How $SPOT works
Every hour, the first 10 people to reach any spot on the globe split the pot. It costs nothing to enter, but you need to hold some $SPOT.
- 1
Trading fills the pot
Every $SPOT trade pays a fee. 60% goes to the round pot, 10% to the world-wonder jackpots and 30% to the treasury. The pot is held in a public contract, and the number on the globe goes up as fees arrive.
- 2
Rounds last an hour
About 20,000 spots are live at once, in cities and towns all over the world. The pot for a round is everything paid in since the last payout.
- 3
Get to a spot
Get within 35 m of any spot and stay for 60 seconds while the site checks your location. Then take a photo showing the code on your screen. Your rank appears as soon as you finish.
- 4
Ten claims end the round
When 10 different people have claimed, the round ends and they split the pot in order of arrival. If the hour runs out first, the people who claimed are paid their shares and the unclaimed shares go to the treasury.
- 5
Claims are checked
Each claim is checked for impossible travel, location mismatches, repeat devices, reused photos and too many claims. Clear claims pass automatically and borderline ones go to a person. Nothing is paid until a claim is final.
- 6
Get paid in USDC
Final results are posted to the contract on Arc. The shares are 25, 18, 13, 10, 8, 7, 6, 5, 4 and 4 percent, and winnings go straight to your wallet. There is nothing to claim.
- 7
Then it starts again
Each round is followed by a 30-minute break while fees build the next pot. Every spot that paid out moves 2 to 5 km in a random direction, so nobody can wait at the same place.
Cheating
GPS in a browser can be faked. The checks above make faking slow and easy to catch, and a rank is only paid once the claim is final. When the mobile app ships it will verify the phone itself, and claiming from the browser may be limited if cheating becomes a problem.
Safety and rules
- Spots are public, outdoor and free to access, at least 50 m from schools, hospitals, police, railways and motorways.
- Never claim while driving. Claims moving faster than 30 km/h are blocked.
- You play at your own risk. No trespassing, climbing or swimming. Respect the place and the people there.
- Hold at least the minimum $SPOT when you claim and when results are final. Each wallet and each device can be paid once per spot.
- Location data is deleted after 90 days, and photos 30 days after the round is paid. You can delete your account at any time.