ALL >> General >> View Article
Fore Predicts Brings Decentralized Validation To Prediction Markets
FORE Protocol has introduced FORE Predict, a decentralized prediction platform set to launch on November 30 at 12 pm UTC. Unlike traditional prediction markets, FORE Predict is 'people-powered,' leveraging crowd wisdom for forecasting and validating events. The platform provides users with control over all aspects of a prediction market, including creation, determining odds, and validating results. This user-driven ecosystem is supported by a revenue-share model, fostering transparency and value generation. FORE Predict, built on the FORE Protocol web3 platform, allows global users to create markets and forecast outcomes across various events, from sports and politics to financial markets. The platform employs decentralized validation through user-created markets and independent validators, ensuring accuracy and transparency. FORE further solidifies its commitment to decentralization through partnerships with UMA Optimistic Oracle and PAAL AI. FORE Predict's unique fee redistribution model, taking only a 1.5% fee with 50% redistributed to users, aims to capture market share. The platform operates with the FORE token, trading at around 3.5x the ICO price. The launch is anticipated to attract thousands of users, marking a significant step in providing a reliable and impartial arbiter of truth amid widespread misinformation.
More Information : https://www.techdogs.com/tech-news/pr-newswire/fore-predicts-brings-decentralized-validation-to-prediction-markets
Add Comment
General Articles
1. Magento Developers Melbourne: Your Trusted Partner For Magento Web DevelopmentAuthor: themerchantbuddy
2. How Can E-commerce App Development Help Your Business?
Author: Comfygen
3. The Best Baby Cot Mattress For Summer In Australia: Keep Your Baby Cool And Comfortable !
Author: Milari Organics
4. How Might An Amazon Fba Prep Service Center Help You Streamline Your Business?
Author: 3pshipping6
5. Reviving Artisanal Craftsmanship – Why Handmade Products Matter More Than Ever
Author: Chaitanya Kumari
6. What To Look For In A New York Labor And Employment Law Firm
Author: jewellansing792
7. 50 Years Of Long-lasting Performance
Author: Busch Vacuum Solutions
8. Optimize Healthcare Revenue Cycle: Strategies For Financial Success
Author: Albert brown
9. Offres Exclusives Pour Vos Voyages En Inde Du Nord — Économisez Jusqu’à 30% — Réservez Dès Maintenant!
Author: yatika
10. 200-hour Weekend Yoga Teacher Training Course (yttc) In Bengaluru: A Pathway To Mastery In Yoga
Author: Yogakulam Academy
11. Understanding Patient Behavior: The Importance Of Market Research In Healthcare Marketing
Author: Adomantra
12. Ensuring Safety And Privacy: The Advantages Of Close Protection Services In Dubai
Author: Shancy
13. Thermodynamic Steam Traps: A Compact Solution For Maximum Performance
Author: David John
14. Best Accounting Service In California – Mj Financials
Author: maria jeffery
15. Best Astrologer In Hosahalli
Author: Pandith Keshav Das