Crypto Updates

Play-and-Earn Football Prediction App Pooky Announces Availability of Genesis NFT Collection

Play-and-Earn Football Prediction App Pooky Announces Availability of Genesis NFT Collection

February 16, 2023 – Milano, Italy


Pooky, the gamified Web 3.0 football prediction platform, has launched its Genesis collection Pookyball NFTs for early access to its gamified, no-risk alternative to betting.

It follows the public beta of Pooky that launched in November 2022, which saw over 450,000 predictions made, with an average of 7,000 active monthly players.

With Pookyball NFTs, players will be empowered to earn crypto-based rewards for guessing the outcomes of football matches in Europe’s biggest football leagues.

Pooky is transforming sports betting with a unique NFT-based prediction game that provides the same thrills – but without the financial risks of traditional gambling.

By predicting the outcome of games, number of goals and exact scores, players can climb the ranks of the Pooky leaderboards and earn MATIC and POK rewards.

The 1,000 Genesis collection NFTs were designed by 3D studio Serial Cut, which has worked with brands including Nike, Spotify and RedBull, and will be available to mint starting February 28, 2023. Multiple levels of rarity will be available, with the most scarce NFTs possessing higher attributes to boost players’ prediction strategies.

Pooky will follow up with periodical mints of regular Pookyball NFTs starting in March, giving everyone the chance to start participating in its predictions game.

Pooky’s prediction game initially supports football, with plans to expand to tennis, basketball and Formula One later this year.

During its first phase, Pooky will use its soulbound POK token to test its in-game mechanics before transitioning to its native and tradeable TPK token later this year.

A sustainable tokenomics model

Pooky has created a sustainable economy based on a single capped supply – ERC-20 utility token (TPK) for in-game expenses and rewards – using a rewards pool per season and per competition model where tokens are distributed based on in-flow.

Unlike play-to-earn titles that suffer from rampant token supply inflation, Pooky does not award tokens for simply playing. Instead, gamers must demonstrate prediction and strategy skills to top leaderboards rankings to maximize rewards.

When players spend tokens on upgrades to boost their earnings potential, a percentage of those fees will be burnt. These two mechanics, combined with a capped supply result in a more sustainable, long-term circular economy that’s absent in most other play-to-earn models.

Pooky is built on a…

Click Here to Read the Full Original Article at The Daily Hodl…