Eristica is a revolutionary P2P-platform that drives participation in challenges and online competitions. The project was launched in 2015 and has already got more than 1.2 million users. The platform enables each participant to launch and accept challenges, provide video footage of challenges completed and get ratings based on the results.
Four things you should know
Unification.
Users of Eristica will get an option to create completely different types of challenges, including competitions in online games, offline bets, as well as mass competitions, which is a unique advantage of the project. One other great feature of the platform is the freedom afforded to users when it comes to choosing the number of participants and members. There may be one-vs-one, one-vs-many and mass competitions.
Benefits.
Financial indicators and fees in the industry of Bets and Challenges are not uniform and sometimes the disparity can be exorbitant. Bets are usually subject to bookmaker or intermediator firms meaning that the fees can rise up to 20%. For example, platforms with challenges among young people charge a 10% fee while online and eSports competitions charge 5–10%. That said, Eristica sets a single bet for all types of bets, challenges, and competitions, that is 3%. This is bound to become a standard in the industry and create a flow of customers from more expensive platforms.
Synergy.
Eristica will also create a platform where different types of people can interact with each other thus creating a level of synergy in the process. The young demographic who perhaps have never dealt with crypto-currency before, will get an opportunity to try the products and services in the crypto-industry. This will create a new inflow of users and speed up the process of introducing crypto-currency into the masses.
Community.
A young audience demographic is one of the attractive aspects of the Eristica project. About 64% of the 1.2 million user base are young people between 13–24 years old. Active users log in to the application 4 times on average. What’s even amazing is that the average session duration is at 13 minutes, which is a pretty high in the industry.
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