Markets

1. Evidence sets the reference

Every athlete starts at 100 credits, with the same scripted CQ baseline and a commercial index of 50. Actual CQ assessments remain pending.

Reference = max(20, 100 + 1.2 × (demo CQ − baseline demo CQ) + 0.4 × (commercial index − 50))

The commercial index is a separate, illustrative 0–100 scale. Both price coefficients are provisional demonstration assumptions.

2. Orders move the quote

The reference rises by 0.02 credits per outstanding unit to calculate the displayed mid-price. A purchase moves up this curve; a sale moves down it. Execution uses the average price along the curve for your entire order.

3. The spread has a cost

Buy cost = curve average × units × 1.005. Sell proceeds = curve average × units × 0.995. Buy totals round up to 0.01 credit; sells round down. There are no additional fees. A same-size immediate round trip loses the spread.

4. Liquidity is simulated

A local dealer supplies up to 1,000 units per athlete. Orders are 1–100 whole units; holdings are capped at 500 per athlete. No short selling, leverage or external order book. No other users, fabricated volume or simulated traders are shown.

Virtual units only

A unit is a practice position in this demonstration. It confers no ownership of an athlete, endorsement, rights, earnings claim or redemption value. No deposits, withdrawals or cash prizes.

Portfolio accounting

Start with 10,000 credits. Cost basis uses weighted average purchase cost including spread. A partial sale releases its proportional basis; the final sale releases the remainder. Realized result = sale proceeds − released basis.

Holdings are valued at the proceeds from selling the entire position down the current curve, including spread. This valuation can span multiple 100-unit orders. Unrealized result = liquidation value − remaining cost basis. Total equity = cash + liquidation value.

No guaranteed return

Higher CQ does not guarantee a profitable trade. Entry price, order impact, commercial changes and the spread also matter. Orders cannot change the CQ score.

Evidence quality stays visible

The existing event-balanced CQ engine uses the site's eight v1.1 weights. It averages reviewer ratings within events and stabilizes each dimension toward 50 with two prior events. All demo reviewer records are synthetic. No statistical confidence or predictive validation is claimed.

Local records and Sepolia audit

Trade execution and balances currently run on your device. The audit screen can export a verifiable digest. Open Activity & audit to check the configured Sepolia connection and each recording’s status. A finalized receipt records an audit digest; it does not turn local trades into blockchain settlement.