Battle of the Gem
The battle of the gems is a one-of-a-kind betting option that empowers players to stake meteor on the possible outcome of one of many cryptocurrency influencers’ project calls.
BEST SINGLE CALL
To implement this bet, the price of a token is recorded at the time of the Twitter post. The maximum percentage gain of a 5 minute candle’s close from this point to the end of the betting period is used to determine the influencer’s call success. The influencer with the largest gain during the betting period is declared the winner and is rewarded a total of 10 Meteors.
BEST OVERALL CALLS
For this bet, the price and gain of each call are calculated the same as for single calls. The influencer with the largest total gain for all calls during the betting period is declared the winner.
The rules for influencer calls are as follows:
1. Only twitter calls are counted.
2. A call counts as expressing either a positive sentiment about a token. eg., “$meteor looks good for a breakout here”, or a call with no context eg., “$meteor”. If a coin is included as part of a list of $cointags only it does not count.
3. Gains calculated from the price at time of first call to the end of the betting period.
4. The peak closing price of a 5-minute candle within this period used as basis for calculations.
5. If an influencer calls a coin multiple times, only the price at the time of the first call during the betting period is counted.
6. gem calls only count for projects under 100 million MC at the time of first call.
7. Prices taken from DexTools for ERC calls and PooCoin for BSC calls.
Place your bet on your favourite team at https://meteorbet.org/
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