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Author Topic: The Counterparty BitBowl - Decentralized Super Bowl Wagering  (Read 1620 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (1 post by 1+ user deleted.)
nutildah (OP)
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August 12, 2014, 08:57:43 AM
Last edit: August 26, 2014, 10:05:46 PM by nutildah
 #1


Greetings American football fans and bitcoin enthusiasts alike. I am proud to announce that team tokens for the 2015 BitBowl are now on sale at the Counterparty Asset Exchange (accessible via Counterwallet).

What is the Counterparty BitBowl you may ask?

Its a new way to test your NFL prediction skills by purchasing digital assets (team tokens) that represent a team's odds of winning the Super Bowl. If the team that your token represents wins the Super Bowl, you can sell it back on the exchange for a grand prize of 10 XCP (counterparty).

As the BitBowl uses the Counterparty platform to distribute team tokens, you can also buy and sell them for any other assets listed on the exchange (including BTC, XCP and other team tokens).

This makes it possible to "invest" in the probability of a team rising in the rankings without having to wait for the Super Bowl game to take place, similar to how futures contracts operate.

Here's all the links you need to get started:


Below is a list of team token prices currently on the Counterparty Asset Exchange, for your reference. Please feel free to ask here if you should have any questions in regards to the whole operation.

Let the BitBowl Begin!!

- price list updated 8/26

Asset Name   XCP price
CARDINALS   0.1667
FALCONS   0.1667
RAVENS   0.2632
BILLS   0.1111
PANTHERS   0.1471
BEARSB   0.5
BENGALS   0.2703
BROWNS   0.125
COWBOYS   0.125
BRONCOS   1.6667
LIONS   0.25
PACKERS   0.7143
TEXANS   0.1667
COLTS   0.4
JAGUARS   0.04
CHIEFS   0.1667
DOLPHINS   0.1333
VIKINGS   0.08
PATRIOTS   1.25
SAINTS   0.6667
GIANTS   0.2
JETS   0.1176
RAIDERS   0.05
EAGLES   0.3333
STEELERS   0.3846
CHARGERS   0.2381
FORTYNINERS   1.25
SEAHAWKS   1.6667
RAMS   0.1667
BUCCANEERS   0.125
TITANS   0.0714
REDSKINS   0.1333

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rogerdonkey
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August 12, 2014, 09:00:47 AM
 #2

what is this? can u explain to me?

nutildah (OP)
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August 12, 2014, 07:39:11 PM
Last edit: August 12, 2014, 07:54:48 PM by nutildah
 #3

what is this? can u explain to me?

Yes, I can!

Simply put, this is a new way to bet on this season's Super Bowl (NFL American football).

But instead of placing a wager and waiting for a payout, you purchase a digital asset (think "token" or "coin") that represents your wager.

Here is a quick demo video of how to place an order on the Counterparty Asset Exchange:

https://www.youtube.com/watch?v=ZziQ2Ns8314

Once you purchase your "team token," it is a tradeable commodity that you can sell for BTC, XCP or anything else listed as a Counterparty asset.

If the team that your team token represents wins the Super Bowl, you can sell it back on the exchange for the grand prize of 10 XCP.

So if you wanted to place a bigger bet, you could simply buy multiples of the same team token, they can be sold for 10 XCP a piece if that team wins the Super Bowl.

If your team doesn't win, you can still keep your token and do with it whatever you wish, including use it in next year's BitBowl!

Here is the Counterparty YouTube channel for a visual introduction to Counterparty:

https://www.youtube.com/channel/UC8L6aXXyobFGD2ADJVwRGoQ

I wish I could break it down simpler but in order to correctly understand this you need to first have an understanding of

1. how to obtain counterparty (XCP) - I recommend bter or Poloniex.
2. how to move BTC or XCP from address to address
2. how to place an order on the Counterparty Asset Exchange

I try to address this all step-by-step on the website, but if you have any more questions don't hesitate to ask, I will be more than happy to answer them here for you.

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profitofthegods
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August 13, 2014, 10:21:41 PM
 #4

I wish I could support this but I'm English, and we play football with our feet. I know nothing about American rugby.
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August 13, 2014, 11:38:37 PM
 #5

I wish I could support this but I'm English, and we play football with our feet. I know nothing about American rugby.

We use our feet too sometimes, for punting and the extra point and what not.

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nutildah (OP)
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August 16, 2014, 08:06:18 AM
 #6

There's approximately 21 hours to go before BitBowl team tokens go down from the Counterparty Asset Exchange to get repriced according to the latest shifts in Super Bowl odds.

Think you have an upper hand in knowing who are going to be the season leaders? Test your Super Bowl prediction skills by buying the token of your favorite teams.

All the details can be found here.


Old-timey football guy approves.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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August 26, 2014, 10:03:48 PM
 #7

BitBowl team tokens now back up for sale!

This is the final week of the NFL Pre-Season, so if you think you are sure of some major sleepers, now's the chance to capitalize! Buy your team token on the cheap now and sell it for a profit on the open market later, after they've proved they are Super Bowl-worthy, just as you so wisely predicted.

As an example, Johnny Manziel is an up-and-coming QB who plays for a team (the Browns) with a basement bargain token price of 0.1250 XCP (or 312.50 LTBC) per token.

IF the universe aligns perfectly for wunderkind Manziel and company, you can cash out your Browns token for the grand prize of 10 XCP after they win the Super Bowl. That's 10 XCP per token, so if you buy 10, that would be a 100 XCP payout.

Alternatively, if you consider yourself something of a suave trader/speculator, you can buy Browns tokens on the cheap now and sell them on Asset Exchange later, before the Super Bowl, but still at a profit. Its quite possible to triple or quadruple your investment if at some point the Browns become a bowl contender, in this situation.

BitBowl team tokens can be purchased now through the Counterparty Asset Exchange using Counterwallet: http://counterwallet.co

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March 18, 2023, 07:15:26 AM
 #8

Signed message:
---
This project turns 9 years old in August. After months of deliberation, I have decided to put the tokens up for sale. The sale is likely to begin around the start of the preseason, to commemorate the 9th anniversary of this thread. Something big is coming, stay tuned!
---
Signed by 1PypgzaAJXHzLPvkLQwWzqwn1AyhJd9YUi:
---
H2i5DDCxxt8dgWtVkVkI+saYhQOspkntdGySdIUiDEbQM+8i2qxGvxjcs/olR32vlUAe1E8vgfIVe/Tz6tUDv68=
---

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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.. PLAY NOW ..
nutildah (OP)
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July 29, 2023, 10:20:12 AM
 #9

Attention Historical Token Collectors, Counterparty Fans & NFL Fans

In about 28 hours, I will be holding the initial sale of these tokens via Counterparty dispenser. You can get a full team set for 0.01 BTC but you need to have a Counterparty-enabled Bitcoin wallet (I recommend FreeWallet but there is also the good ol' fashioned web wallet).

Here's all the links you need to know for everything about this project (that isn't already in this thread) and the upcoming token sale:

Project homepage
Sale announcement on Twitter
A thread on early sports betting experiment on Counterparty

I will post the dispenser link here after the sale has commenced.


If you have any questions about this project or the token sale, feel free to ask here! Thanks.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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July 30, 2023, 02:39:03 PM
 #10

The first League set sales round is now live!

This inaugural sale consists of 20 full league sets (32 tokens, one for each NFL team) on a single dispenser, for 0.01 BTC per set.

Dispenser link:

https://xchain.io/tx/33539864845cbed5d2090873d141c9b8cc592218b534721d944b0ebd6d69f0ca

Sending 0.01 BTC to the dispenser address (1PypgzaAJXHzLPvkLQwWzqwn1AyhJd9YUi) will trigger the sale of all 32 tokens. Be sure you are sending the BTC from either FreeWallet or Counterwallet. If not, you must possess the private key of the address from which you are sending funds in order to redeem your tokens!

The dispenser address is 1PypgzaAJXHzLPvkLQwWzqwn1AyhJd9YUi

You can double-check to make sure their open by clicking on the 'Dispensers' tab:

https://xchain.io/address/1PypgzaAJXHzLPvkLQwWzqwn1AyhJd9YUi

(note there was an error with the VIKINGS dispenser so it was closed and reopened)

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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.. PLAY NOW ..
nutildah (OP)
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August 06, 2023, 11:11:39 AM
 #11

The first sales round of Counterparty BitBowl tokens sold out in 19 hours!

20 full team sets were sold across 15 individual dispenses via Counterparty dispenser.

We got some glowing tweets along the way:

    "I just bought 3 full sets of BitBowl tokens (2014) 🥳

    The project is significant IMO for being one of the first attempts at a token use-case.

    The issuer recently burned all but 100 of each token. I feel proud to hold some of these rare relics."
- JP Janssen, early Counterparty adopter and creator of OLGA, often referred to as the 1st true NFT.


    "Picked up a full set of these.

    🔷1st sports/gambling related tokens
    🔷2014 mint date
    🔷less than $10 per token
    🔷only 100 fullsets possible"
- Nish Sequiera, Historical NFT aficionado & co-founder of ThreeM Capital


    "These are my favorite types of tokens to collect" - Joe Looney, early Counterparty adopter & creator of the Rare Pepe Wallet.


If you missed the first sale, you can still catch the second, which will take place at 2 pm UTC on Thurs, Aug 10th, which is also the first day of the NFL preseason.

To learn more, please visit the project's official homepage here.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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nutildah (OP)
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September 05, 2023, 04:16:06 AM
 #12

The Counterparty BitBowl Game is Now Live!

After some deliberation, I thought it would be fun to run the game as originally intended. The only two differences are that the grand prize is for a Rare Pepe instead of XCP, and entrants will use a token called IMMORTALS to purchase team subassets that are now available for sale on the Counterparty DEX.

Counterparty BitBowl Game Instructions:

  • Everyone who purchased a team set or individual team tokens has received 100 IMMORTALS tokens per token (so if you bought a full set you got 3200 IMMORTALS).
  • IMMORTALS are to be used to purchase subassets for teams (e.g., BENGALS.2023) that will be redeemable for a Rare Pepe (SOGGYPEPE or PEPETRAIN, or something better which is as of yet undetermined — all 3 options will be available after the Super Bowl).
  • Team subassets are priced according to that team's odds of winning this season's Super Bowl (in Feb 2024), with odds data provided from here: https://www.vegasinsider.com/nfl/odds/futures/
  • To commit your IMMORTALS, open the Freewallet Exchange and enter the trading pair (e.g., BENGALS.2023/IMMORTALS), and place a Buy order.
  • If your team wins, you'll be able to place a Sell order of that token for your Rare Pepe!

Current price list for team subassets (to be updated after Week II has concluded):



Up for sale now is Round II of the full team sets and dispensers for individual team tokens, as well. 15 sets currently remain @ 0.015 BTC / ea. Team tokens are 0.001 BTC / ea. Note that IMMORTALS are currently being dispensed along with a team set purchase and will be credited manually after individual team token purchases.

Please visit counterbowl.com for more info pertaining to token purchases and this project in general.

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October 17, 2023, 01:49:17 PM
 #13

Subasset prices have been updated! There still exists some significant arbitrage opportunities between subasset price in IMMORTALS and that team's odds of winning the Super Bowl as I only updated prices for teams that had a 50% or greater shift in odds.

15 full team sets remain @ 0.015 BTC / ea. Sending the BTC to the following dispenser triggers the sale of all 32 tokens:

https://xchain.io/tx/bf8a694065ec022cb3e31b07af740560692a7a15b1ac0a856883711ef986d8ae

For more info on why you will want to own a set of these tokens going into the next bull market, check out the Bit Bowl project homepage here:

https://dogermint.com/bitbowl/



https://twitter.com/dogermint/status/1714269033393218008/

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November 12, 2023, 06:22:22 AM
 #14

Welcome to Week X of the 2023 NFL season!

Time flies. We still have 15 full team sets on sale for 0.015 BTC each. Sending 0.015 BTC to the following dispenser will trigger the sale of all 32 BitBowl team tokens:

https://xchain.io/tx/2b5185c64da16fbab5c295a2fd9008bf77fac9e6360b56ec852dca8963404db5

You'll also get some IMMORTALS which you can use to purchase new team tokens off the DEX. If your corresponding team wins the Super Bowl, you can redeem your token for a free Rare Pepe!

I will take down most new team token dispensers at the conclusion of Week 12.

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