Project Overview
Solana Momentum Markets (SMM) is a decentralized sports market platform built on the Solana blockchain. The platform introduces a revolutionary approach to sports market trading by creating unique tokens for each competing team or participant in a match.
Unlike traditional sports trading platforms, SMM allows users to acquire tokens representing the team they believe will win. These tokens are locked for selling until the event concludes, protecting market integrity. After the match, the losing team's token value goes to zero, while the winning team's token holders receive rewards in SMM tokens.
This innovative approach provides several advantages:
- Transparent and verifiable market mechanism
- Immediate and automatic reward distribution
- No need for third-party oracles for performance verification
- Community ownership through governance tokens
- Lower fees compared to traditional platforms
- Use your existing trading platform to participate