Prodds Product Explainer
  • Welcome to Prodds
  • Prodds Predict
    • How to Make Prediction?
    • What is Loss Shield?
    • Types of Prodds Prediction Pools
    • How to Claim Winnings?
    • Fees and Charges
  • Prodds Arena
    • Coming Soon
  • Account
    • KYC Verification
    • Deposit and Withdrawal
    • Disputes and Complaints
  • Tokenonics
    • Prodds Ecosystem
    • Utility Token - $RDM
      • How to get $RDM
      • How to redeem $RDM?
    • Governance Token - $PRD
      • $PRD Supercharger
      • Token Allocation
      • Release Schedule
  • NFT Utility
    • Prodds Box
    • Predict Slip
  • Responsible Gaming
    • What is Responsible Gaming?
    • Tools to Stay Responsible
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  • Products
  • Tokens Flow and Utility
  1. Tokenonics

Prodds Ecosystem

PreviousDisputes and ComplaintsNextUtility Token - $RDM

Last updated 5 months ago

The Prodds Ecosystem integrates blockchain technology, sports enthusiasts, predictions, and fantasy games to create an all-in-one Web3 Sports Hub. Our platform is designed to offer a secure, transparent, and engaging environment for users, with a strong emphasis on compliance and responsible gaming to ensure a healthy and scalable community.

Products

Dugout

Dugout serves as the gateway for Web2 users, offering free, personalized sports news and information. This component introduces traditional sports fans to the Prodds platform, allowing them to experience the benefits of blockchain in a familiar setting. Dugout seamlessly bridges the gap between Web2 and Web3, inviting users to explore deeper engagement with Prodds Arena and Prodds Predict.

Prodds Arena

Prodds Arena is our fantasy sports platform where users can build and manage their dream teams. Using tokenized players represented as NFTs, users compete for rewards in $RDM, which can be redeemed to stable coins. This component not only enriches user engagement but also generates proceeds through NFT sales, contributing to the Prodds Community Wallet.

Prodds Predict

Prodds Predict provides a decentralized prediction platform for sports enthusiasts to make predictions on various sporting events. Powered by $RDM, Prodds Predict allows users to place bets with full transparency. Winnings are distributed to successful participants, and a variable Platform Fee is applied, which supports platform operations and funnels back into the Prodds Community Wallet.

$PRD Supercharger

$PRD Supercharger is a staking feature for eligible $PRD holders, allowing them to earn rewards in $RDM from the Prodds Community Wallet. This mechanism not only offers $PRD holders a share in the ecosystem’s success but also fosters loyalty and community involvement. It enhances the role of $PRD as a governance token and incentivizes long-term engagement.

Tokens Flow and Utility

Utility Token - $RDM
Governance Token - $PRD