Hello friends. I continue to talk about how to create a product that will bring profit to all participants and owners of such a product.
In my previous articles, I briefly told a little about what product I plan to create in the future. So if you want to quickly understand what I will write in my future publications, I recommend to get acquainted with previous publications. The purpose of my articles is to attract the attention of potential supporters of my ideas, and also to test in practice the work and the viability of this venture even before the release of the product itself.
First of all, it should be interesting to football fans, as well as supporters of sports betting. Since we are going to use matches of football teams as real events. And since we do not yet have a finished product as auxiliary tools, including the payment system, new technologies will be used, in particular, the blockchain. So if you are for example a supporter of cryptocurrency, you will also be interested.
And so what are we going to use to realize our plans?
• Cryptocurrency tokens
• Football matches
The assets themselves will be tokens (TORE) created on the waves platform. The same tokens (Stimulus) will play the role of a payment system. Well, football matches will be the very real events, the result of which can be easily checked.
All financial transactions will take place on the decentralized exchange of waves, so you do not have to worry about someone stealing your money.
What do you need to buy a share of an asset (TORE token)?
You need to register on the waves platform and create a cryptographic chain.
TORE tokens will initially be traded on the stock exchange only in a pair with our other stimulus token, so before you buy TORE you need to convert Stimulus tokens.
And so, let's sort it out: you are registered on the waves exchange and now you need to buy stimulus tokens, (to find the tokens on the exchanges, just enter a name or identifier in the search box). Then you need to purchase TORE itself, you can buy it already for the stimulus you have, initially the price will be 1/1.
As we have already figured out the price TORE will depend on the results of football matches. But you can sell the asset in the free market.
An example of how everything will happen:
I publish a post with an upcoming football match (there will be a favorite and an outsider in the match), every goal of the match favorite is a plus a certain percentage of the value of our asset (token), and vice versa, every goal of the outsider is a minus a certain percentage of the asset value. And since favorites win more often and naturally score more than an outsider, in the long run the value of the asset will increase, although in an individual match an outsider may also win, leading to a decline in the course.
For example, I publish the post with the match Barcelona - Celta, in this match the favorite is Barcelona (the favorite will be highlighted in a different color and determined with the help of bookmaker coefficients for each match taken). The percentage of asset growth is plus 3% for every goal of Barcelona and minus 3% for every goal of Selta. The original price of a TORE 1 Stimulus asset, i.e. if Barcelona wins, let's say with a score of 3: 1, then the price of the TORE asset will already be 1.05, i.e. will grow by 5%. Formula: 1+ (3 × 3%) = 1.09-1 × 3% = 1.05.
All matches will be published one day before the asset price is apologized, so it will be time to decide whether to buy tokens before the upcoming match. During the day can be included in the asset a few matches.
It also makes sense to write predictions for the matches that will be included in the asset. In general, the work must be done is not enough.
All information will be published on our telegrams channel, and duplicated on the projects golos and steemit as well as in the VKontakte group. All links to the above described resources will be at the end of the post. The draft regulations will be published later.
The first 1000 participants will receive a bonus in the form of free stimulus tokens. So you can participate in our project for free. There will be bonuses for other actions as well, for example for promotions and voices on steemit and golos projects.
If you are interested in this topic and you want to participate in its testing and development. Write in the comments subscribe to us at the following links:
https://steemit.com/@vivota
https://golos.io/@vladi88
t.me/tore_channel
After we have gathered at least 100 telegram subscribers, we will start.
Until new meetings.
