Carlos Vera: Ok guys, we’re going to have an AMA with @JoseVera, the Project lead for $LUDUS! this one is actually made mostly by nerds, and we’re very excited to finally be able to show what we’ve been working on for a few years now
Jose Vera: hi nerds
Carlos Vera: How are you today @JoseVera?
Jose Vera: feeling really good, just coming out of my covid isolation
Carlos Vera: Finally got you haha do you remember how you came up with ludus in the first place? (its a long story)
Jose Vera: lol yeah its a long story, to short it out I was sick in boston about two years ago, and went to @unclefomo’s house in nyc to get better. after discussing how much we wanted to play tennis outside of our country (ecuador) we started looking for the best matchmaking platforms for the sport but they were all ok, and pretty boring. After those couple of weeks I decided to start looking a way around the matchmaking part, and have been working/growing the project ever since. I have, sports have been part of my life since I can remember. I lived in IMG Academy for two years when I was 14, practicing tennis and traveling a lot as a junior. I continued to play all the way to college
Carlos Vera: for a little context, this was before we were involved in blockchain. At first it was a traditional app monetized through ad space.
Jose Vera: yeah waay before blockchain, feels like it was another world before it
Carlos Vera: In all those years competing you must have seen how the business side of sports work right? how did you feel about that
Jose Vera: yes everywhere I went to, I saw how these centralized organizations and federations will make so much profit for themselves just for barely organizing a tournament then I started looking outside of tennis, when the project started, every sport has a federation that centralizes all the capital and keeps most of the profits, while having athletes and coaches underpaid, and having fans pay extra to watch the match
Carlos Vera: Right, and then we started to try and descentralize everything haha How do you think blockchain can help this problem specifically?
Jose Vera: yeah so then blockchain came around, I believe that through blockchain we can give the value back to the athletes, as it should be.
Carlos Vera: How do you accomplish this?
Jose Vera: That’s a great question, so the app right now uses a ELO rating formula to rank the players into the Ludus League of each sport. We could reward users every time their ELO rating is affected with Ludus Income tokens Also through tournaments, and just every type of competitive activity we can record and use as data
Carlos Vera: If you think about it, a sports league is just a ledger controlled by a centralized entity matches could be thought of as transactions
Jose Vera: sure, just reward the users for their transactions (matches), relative to their adversary ranking as well
Carlos Vera: Exactly! Now to solve this puzzle you also have to know the matches are real and the results are correct. how do you manage this
Jose Vera: right, so that’s why I am trying to nail down competitive matches, for each competitive match there must be a referee (or validator), now we get into the fun part, the nodes. So the idea for there to be a validator in each match is that there are a lot of coaches in sports, like a lot. So the idea is that there is a node for each city, and the node is run by validators, all of them have a certain stake by validating the inputs of score matches, the more matches a coach validates, the more income they get, and if they fail to validate a match, meaning fail to make both players hit the check button on the score, the validators loses his stake
Carlos Vera: I can break this part a bit since I designed this system myself haha so to solve trust in a match we are basically doing a PoS validator network, not unlike PNK kleros solution for descentralize settlement
Jose Vera: sure, also ataxia (carlos) is the CTO.
Carlos Vera: The idea is that a group of people can run a node and validate matches as long as their results dont get disputed. if they reach a threshold of disputes the node gets slashed I’ve been actually leaning to running this as its own PoS chain on something like Kusama in a system like that our NFT offering can also be used as PoS in the system, retaining their value this network would be a ledger of all sports, where people can start playing anywhere in the world and rank up and get paid mroe as they gain on the ladder. the idea is that they could self fund their entire sporting carreer with ludus events Also, we can issue NFTs for the matches by anyone watching as extra validation sources + income for everyone involved so you record someone on the field and sell the replay on the platform
Jose Vera: so for extra features, we also are adding: a market place, a betting house, a Ludus Pass, among others
Carlos Vera: So lets talk about the initial distribution of the ludus token now that i mentioned the NFTs would you mind also, linking any materials you’ve got?
Jose Vera: There will be three tiers available for investors to buy at different price ranges. These tokens can be staked for the initial distribution of Ludus tokens at playludus.io on the 2nd Sunday of March. —
Ludus Genesis 001 There will be 3 available tokens for sale at a price of 100 ETH. Click the link below to buy. https://app.rarible.com/token/0xd07dc4262bcdbf85190c01c996b4c06a461d2430:181 087:0x6673f7942a31517b18cf4627389870b5d8c17e72 —
Ludus Genesis 002 There will be 300 available tokens for sale at a price of 1 ETH. Click the link below to buy. https://app.rarible.com/token/0xd07dc4262bcdbf85190c01c996b4c06a461d2430:181 123:0x6673f7942a31517b18cf4627389870b5d8c17e72 —
Ludus Genesis 003 There will be 1,200 available tokens for sale at a price of 0.25 ETH. Click the link below to buy. https://app.rarible.com/token/0xd07dc4262bcdbf85190c01c996b4c06a461d2430:181 077:0x6673f7942a31517b18cf4627389870b5d8c17e72
This token can be staked for the initial distribution of Ludus tokens at playludus.io
Carlos Vera: So the genesis 001 could end up being bought by big federations wanting to join in ludus
Jose Vera: yeah so, we made 1000 nfts, that are distributed 900 to the sale, 50 to the initial investors, 50 and to the team
Carlos Vera: Would you be up for the nerds to auction one of the 001s? we can talk in private about it
Jose Vera: sure, always talk to the nerds, then the Ludus tokens will be distributed in two pools, the first pool of NFT’s will have 11,000 tokens and the second pool, the Ludus pool, will have the rest 22,000 tokens, with a total of 33,000 $Ludus tokens
Carlos Vera: Ok, so how do you get the tokens from the ludus pool
Jose Vera: With the LP tokens of Ludus/ETH pair maybe other pairs too @cto
Carlos Vera: nah, i like my eth pairs, perhaps we can try multiple dexes
Jose Vera: sounds fun
Carlos Vera: Ok so the raised funds will do what? other than getting you to drop out of college hahaha
Jose Vera: They will go directly go into the development of Ludus, first finish the pools, then add the wallet to the app and make it work with Ludus Income and the League/tournaments, create the nodes, add extra features and then massive marketing, loll shh…
Carlos Vera: We have gone through the development itinerary and i think its going to be one of those massive adoption type of apps. I’m really happy with our progress to get to this stage Do you have any other thoughts?
Jose Vera: I really like this project and work really hard for it because I truly believe we can help people, giving value back to the people that produce it (athletes and coaches) means a lot to me, by doing this I believe we can make big changes in the world, for a better future
Carlos Vera: Thats awesome. I do think so too.
Jose Vera: sure! thanks for the questions @Ataxia1 !
