Six Sigma Sports — Announcement
A new era of sports betting is beginning with the launch of Six Sigma Sports, a next generation betting platform powered by Cosmos. Six Sigma Sports will ultimately provide all the functionality you love today — diverse betting options on your favourite sports, real-time analytics, and liquid markets. In addition, by leveraging blockchain technology, we’ll be introducing new aspects to sports betting — self custody, unprecedented transparency, and the ability to participate as “The House”.
Today’s Incentivized Testnet announcement is a key step towards launching Six Sigma Sports and invites sports bettors to join our community and start participating in our journey to 2023 Mainnet. This announcement opens registration for our first public testnet, covering the World Cup 2022 in Qatar, with the following objectives: Test our core betting U/X, settlement functionality, staking mechanism, and blockchain operations. Future testnets incorporating more advanced features will be following shortly thereafter.
KEY TESTNET DATES:
Launch Date: Today, 18 November 2022
First World Cup Match; Sunday, 20 November 2022
Last Day of Testnet (World Cup Finals): Sunday, 18 December 2022
HOW TO REGISTER & PARTICIPATE:
Step 1: Sign up to our Discord
Step 2: Create a Testnet Address (Each user will be seeded with 1,000 Testnet tokens via the faucet. Only 1 tap of the faucet is permitted to qualify for rewards).
Step 3: Complete the online registration form to qualify for rewards.
[i] Note, your discord username, testnet address, an email address and a memorable word will be collected to verify and facilitate delivery of Mainnet rewards to winners. Do not misplace the information you use to register.
KEY LINKS:
· Discord: https://discord.gg/P6udjprQHJ
· Registration Form: https://form.jotform.com/223194859805063
· Testnet Address Instructions: https://six-sigma-sports.gitbook.io/documentation-1/sge-network/testnet
· Testnet Faucet Link: https://discord.com/invite/XXam7dEY4f
· Website: https://sixsigmasports.io/
REWARD STRUCTURE:
Up to 500,000 SGE Mainnet tokens will be rewarded to users who successfully participate in Testnet.
The rewards are divided into 3 Types as follows:
Each Reward Type in Detail:
A. Staking Rewards: 50 SGE will be won by the first 1,000 users to stake tokens on the blockchain. There is no required stake amount, but to qualify the user must do all of the following at least once during the life of the tournament: 1) delegate 2) re-delegate to another validator and 3) un-delegate. The initial delegation will serve as the timestamp to measure the first 1,000.
B. Match-Day Daily Rewards: 15,000 SGE will be available each match-day (23 Match-Days) for a total of 345,000 SGE tokens. In order to be eligible for a Match-Day Rewards, you will need to have executed at least one instance of the Qualifying Bet on the day, and the winners will be the top 10 participants as measured by total Match-Day winnings. The Qualifying Bet is a bet type that will be communicated to participants each day via Twitter and Discord. Other than the Qualifying Bet, participants are free to engage in any bets they wish to try and maximize their day’s winnings. The first 3 day’s qualifying bets are listed below, along with the distribution of the daily SGE token reward across the top 10 winners.
Illustrative Example: Day 1: Bet on a 3-way result
On the first match-day of testnet, as this is opening day there is only 1 match. The Qualifying Bet is to place a bet on a 3-way result. A user will need to bet on either Qatar to win, Ecuador to win, or a Draw. This action will make your wallet eligible to win the daily rewards. However, in order to WIN the rewards, you will need to make profitable bets earning you a place in the top 10. The top 10 users who generated the most winnings from betting during the 24-hour match day period will receive a portion of the rewards based on ranking.
C. MVP awards: A total of 105,000 SGE Tokens will be available as discretionary rewards for engagement in our testnet, capped at up to 20 unique participants, with each receiving 5,250 Tokens. The selection will be at the discretion of the team and principally based on community engagement, feedback and suggestions, bug finds and fixes, and overall value added. The recipients will be determined as soon as is practical post the conclusion of the Testnet.
Bonus Challenges: As the testnet develops, we continue to evaluate new opportunities to reward our community and users. Stay tuned to our discord and twitter for the latest announcements, which could include bonus challenges.
Rules & Misc. Terms:
1. Mainnet reward tokens will be delivered on or around the launch of Mainnet in 2023[i].
2. For the avoidance of doubt, the Incentivized Testnet is conducted with freely available Testnet tokens of no value or utility outside of this scope. The testing environment is not a live betting application. The awards outlined are in exchange for testing functionality of the application only.
3. Only one tap of the faucet is permited to qualify for rewards. Everyone should access 1,000 SGE Testnet Tokens as a starting point. Multiple taps of the faucet, although technically achieveable under certain conditions, will be monitored and be grounds for disqualification.
4. Strictly only one address per user. The team reserves the right to disqualify any addresses it suspects of being multiple entries.
5. No wallet-to-wallet transfers are allowed. Transferring tokens between addresses will disqualify them for rewards.
6. Users can win multiple rewards, subject to the caps per the above.
7. All decisions by the Six Sigma Sports team are final. Six Sigma Sports reserves the right to update the rules and or introduce additional requirements if necessary.
8. Bad or malicious behaviour will disqualify users.
9. Six Sigma team members are not eligible for awards.
Beyond Incentivized Testnet I:
We have a packed roadmap going into 2023! Following Incentivized Testnet I, we intend to run at least one additional Testnet. This will incorporate various back-end updates, front end improvements and reveal additional functionality including “Be the House” functionality. We expect mainnet to be live by the end of Q1 2023, followed very shortly by the launch of the Six Sigma Sports application itself.
We hope you are looking forward to the 2022 World Cup as much as the team at Six Sigma Sports. Join us as we launch the next generation of sports betting! Any questions or issues, we are always available in our discord.
[i] Note there is no guarantee of a Mainnet launch or delivery date.
