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FAQ
What is Ryz3?
The first Binary Tokens powering web3 speculation – think online betting merged with defi investing. Our first event is Messi v Ronaldo so go check it out!
What is Messi v Ronaldo?
“Messi v Ronaldo: Top Goal Scorer” is the first official Ryz3 event – an alpha launch of the first Binary Tokens. Players can participate by purchasing either the Messi or Ronaldo token from PancakeSwap.
A percentage of all transactions will be added to a prize pool that gets distributed as BUSD to the holders of the current winning token, that is the current Top Goal Scorer + Assists in the 2022 FIFA World Cup between Lionel Messi and Cristiano Ronaldo. At regular intervals, the leader is determined externally by a data feed provider.
In Layman’s terms, if you’re holding Messi token, and Messi is currently leading the goals and assists, then you earn bonus BUSD just for holding!
How do Binary Tokens work?
Binary Tokens are a special type of Ryz3 event where each outcome is launched as its own token. Each individual token not only operates as a standard investment but doubles as speculation where choosing the “winning” token yields an additional bonus. Normally, Binary Tokens are tied together through their transaction fees e.g. a combined rewards pool that is distributed to the winning token holders.
How are winners selected?
Ryz3 Events pull information from verified and trusted data feeds directly into its contract code. Winners are never manually selected by event creators and must be verified by external parties.
What do winners get?
Holding any amount of the winners token at the end of an event makes you eligible to claim a winners NFT for that event for a minimum amount of time.
I can get lifetime dividends?
The value of holding a winners NFT is a share of future event transaction fees. That’s right, winning a Ryz3 Event instantly makes you a stakeholder in the platforms success!
The more you win, the more you own.
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