Start Here: Glimpse Basics
This page explains Glimpse in simple words. Read it before the quiz. Everything in the quiz is on this page.
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This page explains Glimpse in simple words. Read it before the quiz. Everything in the quiz is on this page.
Bitcoin is digital money.
It is money on the internet. It is not a stock. It is not an artwork. It is money you can send and receive.
A sat (satoshi) is a small piece of Bitcoin. 100,000,000 sats = 1 Bitcoin. On Glimpse, we count everything in sats.
On Glimpse, you predict things that will happen. You use Bitcoin to do it.
Example: "Where will the Bitcoin price be tomorrow?" You choose an answer. You pay some sats for your prediction.
You do not buy stocks on Glimpse. You do not get loans on Glimpse. You only make predictions.
Bitcoin only.
You cannot use dollars. You cannot use a credit card. You deposit Bitcoin, you trade with Bitcoin, and you withdraw Bitcoin.
You win. You get 100 sats for each contract you hold.
Example:
You buy 1 contract for 40 sats.
Your prediction is right.
You get 100 sats.
Your profit is 60 sats (100 − 40 = 60).
If you hold 10 winning contracts, you get 1,000 sats (10 × 100).
You lose. The Bitcoin you paid is gone.
Example:
You buy 1 contract for 40 sats.
Your prediction is wrong.
You get 0 sats. The 40 sats are gone.
You do not get your money back. You do not get half back. This is why you should never trade with money you cannot afford to lose.
What is Bitcoin?
Digital money
What do you do on Glimpse?
Predict, using Bitcoin
What money does Glimpse use?
Bitcoin only
If you are right?
You win 100 sats per contract
If you are wrong?
You lose the sats you paid
Remember one rule: Right = 100 sats per contract. Wrong = 0 sats.
You are ready for the quiz. Good luck!
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