Reality Cards

What is Reality Cards?

Reality Cards is the world’s first NFT-based prediction market. What makes it unique is that the results are not “betted”, instead they are owned.

With Reality Cards, typical stocks, limits, bids and requests do not exist, even the odds (odds) are removed and replaced with a daily rental price. This is just one of its unique features. What Reality Cards is building has yet to be seen in any other existing prediction market and that is just the beginning.

Reality Cards Unique Features

Reality Cards is a prediction market unlike any other. Users don’t bet on outcomes, they own them.

By owning the result, you own the NFT (non-fungible token) associated with it. For example, if you thought Joe Biden would win the US election, instead of simply betting on Joe Biden, you would own the Joe Biden NFT.

Only a single NFT is associated with each result – so only one person can own it at a time. So if you owned the Joe Biden result, you would be the only person in the world to do so.

Simply put, results cannot be owned outright, they can only be rented out. At any time, they are owned by whoever is willing to pay the highest rent. If there is a result, anyone could become a new owner simply by paying a new price that is at least 10% higher than what the current owner is paying.

Rent payments are not paid to the previous owner, instead they generate the bet for the event you are betting on. For example, in the who will win the US election market, daily rent payments from Trump holders, Biden, and third-party results are all combined into the same winning margin.

To avoid manual daily payments, Reality Cards allow users to make an initial deposit to cover future rental payments. Unused security deposits (i.e. deposits that have not been used to finance rent) can be withdrawn at any time.

Now if someone doesn’t end up buying the result you already own, that doesn’t mean you lose a chance to own a piece of the result. The way Reality Cards rewards those who have chosen the correct result is to divide the total winnings among each user whoever holds the winning result card, regardless of when they held it.

Your winnings are determined simply by how long you hold the winning result card. The bonus is paid to all holders of that card, in proportion to how long they have been in possession of that card.

Roadmap

Reality Cards Token Economy

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Detailed Token Metrics

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Token Distribution

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Token Release Schedule

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Partners & Advisors

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Team Members

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Investors

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