Trophy King Derivatives (TKD)

To leverage and extract value from massive amounts of big data, a derivatives market is available that allows users to participate in various fantasy gaming contests. Event and data target markets are created by the analysts and TKD tokens are issued, representing that market. TKD is released, and users can purchase these derived tokens using TKA where they can hold or exchange on a market for a fixed period until the market is closed. After closing, participant TKD is automatically exchanged at the closing rate into the underlying asset. Trophy King derivative markets rely on a pari-mutuel system to resolve rewards up on closing.

One of our premiere derivative markets will be based upon scoring of current NBA players. Continuing the above example, involving the tokenization of two players, LeBron James and Kevin Durant. Trophy King analysts will create various market for those specific TKAs.