Bets

We’ve arrived at the best part of the documentation, the bets. As have been said in the Markets section, those markets that are in active status can receive new bets. If you want to bet in a market, you have to send to the market the bet price (in xDAI) and all your predictions for the market events. When you do this action, a beautiful NFT will be minted with the information of your bet. This NFT will be needed in order to claim your prize (if you are in the winning positions) or you can sell the NFT in your favorite marketplace. In the gnosis chain, you can trade the NFTs in epor.io* for example. This NFT has some details that we want to highlight, the image that the NFT shows it’s dynamic and changes according to the market and bet values. Yes, if you are asking yourself if we get inspired by the Uniswap V3 NFTs you are right. In this image you will find some important information such as:

  • The market name

  • The market address (smart contract address)

  • A validation badge (if the market was validated in curate or not)

  • The jackpot

  • The management fee

  • The current status of the market

  • How many copies this bet has (equal predictions for the events)

There are a few more points that are unique in this NFT. The vertical series of shapes with colors in the right edge, it’s the digital footprint of the predictions of this bet. The background color it’s associated with the market address. All the information to generate the image, and the image itself it’s created on-chain, so will be always available and impossible to be censored.

* prode.eth is not related with epor.io. The user should make their own research about epor. Is not of our knowleadge that they have security audits, so each user should do their own research about the security of that marketplace or other marketplace in the gnosis chain.

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