Soccersm
  • Get Started
    • 💚What is Soccersm?
    • 🔐How To Sign-in
    • 💰How To Fund Your Wallet
  • How To Claim Airdrop
    • 🪂Steps To Claim Airdrop
    • 🪙How To Get ETH & LSK on Lisk Chain
    • 🔍How To View Assets on Lisk Network
    • ↪️How To Transfer Assets from Crypto Wallet to Soccersm
  • Challenge Pools
    • 🔮What are Challenge Pools?
    • ⚽How To Create Football Pools
    • 🪙How To Create Crypto Pools
    • 🤝How To Join Challenge Pools
  • AI Predictions
    • 🤖What are AI Predictions?
    • How To Request Single Predictions
    • How To Request Combo Predictions
  • TROPHIES
    • 🏆What are Trophies?
    • 🏅How To Earn Trophies
  • $Balls Token
    • 🤾What is the $Balls Token
    • Tokenomics
Powered by GitBook
On this page
  1. Challenge Pools

What are Challenge Pools?

PreviousHow To Transfer Assets from Crypto Wallet to SoccersmNextHow To Create Football Pools

Last updated 2 months ago

Predict the future and get rewarded on Soccersm using the Challenge Pools! A Challenge Pool is a p2p decentralized prediction pool that allows strangers to stake against each other on the outcome of real-world future events. These events range from future crypto asset prices to sports predictions, politics, and more.

How it works

  • Each party must commit a stake to the pool to back their predicted outcome.

  • In Soccersm the amount to commit is fixed and determined by the party that initializes the pool.

  • When the pool matures, that is, after the actual outcome of the predicted event is determined, the pool will automatically determine the winners and losers based on their pre-selected predictions of the result of the event in question.

  • Since all this is handled on the blockchain by a smart contract, it is a truly decentralized, trustless, and non-censoring approach to making predictions.

🔮