☀️Introduction

Welcome to Arenaton – Igniting Your Passion for Sports and Innovation

Arenaton is a parimutuel sports betting system on the Arbitrum blockchain where players can stake ETH and convert it to ATON tokens. The platform offers a unique betting experience with dynamic ratios and rewards ATON token holders with 100% of the platform's 2% commission.

What is Arenaton?

Arenaton is a decentralized sports betting platform that leverages the power of blockchain technology to offer transparency, security, and fairness. Players can participate in various sports events by staking ETH, which is converted into ATON tokens. These tokens can then be used to place bets and earn rewards based on the outcomes of the events.

Key Features

Parimutuel Betting System:

• Players stake ETH or ATON on sports events.

• The total stakes are pooled, and payouts are distributed based on the event outcome.

• Dynamic betting ratios ensure a fair and transparent betting process.

ATON Tokens:

• Equivalent to ETH on a 1:1 basis.

• Used for staking and receiving rewards.

Commission Distribution:

• 2% commission on total stakes.

• 100% of the commission is distributed to ATON token holders.

Transparency:

• All transactions and betting outcomes are recorded on the blockchain, ensuring complete transparency.

Decentralized and Automated:

• The platform is fully automated through smart contracts, reducing the need for intermediaries and ensuring timely and accurate payouts.

Arenaton Website

Arenaton has a website, arenaton.com, where players can browse through 30 sports and more than 170 countries for a variety of events.

• Event Creation and Participation: All events start with zero stakes, but players can initiate events, request new ones, or wait for someone to make the first bet.

• Farcaster Frames Integration: It is also possible to stake through Farcaster Frames. Events can be cast and bet inside the Warpcast client, enhancing accessibility and user engagement.