We are social : help us to keep this page up to date.
If you see something wrong, improve the quality of this page by modifying it.
Write an article about this review to help new users : tutorial or user experience.
Bronze badge mandatory
0 unique visitors sent by NBR on last 30 days.
The referal link is actually available. Use coins to get yours on.
Visually appear as the owner of the site or application presented on this page.
Increase the visibility of this page and create an ad to display it at the top of its category.
You are the owner of the site reviewed here or you own the referral link of this review : boost it to get more traffic !
You can bet on the winner of elections, on a sports competition, on the results of the Oscars ... Each bet is a market on which you buy (with Ether) shares (YES Shares, NO shares ...). Once the event is over, the people with the wrong actions (having badly predicted the course) lose their money, those with winning shares share the winnings.
Anyone can create a market by asking a question and depositing funds that give the starting value of the shares. In exchange, they will receive half of all transaction costs generated by this market.
The result of each market (of each event therefore) is validated by the reporters. Reporters are the people who have PWRs. These REPs (for reputation) are the unit of the cryptomonnaie that interests us (we finally get there!). This currency encourages reporters to validate the outcome of events without lying because owning 1 REP allows you to receive 1 / 22,000,000 of the total transaction costs. Reporters who lie are removed from their PWRs, redistributed to honest reporters.
Then, like a conventional cryptomonnaie, the REP can be bought and sold on the known platforms (Poloniex, Kraken ...).
An original system that uses cryptomony to have as many people as possible validate information.