❓FAQ
Q1: Who can participate in CrickDAO?
Ans. Anyone above 18 years of age can access CrickDAO and all its functionalities.
Q2: How to play fantasy cricket?
Ans. In fantasy cricket, you make your own team from real players playing in real tournaments in different parts of the world. Depending on the performance of the players in your created fantasy team, you either win or lose the amount you had staked. The better the performance of your players, the higher the chances of winning.
Q3: Can I make more than one team in CrickDAO?
Ans. Yes, you can make more than one team in CrickDAO. The maximum limit on the number of teams per user varies.
Q4: Who owns my data and progress in CrickDAO?
Ans. Every user has complete ownership of their data and progress in CrickDAO. Their progress is saved in dedicated NFTs that individual users own.
Q5: What is $CRIC?
Ans. $CRIC is a cryptographically secure fungible token on the Polygon blockchain. In terms of functionality, it works like any other cryptocurrency. Users can buy, sell, and trade $CRIC tokens.
Q6: What is the total supply of $CRIC tokens?
Ans. The supply of $CRIC tokens is capped at 200,000,000.
Q7: What percentage of the $CRIC token can the community own?
Ans. 70% of the total $CRIC supply is allocated to community members.
Q8: Is there any cap for $CRIC tokens in public sale?
Ans. Yes, individual users can own a maximum of 500.000 $CRIC tokens in public sales.
Q9: Can you stake $CRIC tokens in CrickDAO?
Ans. Yes, users can stake their $CRIC tokens in CrickDAO for in-game incentives.
Q10: What are the different types of NFTs in CrickDAO?
Ans. CrickDAO uses several types of NFTs like Gamify NFT, Access NFT and Community NFT.
Q11: What is the function of Gamify NFTs?
Ans. Users can create their own teams and use them in CrickDAO fantasy leagues through Gamify NFTs.
Q12: What are the functions of Access NFTs?
Ans. Real-world cricketers are allocated Access NFTs. Users on CrickDAO can access these NFTs and check the stats and performance of players?
Q13: What do 10K Club NFTs do?
Ans. 10K Club NFTs earn their owners a position in the governing body of CrickDAO.
Q14: What is the operating model of CrickDAO?
Ans. The operational and governance model of CrickDAO is decentralized. No single person or entity makes the final call about anything related to CrickDAO. The community itself makes decisions and implements rules. It also follows the play-to-earn (P2E) model where players can earn money for their contributions to the platform.
Q15: Is CrickDAO a sports betting platform?
Ans. No, CrickDAO is not a sports betting platform. It is a fantasy sports platform that is legal in many jurisdictions where sports betting platforms aren’t.
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