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SquareUp White Paper
  • Introduction
    • SquareUp!
    • What is SquareUp?
    • Value Proposition
    • Business Model
  • SquareUp the Product
    • Product
    • Contests
      • Mint Phase
      • Game Phase
      • Tiebreaking
      • Prize Withdrawals
    • Entry fees
    • Contest Calendar
    • Example Contest
      • Bob, Jack, and Adam
      • The Contest Details
      • Sunday Timeline
    • Features and Functions
      • Contest Mint Page
      • Leaderboard
      • Native Marketplace
      • Activity Feed
      • Score Data
      • Chainlink Verifiable Randomness (VRF)
      • Prize Structure
      • Prize Withdrawal Page
  • Summary
    • SquareUp Vision
    • Legal Information
    • FAQ
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  1. SquareUp the Product
  2. Contests

Mint Phase

Users pay an entry fee to mint a scorecard prior to the first game of the contest. During this period, they will receive an NFT representing entry into that particular contest and not know their teams (pre-reveal). Each ticket will later receive a randomized combination of sports teams.

Once the first game starts or at a pre-defined time shared prior to the minting phase, minting will cease and SquareUp Labs will modify the metadata of each token minted based on the VRF selected teams assigned to each, thus swapping images for each token.

The new metadata will reveal which teams were randomly assigned to each token - called the “team reveal.”

The team reveal’s purpose is to ensure users are randomly assigned teams using Chainlink's VRF. Thus, attackers cannot exploit our smart contract into determining which tokens will receive what teams.

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Last updated 2 years ago