Spredict Pass: Predict-To-Earn
Last updated
Last updated
Spredict provides PvP prediction championships called “Spredict Pass” to the players worldwide. This is a subscription model, where the player must pay a one time fee to cover the whole period of games in a specific sports or non-sports category or a monthly fee if they are more comfortable with smaller time frames.
Currently, the Formula 1 Free-To-Play mode is live on Spredict’s dApp: as a beta test of our product. We plan to introduce the subscription model (Spredict Pass) for MMA, Crypto price prediction and Formula 1 events and season in 2025.
80% of all Spredict Pass fees go towards the monthly prize pot to be won and distributed among players.
10% for the Spredict team, to develop the project (operational, development and marketing costs),
10% for the Spredict ecosystem as a redistribution system to the community (holders, players, liquidity providers and stakers).
This funds breakdown will be subject to change according to the project's progress and to allow monetization for Spredict partners through the Sponsor Pools.
As Spredict team is looking for a sustainable system to benefit the whole ecosystem, all the Predict-To-Earn rewards will be in SPI tokens.
What does that mean?
Well, for any Spredict Pass bought, either on regular pools, special events, sponsor pools or any other pool created by the Spredict team, the fee collected (in ETH, USDT, USDC etc) will trigger a $SPI market buy order for 80% of the fee to transfer into the pool prize pot. Thus, the more the Spredict platform is used, the bigger buy pressure on the token, benefiting the whole Spredict ecosystem.
