FAQ
Free ladders and tournaments worldwide. Optional paid play uses nibs (1 nib ≈ $1 of platform credit), bought with PayPal, locked in escrow until results are final. Platform fees show before you commit. Eligible winnings can be withdrawn in eligible US states and Canada. Purchased Nibs and promo credits are play-only. Nerkco connects competitive gamers with ranked team ladders, online tournament brackets, clan recruitment, verified match history, and live leaderboards across supported multiplayer titles. Nerkco connects competitive gamers with ranked team ladders, online tournament brackets, clan recruitment, verified match history, and live leaderboards across supported multiplayer titles.
What is Nerkco?
Nerkco is a competitive gaming platform where players and organizations compete in ladders, matchmaking, and tournaments — free or for real stakes. Stakes lock in escrow until a match is final, and winners get paid through the wallet.
How does payment work?
Nerkco uses prepaid credits called nibs (1 nib ≈ $1 of platform credit). Buy packs with PayPal and spend them on paid matches or tournament entry. Purchased Nibs and promo bonuses are for play only and cannot be withdrawn. Winning with purchased stakes can create eligible winnings, which you can withdraw after verification.
What are nibs?
Nibs are prepaid platform credits — not cash in a bank account. Use them for eligible paid matches and tournaments. Available to play can include purchased, promo, and earned value. Available to withdraw shows only eligible winnings and organizer fees — not every balance on Nerkco.
What does “locked in escrow” mean?
When you post or accept a paid match (or pay certain entry fees), your stake is reserved until the match finishes, cancels cleanly, or is released under platform rules. Locked nibs cannot be spent or withdrawn until released.
How do I buy nibs?
Open Wallet in settings, pick a pack, and complete PayPal checkout. Balance updates when payment confirms. Agree to the Nibs Wallet Terms and site Terms before purchasing.
How do withdrawals / cash-outs work?
Add your PayPal email in Wallet, complete identity verification, then withdraw available-to-withdraw nibs (eligible winnings and organizer fees). Purchased Nibs and promo nibs cannot be withdrawn. Payouts are sent via PayPal — not a connected bank account. Minimums and fees may apply.
When do I need identity verification (KYC)?
Identity verification is required to cash out eligible winnings. You do not need it to browse, compete in free events, or buy play-only Nibs. Start verification from Wallet when you have funds ready to withdraw.
Do I need a W-9 or tax form?
If you are a US person and receive reportable prize amounts, Nerkco may ask you to submit Form W-9 in Wallet before further withdrawals. Reportable prizes are issued on IRS information returns when amounts qualify. You are responsible for your own tax filings. The form only appears when it is required for your account.
Are there free tournaments?
Yes. Events can be free entry or paid. Paid platform events use your Nerkco wallet (nibs). Add funds with PayPal once, then join with your balance. Always confirm the fee on the event page before you register.
How do cash / stake matches work?
When cash play is enabled for your region, choose a stake. Both sides lock nibs in escrow. When the result is final, the winner receives the payout minus any platform fee shown before you commit.
How do I start / host a tournament?
Go to Tournaments → Host a tournament. Choose online or in person, set format and schedule, pick free or paid entry, then publish. For paid platform events you add a PayPal email in Wallet for prize payouts before going live. Walk through the wizard — it is a few short steps.
How do tournaments work?
Browse Tournaments, open an event, and register before check-in closes. You get seeded into a bracket, play each round, and advance until a champion is decided. Rules, roster size, and prizes are listed on that event.