Trading perps
Concept
Sports Perps (Perpetual Trading Contracts) turn real athletes and teams into live, tradeable assets.
Unlike classic prediction markets or fantasy games that end after a match, Sports Perps are continuous markets living 24/7, as long as the athlete or team exists. The best part is that you don’t need any any financial knowledge or complex tools.
The UI is built like a mobile social app, not a finance terminal:
Two buttons: UP 🔼 or DOWN 🔽.
Clear price charts showing how an athlete’s “market” is moving.
Instant feedback and visible community sentiment on every athlete.
You can go :
UP (LONG) → when you believe a player’s performance, hype, or popularity will rise.
DOWN (SHORT) → if you expect a decline in form, ranking, or reputation.
There’s no expiration date positions can be held indefinitely, with small dynamic funding fees balancing the market.
This system merges the thrill of sports with the strategy of trading, creating the first-ever Sports Exchange.
User Experience
Choose your Asset
Each athlete or team has a live market price (e.g., pAlcaraz = 100, pYamal = 95).
Prices fluctuate in real time with performance, media impact, and fan sentiment.
Pick a Direction
Up (Long) → You believe the athlete’s performance/hype will increase.
Down (Short) → You think they’ll drop in form or popularity.
Set Your Stake
Choose your position size (from $1 to $100,000).
Leverage can be added in future versions for amplified exposure.
Live Performance Drives Price
Market prices react dynamically to:
Match results & stats 📊
Ranking updates 🏅
Social & media trends 📱
Sponsorships, transfers, injuries, or controversies 💥
Exit Anytime
You can close your position instantly, locking in profit or cutting losses.
Optionally, swap between players or hedge with opposite positions.
Earn Rewards
Profits are based on price movements of your positions.
Active traders also earn XP, NFT boosts, and leaderboard points.
Market Mechanics
Continuous Markets: never expire, mirroring perpetual futures in crypto.
Funding Rate: small fee paid by the dominant side (longs or shorts) to balance liquidity.
Liquidity Pools (LPs): powered by Playon or community vaults that provide depth and stability.
Transparent Orderbook: users trade peer-to-peer through on-chain smart contracts.
Business Model
Playon generates sustainable revenue across several layers:
Trading Fees
1–2 % fee on every open/close trade.
Funding Fees
Collected from longs → shorts to balance exposure (Playon takes a fraction).
Cashout Spread
Small margin applied on instant exits.
Community Jackpots
0.2 % of trade volume funds Playon-wide jackpots and fan rewards.
Scoring & Price Dynamics
Each athlete’s “price” evolves based on real-world and social performance indicators:
Match Results
Win = +5–15 pts / Loss = –3–10 pts
Stats Performance
Aces, breaks, or goals = micro boosts
Ranking Movement
ATP/WTA or league rank changes
Social Momentum
New followers, media hype, brand deals
Reputation Events
Injuries or scandals cause drops
Result: A dynamic, ever-evolving market where skill meets narrative, and data meets emotion.
Incentives & Rewards
Playon rewards both traders and fans:
Traders earn profit from smart positions.
Gamers earn XP, collectibles, and NFT-based boosters.
Teams & Fans contribute to their global leaderboards, earning Team Points.
Community Jackpots distribute part of trading fees back to active users.
Every action — prediction, trade, or win — strengthens your profile, your team, and your wallet.
Vision
Sports Perps are not just about speculation.
They’re about transforming fandom into ownership — where fans shape the value of athletes and teams through their beliefs and engagement.
Playon’s long-term vision is to become the global Sports Exchange, where performance, sentiment, and market forces converge into a single, gamified ecosystem.
Sports Perps: Trade athletes like assets. Predict. Earn. Shape the game.
Welcome to the new era of sports trading — where every fan becomes a market maker.
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