KiX
  • GETTING STARTED
    • 👁️KiX Vision - An Introduction
    • 📣Onboarding Simplified: Wallet or No-Wallet
      • Onboarding using a Social Login
      • Onboarding using a Wallet
    • 🌠KiX Token Ecosystem
      • Buying $KIX platform token
        • Step by step buying KIX with USDT
      • Built on Ethereum & Polygon
  • THE BASICS
    • 🪙KiX Platform Token
      • On-Demand $KiX Issuance Mechanism
      • $KIX Liquidity Program
    • ⚽DAT Footballer NFTs
      • Trading DAT
        • DAT Sales Ticket
        • DAT Liquidity
        • DAT NFT Standard
        • DAT Bonding Curve
        • DAT Commissions
      • Portfolios
      • IPOing Footballers
    • 🪙Rewards
      • KiX Node Runner Program
      • KiX Rewards Contest
      • Game Groups
      • Sustainability
    • 📊Performance Scores
      • Performance Matrix
    • 💰KiX Economy
      • Economy Schematic
      • KiX Tokenomics
      • Locking $KIX
      • Fees & Commissions
  • FURTHER INFORMATION
    • Why KiX is a DAO
      • DAO Voting & Governance
    • KiX Team
    • KiX vs The Competition
      • We're a DAO
      • Trading Tokens vs Collecting NFTs
      • The Importance of Liquidity
      • Complete Ecosystem
      • KiX vs Alt Coins
    • KiX Revenue
    • Roadmap
    • FAQ
    • Glossary
    • Account Abstraction
    • KiX Constitution
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  1. THE BASICS

Performance Scores

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Last updated 3 months ago

Reliable on-pitch performance data lies at the heart of every thing we do to create our unique NFTs.

Performance scores are tracked every Game Day and recorded on the blockchain, footballers with the top three highest performance scores within each Game Group are podium placed and determine how rewards are distributed.

Our data is in 3 distinct categories:

(iii) Market Data: This data is produced by acutal trades, it is the act of market price discovery as a result of traders voting with their wallets. Market price may be higher or lower than the theoretical price based purely on historical performance - higher price anticipates better performance in the future, and a lower price anticipates a deteriorating performance.

Every time a footballer walks onto the pitch they are creating data. Real tradeable data is directly useful for traders to determine where they believe the price of the DAT will go.

* PLEASE NOTE: Under regulation KiX is not offered or promoted to UK users or residents. *

(i) 3rd Party Data: We require on pitch data from a reliable supplier. However, one of our fundamental differentiators is that we have partnered with the best in class Web3 on-chain data provider . By having our sports data supplied and validated by a blockchain driven web3 vendor, it allows KiX to stick to its decentralized ethos, there is no single point of failure in our data. We will not be victim to random changes in data overnight that can effect market sentiment, node runners will need to validate any data before it is accepted.

(ii) Our Performance Score: This is our own weighting given to the the 3rd Party Data. By using the formula on the following page, we aggregate several data points supplied to create a score from which our 3 podium winners are selected. There will also be plans to help derive a theoretical performance score using Machine Learning in the future. This ML driven score will enable traders to determine how well the footballer is performing relative to their previous appearances.

📊
GORA
Performance Matrix
KiX Performance Scores