What Is Reality Cards and How does it work ( Reviews).

Reality cards are an NFT-based prediction market. In place of betting on an outcome, each outcome is represented utilizing an NFT, and customers compete with each other to rent it.

customers post bids to hire every outcome at a given charge, and at any time it will likely be rented through whoever offers the best rental price. All hire goes into a primary pot.

At the end of the event, the payout is done primarily based on the duration of possession; the NFT itself turns into owned with the aid of whoever owned it the longest time.

How deposit works and the way to accomplish that.

Before being able to predict reality playing cards, you need to fund your wallet with some MATIC and enough USDC for your rentals. The USDC transferred wishes to be in the Polygon community.

Now you need to make your first deposit. Click on your deposit (which must be 0 if that is the very first time you’re connecting this wallet to reality cards).

Hit Deposit on Polygon and observe the commands from the transaction modal and your MetaMask wallet.

First, you need to Approve the amount you need to deposit (this is a well-known approval transaction earlier than you may deposit a token). MetaMask will assist you with the website from which the transaction is coming (https://realitycards.io) for your protection.

How to locate a bid/make a rent.

Head to occasions and test the Open activities. It’s your choice which one you feel assured in predicting. Each event comes with a threat to win a proportion of the pot and an NFT if you wager properly!

Your possession is temporary due to the fact that at the same time as the event is open, every person can do away with the cardboard from you by paying a better rate.

All players are preventing the ownership in their favored prediction, with the aid of renting, setting bids, and strategically exiting their function, simply to be able to build up greater time and at a less expensive fee than other gamers.

Each Card has a leaderboard in which you may see your progress. At the end of the occasion, all gamers who guessed properly are amassing winnings and likely prevailing an NFT.

Who wins and how are the winning shares?

“Your winnings are decided definitely by using how lengthy you have held the winning outcome card. The pot is paid out to all proprietors of that card, in share to how long they have owned it.”

as soon as an event has ended, the prevailing and losing cards may be proven with a green and red border respectively.

FAQ.

What are Reality cards?

reality cards is an NFT market with a prediction marketplace delivered one everyoutcome of an actual-global event in a unique Non-Fungible Token (NFT), and rather than having a bet on an outcome, you own it (or to be greater accurate, you rent it). At the end of the occasion, the longest proprietor of each outcome maintains it for all time (regardless of whether or not or not the final results became accurate), it hence will become a collectible.

What does it mean to own final results?

to ‘wager’ on an outcome, you lease the corresponding NFT. As an example, if the occasion is “Which crew will win the highest quality League” and you bet Liverpool will win, you rent the ‘Liverpool’ NFT. the handiest one man or woman can personal a token/final results at any time. The NFTs are called cards.

What happened to the hire?

it is saved secure and sound within the settlement till the event that is being guessed on takes place. Then, it is distributed to the winners.

Am I able to withdraw my deposit?

sure, you’re free to withdraw any unused deposit (this is, a deposit that has no longer been used to play) whenever you wish.

How do I declare my winnings if I win?

go to your profile (click on your cope with) after which choose ‘Resolved occasions’ any winnings might be without a doubt shown for claiming. Winnings are lower back on your deposit balance, now not to your deal with. On the way to get the budget again on your own, you need to withdraw your deposit.

Want to join community of Reality Cards players?. Here’s is the official telegram channel.