PAYG Options Part III - The Financial Engine
Traditional ModelIn an European option where the option holder cannot exercise their option prematurely before expiry, the option holder typically pays an option premium at t=0, and waits until maturity to determine if the option is in-the-money (ITM) or out-of-the-money (OTM). In the event the option is ITM, the option holder exercises the option and profits an amount = the difference between spot price and strike price. In the event the option is OTM, the user gets nothing in return. Becaus...
PAYG Options Part III - The Financial Engine
Traditional ModelIn an European option where the option holder cannot exercise their option prematurely before expiry, the option holder typically pays an option premium at t=0, and waits until maturity to determine if the option is in-the-money (ITM) or out-of-the-money (OTM). In the event the option is ITM, the option holder exercises the option and profits an amount = the difference between spot price and strike price. In the event the option is OTM, the user gets nothing in return. Becaus...
PAYG Options Part II - The Gamified Experience
The ChickenChicken NFTs are in-game pets that can generate profits, golden eggs, and more. They are backed by PAYG Options. There will be a limited supply of mintable chickens at the start, but this will gradually increase over time.Purchasing a ChickenUsers can purchase chickens from the Vendor, which would give users a quote and an estimation of how much food and the intervals that chickens have to be fed at. When you purchase a chicken, you are required to make a call on the future directi...
PAYG Options Part II - The Gamified Experience
The ChickenChicken NFTs are in-game pets that can generate profits, golden eggs, and more. They are backed by PAYG Options. There will be a limited supply of mintable chickens at the start, but this will gradually increase over time.Purchasing a ChickenUsers can purchase chickens from the Vendor, which would give users a quote and an estimation of how much food and the intervals that chickens have to be fed at. When you purchase a chicken, you are required to make a call on the future directi...
PAYG Options Part I - The Introduction
The missionMerging the best of NFTs, options, and tamagotchi-styled gaming. This protocol was conceptualised with the aim of bringing real sustainability to the Play-to-Earn (P2E) gaming industry, where earnings from games are backed by a stream of cash flow derived from market activities such as options trading. PokPok is a gamified options protocol whereby every stage of an option’s lifecycle is represented by an in-game action related to caring for your chicken NFTs. These actions are min...
PAYG Options Part I - The Introduction
The missionMerging the best of NFTs, options, and tamagotchi-styled gaming. This protocol was conceptualised with the aim of bringing real sustainability to the Play-to-Earn (P2E) gaming industry, where earnings from games are backed by a stream of cash flow derived from market activities such as options trading. PokPok is a gamified options protocol whereby every stage of an option’s lifecycle is represented by an in-game action related to caring for your chicken NFTs. These actions are min...
