What is Spredict?
Last updated
Last updated
Spredict is built on three foundations: a Free-To-Play element, a Predict-To-Earn (Spredict Pass) subscription service, and Custom-To-Win bespoke-built opportunities. As sports fans themselves, the team aims to build a new kind of gamified prediction experience for fans to be able to enjoy sports and non-sports events while efficiently and effectively setting their picks on a user-friendly platform.
Spredict currently utilizes a proprietary blockchain to minimize costs to users and allow for effective design and modifications of the Spredict dApp () while using the blockchain as a key element of its ecosystem.
Players can win in a number of ways in the Spredict ecosystem. They can:
Win native token, $SPI, prizes in single event, tournament, monthly or season subscription pools. These pools will allow projects/lounges to compete against and with each other to win prizes.
Earn revenue share by staking and claiming $SPI or $ETH after the SPI launch through the Spredict staking protocol. A portion of monthly revenue will be distributed to $SPI stakers on top of the tax revenue.
Gain native token by staking a project NFT. These tokens have been set aside each year for the first three years of the project’s lifespan and the revenue sharing model will increase this staking allowance, making holding an NFT incredibly lucrative.