This market refers to the professional boxing match between Jake Paul vs. Mike Tyson, streamed globally on Netflix.
- In order to participate, users use HLUSD to buy shares of outcome. Each share represents a unit of belief in the outcome. If users believe any boxer to win/lose or draw, users can buy shares of the favored outcome.
- Prices are the cost of buying 1 share of each outcome, and they range between 0 HLUSD to 1 HLUSD.
- After buying shares of an outcome, a user can sell (some or all) his/her shares to de-risk (cut loss) or to take profit.
- Users can buy/sell before the last trading time, specified on the top title of this market.
- The market operates continuously, the price of share (of each outcome) keeps changing in response to the activities (buy/sell) from all participants of this market.
Outcome Determination: The resolution source for this market will be based on Netflix and MVP. If the match is on time, this market will be resolved within 24 hours after the match ends. If the match is delayed or canceled, this market will be resolved by official announcement from the Netflix and MVP.
Payout Structure:
Upon market resolution, participants who are holding shares of the correct outcome will earn; participants who are holding shares of incorrect outcome will lose.
