🏀March Chadness
What is March Chadness?
March Chadness is the on-chain version of the biggest bracket challenge in the world, inspired by March Madness. Built on Sei Network, March Chadness brings transparency, dynamic tickets (created as NFTs), and a secondary market to the traditional bracket game, making it more exciting and accessible for everyone.
How It Works
• Brackets open on March 16 – After the official NCAA team selection, users can start submitting their full tournament brackets.
• Submission closes on March 20 – Once the First Round begins, no more brackets can be submitted.
• Each bracket is represented by a dynamic ticket – The ticket is a NFT (digital asset) that updates after each round to reflect the number of correct picks.
• Points-based system – Winners are determined by points, not just correct picks. Later rounds hold more value - check out the table below.
• Live leaderboard – Users can track top-performing brackets throughout the tournament.
• Secondary market – After the submission window closes, brackets (digital assets, or NFTs) can be traded on Magic Eden.
Entry & Prize Pool
• Entry Fee: $20 USDC per bracket (max 10 brackets per account).
• Prize Distribution:
75% of total entry fees go to the winner ticket - multiple winners share the prize.
5% of the pool is redistributed as a cashback incentive to top brackets.
10% is dedicated for our referral program
10% is the protocol fee
• Claiming Prizes: Winners can claim their prizes once the tournament concludes, following the official NCAA schedule.
Scoring System
Each correct pick earns points, with later rounds carrying more weight.
First Round
10
Second Round
20
Sweet 16
40
Elite Eight
80
Final Four (Semifinals)
160
Championship Game
320
Why Onchain?
March Chadness leverages blockchain technology to enhance fairness, security, and user experience:
• 🔍 Transparency – Every pick, score, and payout is verifiable on-chain.
• 🎟️ Dynamic NFTs – Brackets evolve as the tournament progresses, adding an exciting layer of engagement.
• 💸 Tradable Assets – Players can buy and sell brackets on Magic Eden after the submission period closes.
• ⚡ Automated Payouts – No delays, no intermediaries—prizes are automatically distributed via smart contracts.
Get Ready to Play!
March Chadness isn’t just another bracket challenge—it’s the future of bracket games, powered by blockchain.
• Mark your calendar: March 16 – Brackets open!
• Predict, play, trade, and win!
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