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=ZziQ2Ns8314Once 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/UC8L6aXXyobFGD2ADJVwRGoQI 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.