HERO’s General Reward — Hodl or play & get paid!

A revolutionary reward system that benefits everyone in the HERO community

The platform & game specifics

herosphere.gg is an esports prediction & fantasy platform, which means users buy into so called “contests” (eg. a specific DotA2 tournament) to bet on the outcome of matches and choose their own fantasy team. Based on the users respective performance all participants of a contest are ranked and based on the specific modus. For example if your predictions are better than the majority of players entering a contest with you, you can double money from the pot.

All of this works through smart contracts.

The General Reward (GR)

When issuing HEROcoin we have also set a 1% GR in the smart contract. This means that 1% of each and every pot ever played (not only on herosphere.gg but with any provider worldwide) goes back to all token holders, even if they are not actively playing. This 1% is spread among all token holders serves as an additional incentive also for investors who are supporting the project.

Simply by holding HEROcoin in your private wallet, which supports ERC20 token, you get the GR. It is, however, important to mention, that your balance is being updatet ONLY when you move any funds on your wallet, so it makes sense to do this from time to time in order to benefit from compound interest on your GR.

The distribution of the GR

The distribution does work automatically and is triggered after a contest ends. This means that the GR is — without any step in between — sent to your wallet. You can see these transactions shortly after the contest ended on Etherscan.io, but you WILL NOT YET see them in your wallet. To display the amount of the General Reward, you need to make a transaction. This transaction can be a Buy-in on herosphere.gg, a HEROcoin withdraw from the Exchange KuCoin or just moving funds from wallet to wallet.

Transparency on the Blockchain

Here is the link to a real example PLAY contest on herosphere.gg: https://etherscan.io/tokentxns?a=0x6427f669ac0036c7f3089976948a36ca91a0f4a1

Screenshot from the link above (Etherscan)

Every time a contest ends a pay-out is triggered. In this case the transfer of 2000 PLAY is paid out to one of the winners and immediately afterwards the 1% (20 PLAY) which is the General Reward becomes visible.

Please be aware that you only receive the GR, if you control the private key of the wallet, e.g. on herosphere.gg or MEW.

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If you have questions or would like to discuss this, please get in touch.

We are active on any of those channels:

Telegram: https://t.me/joinchat/FsEwOwtrCZMWwHokEj70Gw

Bitcointalk: https://bitcointalk.org/index.php?topic=2116864.0

Reddit: https://www.reddit.com/r/HEROcoin/

FB HERO: https://www.facebook.com/HEROcoinio/

FB Herosphere: https://www.facebook.com/herosphere.gg/

Twitter: https://twitter.com/HEROcoinio

Youtube:https://www.youtube.com/channel/UCi6gLMu21XsrnWcdS0VOwdw