Frequently Asked Questions
Here are some of the things that people tend to ask us about frequently.
Before you send us your question you may want to read through these first.
For help and support: [email protected]
Before you send us your question you may want to read through these first.
For help and support: [email protected]
Q. How many price prediction bets can I open at once?
You can open up to five price prediction bets at any one time.
This limit is in place to prevent spam and maintain the quality of betting experiences on our platform. However, you're free to participate in an unlimited number of bets created by others.
This limit is in place to prevent spam and maintain the quality of betting experiences on our platform. However, you're free to participate in an unlimited number of bets created by others.
Q. What happens when no one joins an open bet and it expires (what does expire mean to bet)?
If an open bet expires – meaning no one opposes the statement before the 'join until' time – different outcomes apply based on the bet type.
- For ERC20 bets, the funds will be automatically refunded to your wallet deposit after a nominal operation fee is deducted.
- For NFT bets, you'll receive back your NFT, but the entry fee for creating the NFT bet won't be refunded.
Additionally, the 'join until' time can be extended to allow more participants to join.
Q. Do we get refunds when a game expires, is there a fine?
Yes, you do get a refund when a game expires. For ERC20 bets, the refund is automatic to your wallet deposit, minus a nominal operation fee.
For NFT bets, while your NFT is returned to you, the entry fee for creating the NFT bet is not refunded.
There is no additional fine imposed for the expiration of a game
There is no additional fine imposed for the expiration of a game
Q. What is the minimum possible collateral amount for placing a price prediction bet?
The minimum collateral amount required to place a price prediction bet is currently set at 20 USDC.
Please note that this amount is subject to change in the future.
Q. Till what time ahead can I put my price prediction bets for?
Currently, as we are in the beta phase, you can place price prediction bets for up to three months in advance.
Q. Can I cancel my bet? What happens if I do?
Yes, you can cancel your bet.
However, if the cancellation is due to a change of mind, you will need to pay a fee equivalent to double the royalty percentage of the collateral. For NFT bets, you will receive back your NFT upon cancellation.
However, if the cancellation is due to a change of mind, you will need to pay a fee equivalent to double the royalty percentage of the collateral. For NFT bets, you will receive back your NFT upon cancellation.
Q. How much do I get if I win the bet?
If you win the bet, you will receive double your collateral amount minus the royalty fee. This means your winnings will be calculated as (collateral * 2) - royalty.
Q. Are there any rewards for participating in the testnet?
Yes, there are rewards for participating in our testnet. We will issue achievement badges for active participants, and there might be a possibility of airdropping NFTs later on. So, keep participating and stay engaged!
Q. Who picks the winner in the lottery?
The winner selection in our lottery is completely fair and automated. We use Chainlink's Verifiable Random Function (VRF) to generate a random number, which is then mapped to your lottery number. This ensures a transparent and unbiased process in determining the winner.
Q. When does the lottery open?
The opening of lotteries occurs frequently but at variable intervals. This could be weekly, monthly, or at other times.
We recommend keeping an eye on our platform for the latest lottery openings.
Home
Bets
Lotteries
Wallet
Do you have Referral?
You will receive 0 points upon joining with a referral
Don’t have a referral code?
Check below our posts on X or join our Discord to find referral codes.
Check below our posts on X or join our Discord to find referral codes.
Enter Referral Code
No Referral? , Continue without referral