a_blanchard-reed:

Thanks for sending! This helps a lot (I think) - so you're using ETH as a currency for betting, and then you're able to use a bit of the ETH that people wager to run the software? Please correct me if I'm wrong, there'll probably be a pretty steep learning curve with this.

yes, exactly. it takes ETH to make computations on the ethereum network. So if I want to add your bet to the blockchain it will cost a bit of ETH. (I think average right now is ~.50 cents per transaction). This is called gas. Bets will actually be made in Dai, which is a subset of ETH stapled to the US dollar

Also, could you explain the positive/negative distinction a little bit more from Story 1? Is positive like picking the underdog scenario, and negative is picking the favorite scenario?
A positive bet would be taking the side ot the iOn. It's saying that the person will achieve the goal.

Example

• Jamie is an iOn . She loves to run. She has a goal to beat her mile time of 4:55
• Jamie posts a wager on Shenanigan

Jamie's wager looks like this:

• Positive
  Option 1: I beat my time of 4:55
  Option 2: set a new World Record
• Negative
  Option 3: I don't beat my time of 4:55
• Oscar and Leroy are particles
• Oscar is an optimist and bets option 1, which has the least odds. We say he is positively charged becasue if Jamie succeeds in this, she will make money too
• Leroy is skeptical of Jamies talent and bets option 3. We say he is negatively charged becasuse he's against Jamie.

Does that make sense? A key distinction to makle is that both positive and negative particles are necessary. Theyt arent bad or good, just different ends of the same stick. WIthout both sides playing the game is automatically canceled and Shenanigan moves on to the next one

a_blanchard-reed:

Thanks for sending! This helps a lot (I think) - so you're using ETH as a currency for betting, and then you're able to use a bit of the ETH that people wager to run the software? Please correct me if I'm wrong, there'll probably be a pretty steep learning curve with this.

yes, exactly. it takes ETH to make computations on the ethereum network. So if I want to add your bet to the blockchain it will cost a bit of ETH. (I think average right now is ~.50 cents per transaction). This is called gas. Bets will actually be made in Dai, which is a subset of ETH stapled to the US dollar

Also, could you explain the positive/negative distinction a little bit more from Story 1? Is positive like picking the underdog scenario, and negative is picking the favorite scenario?
A positive bet would be taking the side ot the iOn. It's saying that the person will achieve the goal.

Example

• Jamie is an iOn . She loves to run. She has a goal to beat her mile time of 4:55
• Jamie posts a wager on Shenanigan

Jamie's wager looks like this:

• Positive
  Option 1: I beat my time of 4:55
  Option 2: set a new World Record
• Negative
  Option 3: I don't beat my time of 4:55

Particles

• Oscar and Leroy are particles
• Oscar is an optimist and bets option 1, which has the least odds. We say he is positively charged becasue if Jamie succeeds in this, she will make money too
• Leroy is skeptical of Jamies talent and bets option 3. We say he is negatively charged becasuse he's against Jamie.

Does that make sense? A key distinction to makle is that both positive and negative particles are necessary. Theyt arent bad or good, just different ends of the same stick. WIthout both sides playing the game is automatically canceled and Shenanigan moves on to the next one

That does make sense. So when athletes are setting up their wager scenario, there's an incentive for them to make a bet that will get both positive and negative wagers... Are athletes allowed to be the only person on the positive side or do they need to get someone to join them?

Also, just occurred to me, how are you regulating this to make sure there's no funny business and people are actually accomplishing their goals?

That does make sense. So when athletes are setting up their wager scenario, there's an incentive for them to make a bet that will get both positive and negative wagers... Are athletes allowed to be the only person on the positive side or do they need to get someone to join them?

Also, just occurred to me, how are you regulating this to make sure there's no funny business and people are actually accomplishing their goals?

Hmm i only see my responses once?

That's the beauty of Ethereum. I can set up an automated system to meditate these bets. I can tell you more if you want to here about how I plan on doing it.