PlotX is a skill-based fantasy trivia game where users compete on the accuracy of answering questions to win rewards in crypto. Based on interest, users on PlotX choose from varieties of challenges and entry fees to enter a contest, answer simple questions and win rewards in crypto. $PLOT is the in-game currency that one can use to enter the contests.
Everyone - no matter their country, background, social status, or income - is knowledgeable about at least one thing in the world. There is at least one area that they know more about than most other people. PlotX is a platform that will let people leverage that knowledge to answer questions and gain wealth.
PlotX has several features of interest to the user, some of which are listed below -
Gas free transactions
Security of DeFi (Decentralized Finance) & Convenience of CeFi (Centralized Finance)
Crypto / Sports focused markets
Guaranteed rewards for correct answers
Faster turnaround time
Easy login and linking of wallets
Audited smart contracts
Cost of interacting with PlotX
Users need to pay an entry fee to participate in contests, and a transaction fee of 2% when forecasting crypto prices. This revenue is used towards the upkeep and maintenance of the platform and the PlotX community. There are no gas fees charged when transacting on PlotX.
What are the risks?
No platform can be considered entirely risk free. The risks related to PlotX are the smart contract risk (risk of a bug within the protocol code) and the risk of a wrong forecast (risk of losing the prediction amount in case of a wrong prediction). Every possible step has been taken to minimize the risk as much as possible, including regular audits using expert third parties.