Prizes

The prizes allocation is designed to reward competitive players and drive growth through competitions and referrals. When winners are paid out from each round, a 1% fee is sent to the Bloxwap treasury. A portion of that fee is allocated to prizes for hosted tournaments, leaderboard winners, and referral rewards.

Flywheel

Prizes Example

1. 100 users place $5 predictions for a price, all in the same round (each round is 1 second long).
2. 20 users win and 80 users lose in that round.
   Losing predictions80%

   Winning predictions20%
3. A 1% fee is applied to the $500 winning pool, which is $5.
   Payouts99%

   Treasury1%
4. $5 is sent to the Bloxwap treasury.
   Treasury100%
5. 30% of the treasury is used to pay out prizes for winners of hosted competitions and referrals.
   Team10%

   Community20%

   Prizes30%

   Buybacks40%
6. $1.50 is used to pay out prizes for winners of hosted competitions and referrals.
7. Bloxwap and winners will share the results of their competitions and referrals.

What Prizes Are For

The prizes allocation funds various competitive events and incentive programs to drive engagement and growth:

• Trading Competitions: Regularly hosted tournaments where top performers win cash prizes based on their prediction accuracy and performance
• Referral Rewards: Incentives for users who bring new players to Bloxwap, helping grow the community
• Seasonal Events: Special prize pools for themed events, holidays, and milestone celebrations
• Leaderboard Prizes: Rewards for top performers on daily, weekly, and monthly leaderboards
• Challenge Rewards: Prizes for completing specific in-game achievements or participation milestones

All prize winners and competition results are publicly shared, creating transparency and excitement around Bloxwap's competitive ecosystem.