News Release
One week, one BTC, up to 100 bitcoins! Free!
In fact, there is one bitcoin every week! This is the Bitcoin Tournament that MTT Sports will launch in October, which has attracted widespread attention at Token 2049 in Singapore. Most importantly, it is completely free for participants.
What is MTT Sports?
The most prominent event in the cryptocurrency industry in the past week was Token 2049 in Singapore. Following last year’s success, this year’s exhibition exceeded expectations. Although the Federal Reserve recently lowered interest rates, the overall activity index of the cryptocurrency market is still lower compared to the same period last year. This highlights the optimistic confidence of builders in the industry.
On the fifth floor in the Platinum Zone, an outstanding project was discovered. The booth had a striking green color scheme, symmetrical design elements, and LED lights, enhancing its competitive atmosphere. MTT Sports is clearly a sports-related brand, with a trophy in the center shining under the lights, attracting many onlookers to take photos.
This marks the first appearance of the MTT Sports brand at Token 2049. The impact is significant, with advertisements placed in prime locations, and the brand becoming a platinum sponsor. Reports show that the project has received anonymous funding of $10 million, and most members of the team are experienced developers. Considering the current market conditions, the project’s potential during a bull market is highly anticipated.
MTT Sports is a poker tournament application designed specifically for Multi-Table Tournaments (MTT) events and does not support cash table games. The team’s mission is to promote the MTT tournament mode globally and encourage more participants to engage in this form of fair competition. Large tournaments like WSOP Main Event have an entry fee of $15,000, which is a significant barrier for many players.
To ensure fairness in future tournaments, MTT Sports has developed the MTT Network chain, compatible with EVM, using Cosmos SDK. The random card transaction process will be verifiable on the chain, ensuring transparency and openness. The project also issues MTT tokens as ecosystem incentives. For more detailed information about the tokenomics model, please refer to the whitepaper link: https://sports.mtt.xyz/home/Whitepaper.
The development of this tournament platform is progressing smoothly. Users can access the official website mtt.xyz, participate in tournaments for free, and receive MTT token rewards. The platform offers various tournaments, with the weekly tournament being a highlight. Users can earn a seat by participating in mid-week seat tournaments and enter the weekend knockout tournament. Rewards include MTT tokens and BTC.
Starting from October 1st, the weekly tournament will offer a reward of 1 BTC and at least 100,000 MTT tokens. The project aims to prepare 100 bitcoins as promotional rewards, making it one of the largest Web3 application rewards to date. The tournament schedule for October is outlined below.
The Web3 industry currently faces many challenges, especially in an environment filled with redundant infrastructure. Notably, there are few eye-catching applications, and they often have short lifespans. Many projects still focus on technology rather than meeting user needs. Market interest will be driven by user demand rather than technological complexity. Therefore, it is believed that products that meet users’ intrinsic needs have the potential to break through and accelerate Web3 adoption.
Does MTT Sports offer an opportunity to earn real bitcoins and become one of these products? Time will tell.
Contact Information:
Website: https://mtt.xyz/
Telegram: https://t.me/+cdbWvezq6PljODU1
Twitter: https://x.com/mtt_sports
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