1614218212
Polkamarkets is a DeFi-Powered Prediction Market built for cross-chain information exchange and trading where users take positions on outcomes of real world events–in a decentralized and interoperable platform based on Polkadot.
Introduction
At the intersection of DeFi and information exchange lies the Prediction Market: an area where traders can leverage their knowledge of the past, present and future to forecast specific, real world outcomes. The ability to profit off of information exchange and modeling has formed the basis for much of modern capital markets. With the rise of DeFi, traders are finding yield through decentralised exchange, lending, farming and providing liquidity for others to use. No current player in the market combines DeFi with prediction markets, until now.
The Problem
Currently, existing prediction markets suffer from key problems such as lack of liquidity & markets, lack of traders, and duplicate or confusing markets. Total prediction market volume averaged less than $1M USD per day in 2020 and even less in years prior. With such low volumes, it is impossible for traders to adequately hedge against future outcomes or take any sizable positions. With low volumes comes low liquidity and therefore low fees for platform providers due to the lack of active traders. A death spiral ensues as we have seen with existing prediction markets with virtually no users or daily volume.
It’s useful to point out that prediction markets in their current form offer little to no incentive for daily active use, nor entertainment value. People value their time and focused attention, and if there is no incentive to either earn money or be entertained, most people are not interested. Key markets such as sports, Esports, and daily crypto price prediction markets are notably missing from existing prediction markets. The vast majority of markets available are “long tail markets’’ with resolution (and payouts of winnings and fees) weeks, months or even years in the future. This does not incentivise daily active user volume, which is the life-blood of any online business.
On top of all of this, current prediction markets suffer from a total lack of curation where duplicate markets, confusing & disorganised markets, and illegal markets (such as assassination markets) are allowed to proliferate.
The Solution
Polkamarkets Platform Homepage and Overview
Polkamarkets aims to solve the low usage & volume problems by incentivising liquidity providers and traders to facilitate & take large positions, while a system for curation and resolution ensures efficient and trustworthy markets. The platform will also leverage tried and tested DeFi incentives such as liquidity mining and yield farming to incentivise daily active use.
As an “Entertainment DeFi Platform’’, Polkamarkets will offer Sports and Esports daily markets with live feeds of events alongside forecasting. Users will be able to watch their favorite teams play while making live, in-play forecasts about the game’s outcome. Live odds and automated market makers will dynamically adjust odds based on users’ forecasts on the markets. As users trade outcome fractions, they will mine $POLK tokens that they can later use to open their own prediction markets on Polkamarkets.
Daily crypto price markets & Over/Unders will also be available, with integrated real-time price feeds and charts for traders and professional trading desks to hedge the market.
On Politics and Information markets, our News Aggregator function will allow press and other media outlets to add links to news articles supporting either side of the trade. This way forecasters can make informed decisions about their trades, and researchers can become more informed about the likelihood of a contentious real world event actually happening or not.
Liquidity Providers on Polkamarkets will mine $POLK for providing liquidity, and additionally earn the trading fees generated by the platform. This way we are aligning incentives for both forecasters and LPs to come to Polkamarkets to make forecasts, provide liquidity, and earn rewards.
We believe we are on the cusp of prediction market mass adoption. The ability to make forecasts about an uncertain future, hedge your positions in the financial markets, and genuinely peer beyond the horizon of time to the best of our collective ability has never been more important. In this world where anything is possible, seeing the future will become more and more valuable with each forecast and trade on Polkamarkets.
In the early days of decentralised exchange, we saw platforms like EtherDelta struggle to serve their users in a burgeoning new market. We are seeing the exact same pattern play out with decentralised prediction markets. Current platforms are struggling and current users are underserved. It’s time to forecast a better future. It’s time for Polkamarkets.
Forecast & Earn
With Polkamarkets, users can take positions in Esports, Crypto Futures, Sports, Politics and other market types. Polkamarkets is a financial & informational marketplace where you can Tokenize your knowledge and earn from forecasting. Users can monetise their forecasts of future outcomes and events within an interoperable and decentralized infrastructure, where your beliefs become assets with financial value traded openly on the market. In return for adding their forecasts to the collective knowledge of the future, users will mine $POLK every time they take positions on Polkamarkets.
Buy & Sell fractions of event outcomes, or even create your own events where people can take their own positions. $POLK is required to create markets on Polkamarkets, as one of its key utilities and use-cases.
Markets Overview: Buy & Sell fractions of event outcomes
With Polkamarkets, we are building the future of prediction markets in a decentralized and interoperable environment leveraging the power of DeFi and Polkadot. In the next few weeks, we’ll be releasing more articles on the $POLK token utility, roadmap, and future token sale. We’d like to thank our early supporters for their interest and feedback.
What is Polkmarkets?
Polkamarkets is a DeFi-Powered Prediction Market built for cross-chain information exchange and trading where users take positions on outcomes of real world events–in a decentralized and interoperable platform based on Polkadot.
Forecasting and providing liquidity to Polkamarkets will earn users** $POLK**, the platform’s native utility tokens. By joining the power of DeFi and liquidity incentives to prediction markets, Polkamarkets aims to be the premiere forecasting tool on blockchain.
The future is in the forecast. The future is Polkamarkets.
What are Polkamarkets use cases?
Polkamarkets is an open and decentralised prediction markets platform where traders can gather and exchange information. This information is tokenised as shares of specific outcomes in a variety of genres and timelines: from Sports and Esports, to crypto prices, politics and long-tail events resolving in the distant future.
Users can become liquidity providers to Polkamarkets and earn trading fees in liquid cryptocurrencies and additionally mine $POLK.
The Polkamarkets platform will allow users to make forecasts, monetise information advantages, hedge against the future, and earn fees by providing liquidity and trading.
How is Polkamarkets different from existing prediction markets?
Existing prediction market volume averaged less than $1M per day in 2020, and even less in years prior. Primary reasons for this are: No entertainment value due to lack of Esports/Sports and live feeds; No daily crypto markets; very long resolution times and no DeFi incentives for daily active usage.
The result of all these flaws is that very low volume on these prediction markets made it impossible to take any sizeable positions. Polkamarkets solves these issues by building in incentives for traders to forecast and LPs to provide liquidity.
As an entertainment DeFi platform, Polkamarkets will build in Esports and Sports markets with live feeds, crypto price charts and use NFTs and in-platform communities to drive adoption.
Our news aggregator tool will provide valuable context to Politics and Information markets to help users make informed trades, while engaging with external media outlets.
Who can use Polkamarkets?
Users on Ethereum and Polkadot will be able to join the platform, make forecasts, and provide liquidity. As an open and inclusive forecasting tool built on decentralised blockchain systems, Polkamarkets can be accessed by anyone in the world wanting to know more about the future.
We believe that the more minds making forecasts on Polkamarkets, the deeper and more accurately we can see into the beyond.
What is Polkamarkets token ($POLK) utility?
Polkamarkets utility token is used for mining, liquidity providing, fees collection and yield farming.
100M: Total Supply
$672k: Initial Market Cap
$715k: Total Raise
$200k: Initial Uniswap Liquidity
Looking for more information…
☞ Website ☞ Explorer ☞ Explorer 2 ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Message Board ☞ Coinmarketcap
Would you like to earn POLK right now! ☞ [CLICK HERE](https://www.binance.com/en/register?ref=28551372 “CLICK HERE”)
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ Binance ☞ Bittrex ☞ Poloniex ☞ Bitfinex ☞ Huobi ☞ MXC
Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!
#blockchain #bitcoin #crypto #polkamarkets #polk
1614218212
Polkamarkets is a DeFi-Powered Prediction Market built for cross-chain information exchange and trading where users take positions on outcomes of real world events–in a decentralized and interoperable platform based on Polkadot.
Introduction
At the intersection of DeFi and information exchange lies the Prediction Market: an area where traders can leverage their knowledge of the past, present and future to forecast specific, real world outcomes. The ability to profit off of information exchange and modeling has formed the basis for much of modern capital markets. With the rise of DeFi, traders are finding yield through decentralised exchange, lending, farming and providing liquidity for others to use. No current player in the market combines DeFi with prediction markets, until now.
The Problem
Currently, existing prediction markets suffer from key problems such as lack of liquidity & markets, lack of traders, and duplicate or confusing markets. Total prediction market volume averaged less than $1M USD per day in 2020 and even less in years prior. With such low volumes, it is impossible for traders to adequately hedge against future outcomes or take any sizable positions. With low volumes comes low liquidity and therefore low fees for platform providers due to the lack of active traders. A death spiral ensues as we have seen with existing prediction markets with virtually no users or daily volume.
It’s useful to point out that prediction markets in their current form offer little to no incentive for daily active use, nor entertainment value. People value their time and focused attention, and if there is no incentive to either earn money or be entertained, most people are not interested. Key markets such as sports, Esports, and daily crypto price prediction markets are notably missing from existing prediction markets. The vast majority of markets available are “long tail markets’’ with resolution (and payouts of winnings and fees) weeks, months or even years in the future. This does not incentivise daily active user volume, which is the life-blood of any online business.
On top of all of this, current prediction markets suffer from a total lack of curation where duplicate markets, confusing & disorganised markets, and illegal markets (such as assassination markets) are allowed to proliferate.
The Solution
Polkamarkets Platform Homepage and Overview
Polkamarkets aims to solve the low usage & volume problems by incentivising liquidity providers and traders to facilitate & take large positions, while a system for curation and resolution ensures efficient and trustworthy markets. The platform will also leverage tried and tested DeFi incentives such as liquidity mining and yield farming to incentivise daily active use.
As an “Entertainment DeFi Platform’’, Polkamarkets will offer Sports and Esports daily markets with live feeds of events alongside forecasting. Users will be able to watch their favorite teams play while making live, in-play forecasts about the game’s outcome. Live odds and automated market makers will dynamically adjust odds based on users’ forecasts on the markets. As users trade outcome fractions, they will mine $POLK tokens that they can later use to open their own prediction markets on Polkamarkets.
Daily crypto price markets & Over/Unders will also be available, with integrated real-time price feeds and charts for traders and professional trading desks to hedge the market.
On Politics and Information markets, our News Aggregator function will allow press and other media outlets to add links to news articles supporting either side of the trade. This way forecasters can make informed decisions about their trades, and researchers can become more informed about the likelihood of a contentious real world event actually happening or not.
Liquidity Providers on Polkamarkets will mine $POLK for providing liquidity, and additionally earn the trading fees generated by the platform. This way we are aligning incentives for both forecasters and LPs to come to Polkamarkets to make forecasts, provide liquidity, and earn rewards.
We believe we are on the cusp of prediction market mass adoption. The ability to make forecasts about an uncertain future, hedge your positions in the financial markets, and genuinely peer beyond the horizon of time to the best of our collective ability has never been more important. In this world where anything is possible, seeing the future will become more and more valuable with each forecast and trade on Polkamarkets.
In the early days of decentralised exchange, we saw platforms like EtherDelta struggle to serve their users in a burgeoning new market. We are seeing the exact same pattern play out with decentralised prediction markets. Current platforms are struggling and current users are underserved. It’s time to forecast a better future. It’s time for Polkamarkets.
Forecast & Earn
With Polkamarkets, users can take positions in Esports, Crypto Futures, Sports, Politics and other market types. Polkamarkets is a financial & informational marketplace where you can Tokenize your knowledge and earn from forecasting. Users can monetise their forecasts of future outcomes and events within an interoperable and decentralized infrastructure, where your beliefs become assets with financial value traded openly on the market. In return for adding their forecasts to the collective knowledge of the future, users will mine $POLK every time they take positions on Polkamarkets.
Buy & Sell fractions of event outcomes, or even create your own events where people can take their own positions. $POLK is required to create markets on Polkamarkets, as one of its key utilities and use-cases.
Markets Overview: Buy & Sell fractions of event outcomes
With Polkamarkets, we are building the future of prediction markets in a decentralized and interoperable environment leveraging the power of DeFi and Polkadot. In the next few weeks, we’ll be releasing more articles on the $POLK token utility, roadmap, and future token sale. We’d like to thank our early supporters for their interest and feedback.
What is Polkmarkets?
Polkamarkets is a DeFi-Powered Prediction Market built for cross-chain information exchange and trading where users take positions on outcomes of real world events–in a decentralized and interoperable platform based on Polkadot.
Forecasting and providing liquidity to Polkamarkets will earn users** $POLK**, the platform’s native utility tokens. By joining the power of DeFi and liquidity incentives to prediction markets, Polkamarkets aims to be the premiere forecasting tool on blockchain.
The future is in the forecast. The future is Polkamarkets.
What are Polkamarkets use cases?
Polkamarkets is an open and decentralised prediction markets platform where traders can gather and exchange information. This information is tokenised as shares of specific outcomes in a variety of genres and timelines: from Sports and Esports, to crypto prices, politics and long-tail events resolving in the distant future.
Users can become liquidity providers to Polkamarkets and earn trading fees in liquid cryptocurrencies and additionally mine $POLK.
The Polkamarkets platform will allow users to make forecasts, monetise information advantages, hedge against the future, and earn fees by providing liquidity and trading.
How is Polkamarkets different from existing prediction markets?
Existing prediction market volume averaged less than $1M per day in 2020, and even less in years prior. Primary reasons for this are: No entertainment value due to lack of Esports/Sports and live feeds; No daily crypto markets; very long resolution times and no DeFi incentives for daily active usage.
The result of all these flaws is that very low volume on these prediction markets made it impossible to take any sizeable positions. Polkamarkets solves these issues by building in incentives for traders to forecast and LPs to provide liquidity.
As an entertainment DeFi platform, Polkamarkets will build in Esports and Sports markets with live feeds, crypto price charts and use NFTs and in-platform communities to drive adoption.
Our news aggregator tool will provide valuable context to Politics and Information markets to help users make informed trades, while engaging with external media outlets.
Who can use Polkamarkets?
Users on Ethereum and Polkadot will be able to join the platform, make forecasts, and provide liquidity. As an open and inclusive forecasting tool built on decentralised blockchain systems, Polkamarkets can be accessed by anyone in the world wanting to know more about the future.
We believe that the more minds making forecasts on Polkamarkets, the deeper and more accurately we can see into the beyond.
What is Polkamarkets token ($POLK) utility?
Polkamarkets utility token is used for mining, liquidity providing, fees collection and yield farming.
100M: Total Supply
$672k: Initial Market Cap
$715k: Total Raise
$200k: Initial Uniswap Liquidity
Looking for more information…
☞ Website ☞ Explorer ☞ Explorer 2 ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Message Board ☞ Coinmarketcap
Would you like to earn POLK right now! ☞ [CLICK HERE](https://www.binance.com/en/register?ref=28551372 “CLICK HERE”)
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ Binance ☞ Bittrex ☞ Poloniex ☞ Bitfinex ☞ Huobi ☞ MXC
Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!
#blockchain #bitcoin #crypto #polkamarkets #polk
1622197808
SafeMoon is a decentralized finance (DeFi) token. This token consists of RFI tokenomics and auto-liquidity generating protocol. A DeFi token like SafeMoon has reached the mainstream standards under the Binance Smart Chain. Its success and popularity have been immense, thus, making the majority of the business firms adopt this style of cryptocurrency as an alternative.
A DeFi token like SafeMoon is almost similar to the other crypto-token, but the only difference being that it charges a 10% transaction fee from the users who sell their tokens, in which 5% of the fee is distributed to the remaining SafeMoon owners. This feature rewards the owners for holding onto their tokens.
Read More @ https://bit.ly/3oFbJoJ
#create a defi token like safemoon #defi token like safemoon #safemoon token #safemoon token clone #defi token
1621844791
The SafeMoon Token Clone Development is the new trendsetter in the digital world that brought significant changes to benefit the growth of investors’ business in a short period. The SafeMoon token clone is the most widely discussed topic among global users for its value soaring high in the marketplace. The SafeMoon token development is a combination of RFI tokenomics and the auto-liquidity generating process. The SafeMoon token is a replica of decentralized finance (DeFi) tokens that are highly scalable and implemented with tamper-proof security.
The SafeMoon tokens execute efficient functionalities like RFI Static Rewards, Automated Liquidity Provisions, and Automatic Token Burns. The SafeMoon token is considered the most advanced stable coin in the crypto market. It gained global audience attention for managing the stability of asset value without any fluctuations in the marketplace. The SafeMoon token clone is completely decentralized that eliminates the need for intermediaries and benefits the users with less transaction fee and wait time to overtake the traditional banking process.
The SafeMoon Token Clone Development is a promising future for upcoming investors and startups to increase their business revenue in less time. The SafeMoon token clone has great demand in the real world among millions of users for its value in the market. Investors can contact leading Infinite Block Tech to gain proper assistance in developing a world-class SafeMoon token clone that increases the business growth in less time.
#safemoon token #safemoon token clone #safemoon token clone development #defi token
1624230000
How to Buy FEG Token - The EASIEST Method 2021
In today’s video, I will be showing you guys how to buy the FEG token/coin using Trust Wallet and Pancakeswap. This will work for both iOS and Android devices!
📺 The video in this post was made by More LimSanity
The origin of the article: https://www.youtube.com/watch?v=LAVwpiEN6bg
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
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#bitcoin #blockchain #feg token #token #how to buy feg token #how to buy feg token - the easiest method 2021
1623836330
“The DeFi token development like SafeMoon was initially launched in March 2021 and created huge hype among global users. It is noted that more than 2 million holders have adopted this SafeMoon token in recent times after its launch in the market. The DeFi token like SafeMoon has hit the market cap for about $2.5 billion. This digital currency has experienced a steady increase in its price value to top the crypto list in the trade market. The future of cryptocurrency is expanding wide opportunities for upcoming investors and startups to make their investments worthy.”
The SafeMoon like token development is becoming more popular in the real world, making investors go crazy over these digital currencies since their value is soaring high in the marketplace. The DeFi like SafeMoon token has grabbed users attention in less time when compared to other crypto tokens in the market. The SafeMoon like token exists on the blockchain for the long run and does not rely on any intermediaries like financial institutions or exchanges. It has a peer-to-peer (P2P) network that benefits global users from experiencing fast and secure transactions.
SafeMoon is considered a decentralized finance (DeFi) token with great demand and value in the crypto market. It is mainly known for its functionalities like Reflection, LP Acquisition and burning. The DeFi token like SafeMoon functions exactly like tokenomics of the reflected finance, and it is operated through the Binance Smart Chain framework. It is a combination of liquidity generating protocol and RFI tokenomics in the blockchain platform. The launch of the SafeMoon token eliminates the need for central authority like banks or governments to benefit the users with secure processing at high speed without any interruption.
The SafeMoon tokenomics describes the economic status of the crypto tokens and has a more sound monetary policy than other competitors in the market. However, it is figured that investment towards DeFi like SafeMoon tokens has a higher potential for returns to benefit the investors in future and the risk associated with it is less. The total supply of SafeMoon tokens is estimated at 1,000,000,000,000,000, and 600,000,000,000 of these tokens are still in circulation. Burned Dev tokens supply is calculated as 223,000,000,000,000, and the shorthand is 223 Trillion. The Fair launch supply is closed around 777,000,000,000,000, and it is circulated for about 777 Trillion.
The SafeMoon like DeFi token development is currently the fast-moving cryptos and struck the market cap for about $2,965,367,638. The SafeMoon token price value is found to be $0.000005065 that lured a wide range of audience attention in a short period. The total supply of tokens in the present is one quadrillion tokens.
The SafeMoon Protocol is considered as community-driven DeFi token that focuses on reflection, LP acquisition, and burn in each trade where the transaction is taxed into 5% fee redistributed to all existing holders, 5% fee is split into 50/50 where the half is sold by the contract into BNB and another half of SafeMoon tokens pairs with BNB and added as liquidity pair on PancakeSwap.
Safety: A step by step plan for ensuring 100% safety.
The reflect mechanism effectively allows token holders to hang on their tokens based on percentages carried out and relying upon total tokens held by owners. The static rewards play a significant role in solving a host of problems to benefit the investors with profits based on the volume of tokens being traded in the market. This mechanism focuses on satisfying the early adopters selling their tokens after farming high APYs.
The manual burns do matter at times, and sometimes they don’t. The continuous burn on any protocol is efficient for a shorter period, which means there is no possibility of controlling it in any way. It is necessary to have the SafeMoon like token burns controlled and promoted for further achievements over community rewards. It is possible that even manual burns and the amounts to be tracked down easily and advertised. The burn strategy of DeFi like SafeMoon token, is beneficial and rewarding for users engaged over the long term.
The SafeMoon protocol ensures to take the assets automatically from token holders and locks them for liquidity. The main intention is to keep the holder in touch with the performance of the SafeMoon token by preventing the dips from whales when they are adopted for the mass trade-off.
The DeFi like SafeMoon token, has great price value in the trade market with fewer fluctuations.
The DeFi token development like SafeMoon is the next game-changer for the upcoming generation to explore the benefits for their business growth. The investments towards DeFi like SafeMoon token has excellent value in the long run that benefits the investors with high returns. It is highly efficient for trade, buy/sell and transaction. Investors can connect with any reputed blockchain company with professional experience developing a world-class DeFi like SafeMoon token platform with high-end features cost-effectively.
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