📈 Real-time Bets
Overview
Monet’s binary options betting system allows users to predict whether a selected crypto asset’s price will go up or down within a set timeframe. The platform is designed for speed, simplicity, and fairness, ensuring instant payouts via smart contracts. Users can customize their bets by selecting bet amount, timeframe, and asset, creating a flexible and engaging experience.
For premium account holders, Monet offers higher payouts, better odds, and exclusive AI-powered insights (coming soon) to improve decision-making and profitability.
Key Benefits
Fast & Transparent Betting – No delays, real-time settlements via blockchain.
Customisable Timeframes – Users can select bet durations (e.g., 30s, 1m, 5m, 15m).
Flexible Bets – Bet small or go big; the platform supports various bet sizes.
Higher Rewards for Premium Users – Premium members enjoy better odds, fee discounts, and AI-driven insights.
Decentralised & Fair – All outcomes are determined by Chainlink price oracles, ensuring tamper-proof bet resolution.
How it Works
User Chooses an Asset
Select from top cryptocurrencies (BTC, ETH, BNB, SOL, etc.).
View real-time price charts and market sentiment indicators.
User Selects Bet Amount
Input custom bet size or select from preset amounts (e.g., $5, $10, $25, $50, $100+).
See potential payout instantly before confirming the bet.
User Selects Timeframe
Options include 30s, 1m, 5m, 15m, 30m for short-term bets.
Future updates may allow longer-term bets (1h, 24h, weekly predictions, etc.).
User Predicts Price Movement
Click “Up” (Call) or “Down” (Put) based on market analysis.
Premium users get exclusive AI-powered suggestions to improve accuracy.
Bet is Confirmed & Locked
Funds are temporarily held in the smart contract escrow.
Users can track active bets on the dashboard.
Bet Resolution & Payout
When the selected timeframe ends, the Chainlink oracle fetches the exact price.
Win? 🎉 Instant payout to user’s wallet.
Lose? Funds are added to the platform liquidity pool.
Future Improvements
AI-Powered Betting Insights – Monet plans to integrate AI models to provide users with probability-based trading suggestions, helping them make smarter bets.
More Assets & Betting Options – Future updates will include more crypto pairs, cross-chain betting, and longer-term price predictions.
Gamification & Social Betting – Introduce social leaderboards, challenges, and community betting pools for enhanced engagement.
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