Mojo allows you to invest in your favorite NFL and NBA players by staking shares in them. Each player’s market price moves based on their in-game performances.
For instance, every 10 yards or 1st down that the player is a part of, the price increases by $0.01. For every touchdown or 40+ yard play, the price increases by $0.02. Things such as turnovers or sacks will lead to a decrease in the players share price.
"Mojo Value" is based on ten key statistical categories that are individually weighted: $+1.00 per 100 Points, $+0.50 per 100 Rebounds, $+0.75 per 100 Assists, $+1.25 per 100 Steals, $+1.25 per 100 Blocks, $+0.50 per 100 3-Point Shots Made, $0.25 per Plus/Minus, $-1.25 per 100 Turnovers, $-0.50 per Missed Field Goal, and $-1.00 per 100 Free Throws Missed.
Mojo uses the career stats of every NFL and NBA player to determine what a future share price might be for a player once they retire. For example, LeBron James has banked $474.66 through his statistics thus far in his career. He is projected to add another $41.75 worth of stats, which would put him at $516.41 at the end of his career. If you had a share of LeBron James on the mojo app when he retires, you will be paid out whatever the price of his stock is at when he retires.
