Topic: WTIP - Gaming Project Split Prize Pool Economics! Start Up! (Read 134 times)

Introducing a new exchange called fanaticoscriptos with three new trading pairs BTC/Doge/Sperco
WTIP can now be traded for BTC market below

https://fanaticoscriptos.exchange/#/markets/BTC/WTIP

WTIP can be traded for the Doge Market Below

https://fanaticoscriptos.exchange/#/markets/DOGE/WTIP

WTIP can now be traded for the Spero market below!

https://fanaticoscriptos.exchange/#/markets/SPERO/WTIP

Adding more exchanges is part of expansion and growth, we have more trading pairs, and plan on a forth exchange lined up for a fee unless another exchange a bigger exchange agrees to list.

New exchange announcement

WTIP can announce we've been added to the Dexzbitz exchange

WTIP can be traded with a BTC trading Pair visit,

https://dexzbitz.live/exchange/wtip-btc

Okay change in plan now you can buy these on the bitcoin market for about the same price, and i've removed the bottom of the waves orders on special request so now you can buy in bitcoin and waves, but waves is sold slightly higher.

WTIP is a token on the waves.exhcnage,
Originally the plan was to tie the waves asset to tokens on the waves exchange and lease out the tokens, but deciding the plan was not enough designing a new plan.

The plan is to set up a gaming competition,

Level 1 £50 entry,
Four players play for Level 2 entry
One winner

Level 2 £200 entry

Four players play for Level 3 entry,
One winner wins Level 3
Second Place wins Level 2 Ticket

Level 3 £600
Heads up match to get to the grand final

Grand final to be played at a later date 250 to 1500 players
£1200 entry.

The £1200 from each player will be a split prize pool, half paid out in £ and half in WTIP to support the token and promote the token.

The prize pool will be composed of entry fees + Sponsorship + 35% of revenue stream from live competitions and interviews with gamer's + comedy content or alternative content - expenses, which won't be more than hopefully more than - £50,000.

so say the direct entry is £300,000 and the expenses is - £50,000

£250,000 will be the prize pool. + sponsorship + 35% of revenue streams

the rest of the money will be saved to develop the token, from the revenue streams.
and the will be a buy back and burn of 10% from revenue streams.

half of the £250,000 will be put into WTIP so that would be £125,000 + 35% revenue stream boosting the price + 25% of the sponsorship

to buy the WTIP token you go to the waves.exchange

the is 100,000 tokens ever created and 100 so far have been burned the 10% rule is active.

the price is starting from 50 Waves for 1000 WTIP just type WTIP into the search feature.
and you will find them for sale under the Waves/WTIP pairing.

Nothing will be burned from the prize pool however, just revenue streams. 10% on the revenue stream only to reduce supply and increase price.

Thanks

James