FAQ

First of all, you will find a small surprise already waiting you in your portfolio: one complimentary share of your favourite team. Otherwise, you can just go to ‘market’ or ‘matches’ and make your first purchase as you wish.

Well, for what regards the experience, it’s a little bit of everything. In any case, since we only ‘play-for-fun-to-earn’ and you don’t invest real money, technically, it is more of a fantasy stock exchange market. And no, it doesn’t have to do anything with crypto, tokens, or NFTs.

No. They are for playing purposes only. We can call them virtual or synthetic. In any case, they don’t have anything in common with real shares, they don’t belong to the teams, and they don’t have any value outside of this platform.

Not yet. This season we are starting only with, what we call, the simple ‘play-for-fun-to-earn’ model. But, we do intend to offer a ‘real money’ model in near future. Working on it.

Yes. We award the ten best traders with various or other prizes. Each month and at the end of the season. Basically, we try to create various incentives and they can change throughout the year. Don’t worry, we will keep you informed if you’ve won something.

We are calculating that for you. But, in order to understand better, here is the example mentioned earlier. If you buy a share for EUR 10, and your team wins the next game, the share value will go up to, let’s say, EUR 12, which means your Net Balance will be + EUR 2.

Of course you can. But if you haven’t won anything in a given month, don’t worry. You actually have even better chances to win prizes next month. How? Because each new month we award the players that improved the most percentage-wise. So it will be in fact more difficult for the best ones to win again and easier for the others to be on top.

For example, if player A increases his/her portfolio from EUR 5000 to EUR 5500, that’s 10% increase. If you increased your portfolio from EUR 3000 to EUR 3600, that’s 20% increase. That means you are better for that month even if you have less money in your portfolio/wallet.

Honestly, no real reason. We just tried to set the best scenario for you to be able to trade actively.

You are allowed to purchase maximum of 100 shares of one same team. Why? Because we want to protect you from risky ‘all in’ playing and help you stay in the game all the time. Otherwise, you are free to combine your portfolio with different teams as you like.

Well, that is not real money, so the answer is no.

We are offering the top 5 European football (soccer) leagues for the time being. Which means there are almost 100 teams playing. The amount of the shares is not really relevant as the Share Value is not affected by speculative supply and demand but by an algorithm that is based purely on sport performance on the field.

Not for now. But we may add ‘limited editions’ such as UEFA EURO Cup, FIFA World Cup, or UEFA Champions’ League for example.

Sure. As we ‘play-for-fun-to-earn’, and no real money is involved, we are not regulated as a betting or trading platform. Once we do start offering the ‘real money’ model, this question will become more relevant indeed.

Practically whenever you want. However, once a match starts, the trading will be locked until it ends.

The share value prediction for the next match will be published, obviously, only after the ongoing match is finished.

The concept idea is that you trade among yourself, the fellow traders. But, since we are playing for fun, this doesn’t really matter. You can always buy or sell shares at any time and we are always here to process your transaction with garancy.

You can always buy or sell again, as long as the match hasn’t started in the meantime.

As we ‘play-for-fun-to-earn’, transaction fees are not relevant at this point.

Of course, you can combine your portfolio as you like.

Technically you can, yes. But we don’t recommend it because your net balance will drop as you will have a losing team in your portfolio (even if the game ends in a draw).

Here is one example, in a simplified form. Strong Team A wins home against weak Team B. The share value of Team A goes up 10% and the share value of Team B goes down 10%. If Team B was to surprise Team A and beat them away, the Team B share value would go up 30% and the Team A share value would go down 30%. This means that at the end of the season, the team positioned 8th in the league standings might have a higher share value than the team positioned 2nd. 

Basically, there are several elements such as team standings, as well as many possible outcomes such as win/draw/loss or home/away games that the algorithm calculates, so it may get a bit complicated to understand the details. In any case, the beauty of it is that you will know the share value predictions in advance, so there will be no surprises and speculations.

No, that shouldn’t happen. The trading ends at the end of the season so simply there isn’t enough time for the share value to reach zero.

When the season finishes, the game finishes too. If you are among the best traders, as per the rules of the game, you will get your prize (as kind of a dividend) and then trading is closed. The next season is brand new and we all start from the beginning.

We decided to build a mobile-first web app, which is basically a website that looks and behaves like an app. You can even save it as an icon on your mobile phone (here is how to do it), just like an app. In any case, the idea is that you don’t have to download anything.

Reach us out directly on trade@sportxmarket.com or post the question on our social channels so that everyone can learn.