Introduction to the economics of dotmoovs [Part 1]

dotmoovs has recently been showing how the world of sports might be on the verge of a revolution

The emergence and rapid popularity increase of the play-to-earn platforms has shown us that we’re on the right track. During the course of this week, we will be launching a series of small articles and informative posts that will enlighten you on the economics of dotmoovs — on how you can earn and use digital assets.

In one of the latest efforts to mix together sports and blockchain, the NFT Collection — named “The Balls” — has been launched. In fact, these utility NFTs are bringing a whole new gamification to the app.

​​Just like in real life, you will need a ball to compete for rewards

Very soon we will be introducing and giving more details about the use of NFTs during the game, but we’ll give you a small glimpse on what has being prepared: just like in real life, if you want to play against others you need a ball — but fear not, you don’t have to own it, you can just borrow it from someone and share the revenue if you win.

Adding this reality to others already introduced in the past — like sports mining and investing in challenges to compete and collect the rewards — provides several revenue streams for dotmoovs’ users.

Like we mentioned, we want to give you a full picture so you can better understand the information that will be released during the following days:

The user will be able to use $MOOVs to:

1. Buy NFTs

With NFTs, the user can:

Play challenges and earn $MOOV if he wins challenges

Rent the NFTs to others and earn $MOOV if others win challenges using the NFT rented

2. Invest in challenge mode

By investing in challenge mode, the user can:

Earn $MOOV by winning 1vs.1 Challenges

Earn $MOOV by winning Tournaments

3. Stake in Sports Mining

By staking in Sports Mining, the user can:

Multiply and earn staking rewards

The Beta Version is already available and soon everyone will be able to fully enjoy all the perks dotmoovs has to offer. Start playing now and be part of the sports revolution!

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dotmoovs is a peer-to-peer competition platform powered by blockchain and a state-of-the-art AI system to analyse videos of players performing sports challenges

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dotmoovs

dotmoovs

dotmoovs is a peer-to-peer competition platform powered by blockchain and a state-of-the-art AI system to analyse videos of players performing sports challenges

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