Huztle - Global Sports and Event Prediction Marketplace
The NE Play Ecosystem will introduce a groundbreaking Sportsbook and event trading platform, merging the concepts of outcome prediction and a peer-to-peer (P2P) exchange. This innovative platform will transform the global sports prediction and trading landscape, providing users with an active and appealing way to participate in sports match outcomes. With a simpler user interface (UI) for sports prediction and exchange, users will be able to easily navigate the platform and predict outcomes. The ability to buy and sell these predictions as tradeable cards at any time even in live events will offer flexibility and enhanced control to users over prediction strategies. Additionally, the inclusion of celebrity and brand engagement tools will introduce a unique and engaging element to the platform.
Key Features
Unique Sports Prediction and Trading
Users will be able to buy trading cards (placed wagers) representing possible outcomes of sports matches. The prices of these trading cards will depend on the match odds. If the predicted outcome happens, the platform will buy back the trading cards from the users at a minimum guaranteed value ensuring they get rewarded.
Pre-Match and Live Prices
Users will have the opportunity to buy trading cards at pre-match prices and sell them whenever they desire, which can be beneficial if they think the odds will change during the match. As the game progresses, the value of these trading cards can go up or down, creating opportunities for trading.
Trading of Opinion Contracts
Users will have the opportunity to place wagers on a wide variety of opinion contracts. These opinion contracts are going be created from the most trending topics thereby ensuring a large base of users always have an opinion they want to back and place wagers on.
Ongoing Trading
Throughout the match, users will be able to trade their trading cards. This means they can sell or buy placed wagers based on the live odds and expected match outcome, allowing them to make smart decisions and potentially earn more.
Buy-back of Speculative Units
Apart from cash outs, the Huztle will offer a minimum buy-back option to trading card holders, ensuring the holders do not end up in a zero-sum game. These hedging strategies and exit positions on the platform will empower users to potentially mitigate risk and improve their odds of winning. For example, the users can sell their bet back for a premium if their chosen team or athlete establishes a strong lead early on. But if the game takes an unexpected turn, users can minimise potential losses by selling their wagers back for a partial return or reward.
Peer-to-Peer Marketplace
Unlike traditional prediction sites, the platform will have a marketplace where users can trade their wagers directly with each other and also place new event-based wagers. Users will be able to improve their cash-out value by trading amongst themselves and this will enrich user interactions and empower users to take control of their gaming experience.
Partnerships with Clubs
Huztle will forge strategic alliances with sports clubs and teams to unveil unique NFT collections embodying pivotal player moments, collective triumphs, and exclusive collectables. Partnership perks could encompass exclusive access to premium experiences, discounted merchandise, or privileged encounters with revered athletes.
Gated Entry for Users
Huztle will grant privileges to registered users for exclusive events, fostering a tight-knit community of enthusiastic and committed members within the platform. Access control mechanisms will be tailored based on membership tiers, loyalty rewards, or noteworthy accomplishments within the ecosystem.
Engagement Platform for Fans
The platform will facilitate a designated hub for fans to connect, deliberate on matches, and exchange insights. Features like interactive forums, live chat functionalities, and seamless social media integration will enrich community interaction, nurturing a strong sense of camaraderie among users.
Integration with PYG
The Sportsbook Trading Platform will also be available on PYG. Esports fans can buy trading cards representing their favourite teams and trade them during matches. This will bring more excitement and engagement for esports enthusiasts.
Engaging User Experience
With real-time updates, match statistics, and community insights, users will stay informed and engaged. They will have all the information they need to make smart trading decisions and enjoy the platform.
The Platform will merge sports prediction, event contracts and P2P trading, allowing users to buy, trade, and profit from such outcomes using trading cards. The platform will offer continuous trading opportunities, better deals through direct trading, and integration with PYG for esports fans. By making use of blockchain technology, Huztle will provide a transparent, secure, and engaging environment for sports and esports fans. With a user-friendly interface and engaging features, this platform will be accessible and enjoyable for everyone, from beginners to experienced traders.
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