1. Players will register to be a Proprietor or an Investor. One or the other, as you cannot take both roles at the same time.
2. A set fee will be paid to the Registration, Licensing and Memberships office for a Proprietors License or an Investors License.
———————————————————————————————————–
PROPRIETORS – Players only purchasing wagers
3. Players will receive a coin that is appraised by the Coin Appraisal Authority (CAA) to be of equal value to their wagering deposit.
4. Players then enter their values into the ZapTrap Wagering System(ZTWS), along with their license number.
5. After the round they wagered on has completed, depending upon the results, the coin will have a greater or lesser value based on an After Round Appraisal (ARA) conducted by the CAA based upon the current market rate for the coin that they set.
————————————————————————————————————
Example:
* Player purchases a Proprietors’ License at 1,000ZD at a current market rate of 1,000ZD per coin, and their wager matches the event results.
* After the round, the CAA initiates an ARA and finds that coin value increased by 150%, meaning the player receives a 1,500ZD payout.
* The CAA may also offer additional value for a picture of the player attached to the coin and the winning game, up to 50% more.
* So if the aforementioned player signs the marketing agreement, they receive a 200% value instead of 150%, meaning a 2,000ZD payout.
———————————————————————————————————–
6. In the event of the wager not matching the actual results, the CAA may value the coin as low as 5% of its original value.
7. So in this case, the player would only receive a 50ZD payout, and receive no marketing agreement offer.
———————————————————————————————————–
8. Players will never lose the entirety of their purchased wager during ARA.