Launches New Cryptocurrency Token $OVER Alongside User-Friendly Account Abstraction Interface
First Look at the New and Improved Overtime: A Decentralized Revolution in Sports Betting
Hey there, sports fans! It's time to buckle up and prepare for a wild ride as we dive into the world of decentralized sports betting with Overtime.
Award-Winning Onchain Sportsbook Evolves
Overtime, a leading force in the onchain sportsbook universe, has just announced some major changes. The team is consolidating their parent protocol, Thales, under the Overtime brand and introducing a new native token, $OVER. This rebranding marks a fresh start for the platform, promising an enhanced user experience with a unified identity.
With its new domain (https://www.overtime.io/) and complete Account Abstraction integration, Overtime is pioneering a seamless and accessible approach to onchain sports betting. The platform has been delivering top-notch onchain services for over four years, boasting impressive statistics like:
- Over $200 million in total volumes
- More than 100 sports and leagues supported
- 50,000 active users
- Thousands of unique betting markets
Decentralized Freedom, for the People, by the People
Overtime shines as a beacon of decentralization in an otherwise restrictive industry. Unlike traditional bookmakers, Overtime's barrier-free platform allows anyone to participate without the hassle of restricted betting limits, arbitrary bans, or withheld payouts.
As the primary driver of Thales DAO growth, Overtime's organic success led to a full merger of Thales DAO under the Overtime brand. This move represents a unified commitment to the future of decentralized sports betting.
A Simplified Onchain Experience: Overtime Accounts
With the introduction of Overtime Accounts, users will enjoy a smoother onchain journey. This innovative smart account system aims to abstract away the complexities of wallets and the Ethereum network. Particle Network's Social Logins and Biconomy's SDK help facilitate the creation of wallets and handle smart-account functionalities, respectively.
All you need to do is create an Overtime Account, deposit supported collateral, and access the platform's onchain sportsbook interface. The platform offers a variety of features like parlays, system bets, SGPs, futures, and live betting, all without the need for manual confirmations or ETH for gas fees.
The new Overtime UX is available here: https://www.overtimemarkets.xyz/
The $OVER Token: Driving Growth and Governance
The new $OVER token comes with a total supply of 69.42M, a 30.58M-token burn from the original THALES supply. Existing THALES holders can migrate their tokens to $OVER at a 1:1 ratio on the new overtime.io domain. The $OVER token will have multiple utilities, such as:
- Better odds for betting with $OVER token
- Token buybacks and burns for deflationary dynamics
- Governance power within the Overtime DAO
Innovating the Future of Sports Betting
From its live betting infrastructure powered by Merkle Trees and reliable Chainlink oracles to its permissionless liquidity-providing pools and onchain free bets solution, Overtime is pushing the boundaries of what's possible in the world of onchain sports betting.
Overtime seeks to dethrone traditional offchain platforms with its transparent, fair, and accessible approach to sports betting. The platform's design ensures that participation is governed by smart contracts, enabling open access to place bets and withdraw funds.
Join the revolution and become a part of the future of sports betting with Overtime. For more information, visit https://www.overtime.io/, and don't forget to reach out at [email protected] with any questions or concerns. Stay tuned for updates!
Promoted Content
Want to join the action? Grab your $OVER token today on platforms like Uniswap, Velodrome, and Aerodrome! 💰💰💰
† Advertise Here †
- As Overtime evolves, it introduces a new native token, $OVER, which will not only serve as a medium for better odds in betting but also provide governance power, fostering a decentralized approach to the sports betting ecosystem.
- The integration of Ethereum-based technology in the sports betting sector expands, with Overtime embracing cryptocurrency and harnessing the power of blockchain-buoyed platforms like Uniswap, Velodrome, and Aerodrome for the trading of $OVER tokens.
- Buckle up for the future as the realm of sports betting merges with cutting-edge technology, exemplified by the incorporation of Ethereum technology and the rise of cryptocurrency in Overtime's decentralized sportsbook platform.
