đPrediction Market
A prediction market is a type of exchange where individuals can make predictions about future events, such as the fluctuation of asset prices, and receive rewards based on the accuracy of their predictions. In this setup, participants utilize their knowledge or speculation to forecast outcomes within a defined timeframe.
For instance, consider a scenario where a user predicts the price of Bitcoin will rise within the next 30 seconds. If the prediction aligns with the market movement, the user receives a return of 80% on top of their initial prediction stake. This model encourages informed forecasting and market analysis, allowing participants to engage with financial movements in a structured and reward-based environment.
Deriblast support prediction markets on the price of BTCUSD with duration as short as 15 seconds, users will be able to forecast the market using any kind of tokens.
Last updated