is preparing for various scenarios and challenges to ensure a resilient and secure user experience.

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BigShortBets P2P Market

BigShortBets is poised to revolutionize the P2P trading landscape by eliminating intermediaries and offering dynamic trading options.

• Direct Trades: Trade P2P on a wide range of instruments paired with stablecoins.
• Low Fees: Benefit from ultra-low transaction fees and zero swaps.
• Native Token Support: Use $BigSB for transactions on the platform.

MTM - Mark To Market

The Mark To Market (MTM) feature ensures that the value of open positions reflects current market conditions, updating unrealized profits or losses accurately.

• Real-Time Valuation: Adjusts account balances based on the latest market prices.
• Accurate Holdings: Provides a clear picture of financial positions.

BigSB Token

The $BigSB token is a deflationary asset with staking rewards, designed to enhance platform engagement and value.

• Transaction Fees: Each $BigSB transaction incurs a 1.5% fee—0.5% is burned, and 1% is distributed to holders.
• Token Utility: Fees collected are used to buy and burn $BigSB tokens, reducing supply and benefiting holders.

Leadership & Strategy

Guided by a successful trader with over 25 years of experience, BigShortBets employs innovative strategies to ensure the success of the $BigSB token. The leadership model and governance are driven by the expertise of the founder, supported by DAO oversight.

• Expert Leadership: The founder’s extensive trading background informs strategic decisions.
• Governance: Managed by DAO with authority over token pools and strategies.

Top250 BigSB Government

The top 250 BigSB holders are part of an exclusive Telegram group, with membership based on periodic snapshots of on-chain data.

• Exclusive Access: Group membership offers insights and updates on the token’s performance.
• Periodic Updates: Membership is reviewed and updated irregularly.

Other Projects in the Ethereum Ecosystem

• 1inch: aggregates DEXs for the best crypto prices, using the 1INCH token.
• Avail: offers a secure, scalable web3 ecosystem with solutions for data, interoperability, and security.
• MMX: grants clients specialized access to M2.com’s products and services.

BigShortBets Price Analysis

As of December 25 2024 BigShortBets has a marketcap of $1.2M. This is {{percentagefromath}} from its all time high of $2.08. In terms of its tokenomics, there's a total supply of 30M with 19% currently outstanding. Keep in mind BigShortBets has a fully diluted value of $6.4M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.