CONTRACT ADDRESS : coming soon 👀
Welcome to LockProfit
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The only crypto token for sports bettors, sports fans, and innovative investors!
Unlock a new era in sports betting with LockProfit, the next-gen crypto betting experience that distributes all winnings to the token holders!
Our unique community-driven platform, built on Solana, combines the power of decentralized finance with the passion for sports and the excitement of betting.
Here, all profits from our strategic, council-approved bets are distributed back to you, our token holders.
Lock in, engage with the community, and let's all get paid!
BET BETTER 😏✅
At LockProfit, we're redefining the sports betting game by combining advanced AI prediction algorithms, expert analysis, and community input to create a unique betting experience!
Voting Rights 🗳
All holders of the $LOCKR token are eligible to participate in the weekly voting.
Results are governed by majority rule for general decisions & super majority rule for riskier plays.
Voting will take place on X, Telegram, Discord and right here on our website.
Bet Selection 🎫
Every week, our team uses a combination of AI-driven analytics, expert opinions from the Lock Council, and Community input to identify the most promising betting opportunities.
These bets span across various sports and events to ensure diverse and exciting options.
Community Involvement 💪
The LockProfit community plays a crucial role in shaping our bets.
Through our decentralized platform, community members vote on key decisions, including which sports and events to target, and which bets to place.
Your participation ensures that the collective wisdom of our community is always in play!
Weighted Decision-Making ⚖️
Once the bets are shortlisted, we use a weighted decision-making process to finalize them.
The Lock Council's expert analysis, our AI's predictive modeling, and the Community Vote are combined to determine the best bets to place. Each factor carries a dynamically-adjusted weight, ensuring a balanced and strategic approach to betting.
Stake Sizes 💵
The community also votes on the stake sizes using the Kelly Criterion, a mathematical formula used to determine the optimal bet size based on the probability of winning.
Lockers can choose from Quarter Kelly, Half Kelly, Full Kelly, or Double Kelly stakes, ensuring a flexible risk management strategy.
Locking in the Bets 🔒
Once all votes and inputs are gathered, the finalized bets are automatically placed using our secure platform.
We utilize trusted platforms to ensure transparency and security in all transactions.
Profit Distribution 🤑
After the bets are settled, all winnings are redistributed back to our community.
Profits are distributed to all $LOCKR token holders in the respective pool currency ($LOCKR, $SOL or $USDT) via smart contract.
If you've staked your tokens, you may also receive additional rewards as a bonus for your commitment!!
At LockProfit, we're all about transparency, fairness, and maximizing the value for our community.
Join us, participate in the process, and #LetsAllGetPaid !!!