The idea is actually interesting and I think the prediction community you are describing is an innovative way to combine the love of sports with the possibility of earning rewards by allowing members to vote on prediction markets and set the odds.
Thanks for the interest in the topic and great questions! I’ll dive into more details.
How does the community work in terms of rewards and how are NFTs used to participate in the Match Pools? Can you explain more about how rewards are distributed and how NFTs are obtained?
Predictions and Rewards ExplainedInitially, we plan to forecast and quote up to 20 events daily. Each event has its own Match Pool. To understand a Match Pool, imagine a bookmaker with one event per day and one Market for it (e.g., Total).
Every day, new events are added to the Match Pool. Their outcomes shape the Pool’s rating, which can grow or shrink by a predefined percentage based on community voting. Monthly, Match Pool participants receive rewards based on their Pool’s rating. Rewards are in Rating Points (RP), an ERC-20 token on Polygon.
Important note: The core idea isn’t about RP tokens, despite how it might seem. RP are just rating points, playing an intermediary role. They can be stored decentrally, and additional mechanics may be built around them, but that’s a separate story.
What Are NFTs For?Technically, an NFT is a “ticket” to a Match Pool. Each Pool has its own NFT, and holders automatically become Pool participants. If you sell your NFT, you exit the Pool. Essentially, the NFT collection replaces websites or apps. Instead of registering on platforms, all you need is an NFT.
Important note: As the community operates, NFTs can only be bought from other members. The exception is at launch: some NFTs will be distributed for free to early participants, and others sold at a minimal price (near-free). All proceeds from sales go to a Royalty Fund.Can you share some examples of how the community has worked so far and what are the plans for the future? Is it self-sustaining or does it depend on the frequent entry of new members who need to acquire their NFTs
We’re at the very start, in pre-launch mode. The project is 95% ready for launch in its initial form. Our immediate goal is to attract the first users.
The community model proposed here is self-sustaining. In theory, just two participants periodically buying/selling NFTs to each other are enough.
Why?
As mentioned earlier, Match Pool participants (and others) will earn rewards in RP, which are initially not backed by anything. When participants buy/sell NFTs to join Pools, royalties are generated from these sales. These royalties will give value to RP.
At the same time, the more participants vote in predictions, the more accurate the odds become, which is crucial for setting quotes.
I would also like to know more about the team behind the community. Who are the founders and what is their experience in sports and predictions? Can you share more information about the team and how you work together to create and manage the community?
There’s no formal team yet, and at least initially, there’s no real need for one. A couple of users helped with testing and such.
This is entirely my idea, and I can implement it as is. I’m also ready to admin the community. That said, this isn’t a business but a true community—any user wanting to contribute to its growth can join, including as an admin, moderator, or similar role.
I have some experience in betting. I’m no guru, but I understand many principles. That’s partly why I want to move away from traditional betting and offer an alternative of sorts. Sports events are my hobby, and I’d love to turn it into something more than just a pastime. Simply put, the community isn’t a niche for profit—it’s my passion.
