What are the new projects in the prediction market field that Vitalik is optimistic about?

At the end of September, when DeFi was still booming, V God tweeted that compared with other Dapp fields, the prediction market still has room for development, and the prediction market may be the most underestimated at present One of the Ethereum Dapp categories, the active market has considerable liquidity.

With the US election With the launch of Augur Foundry and captine approaching and the further development of polymarket, the vitality of the prediction market has been further stimulated.  

Rhythm BlockBeats sorted out the recent prediction market projects in the field of cryptocurrency for everyone brief introduction.

1.polymarket

Polymarket is an information market platform based on Ethereum. Users first need to register an account and use the Metamask wallet when trading. All the rivet currency that the platform participates in the prediction is the stable currency USDC supported by Coinbase.

polymarket also adopts the AMM mechanism, liquidity providers can use USDC to provide liquidity for the prediction market to earn transaction fees Income, liquidity providers can withdraw liquidity at any time.

Currently the largest trading market is the prediction of the US general election. Liquidity is $120,000 and volume is $60,000.

List of popular prediction markets

2. Augur Foundry

The decentralized prediction platform Augur on the Ethereum chain launched the Augur Foundry platform (Foundry.finance) , users can participate in predictions on the platform, and mint prediction result tokens NFT. After the platform converts them into homogeneous tokens, they can do LP on Uniswap and other DEXs to earn handling fees.

For this project, Vitalik Buterin, the founder of Ethereum, said that the current forecast market is becoming more and more segmented, and has evolved into There are two layers: one is the result layer, that is, when the result is announced, holding a certain token will be rewarded, otherwise there is no reward; the second is the market layer, that is, how tokens are traded. V God believes that the prediction market still has room for development.

The current platform has A total locked position of 270,000 USD

3.catnip

catnip is a project of AugurDAO, catnip hopes to provide a less frictional and more interesting market forecasting experience for people who are new to the crypto world. According to reports, it has 3 distinct features:

Ultra-low fees (tx fee is only 1/10 of Augur , 1/2 of Balancer), zero settlement fee, swap fee is only half of that of Omen and Polymarket;

High liquidity The project will start from the prediction of the 2020 US presidential election, and concentrate liquidity on the world's most demanding forecast events. Catnip Exchange will connect to the Foundry.finance market and put the platform's prediction tokens into the Balancer AMM fund pool. At present, there are more than 200,000 liquidity in the Balancer pool.

Current catnip data

Simple UI interface, catnip provides a simple uniswap-like UI, which is familiar to any DeFi user .

4. Omen

The Omen prediction market was launched on July 2nd and can be accessed through Omen.eth or IPFS links.

Omen is the ultimate decentralized prediction market platform launched, maintained and managed by DXdao. DXdao builds Omen on top of Gnosis' open framework developed specifically for prediction markets.

On Omen, anyone can create a predictive project based on any question. The Omen prediction market uses automatic market makers to match transactions, allowing users to easily provide liquidity, similar to Uniswap's liquidity pool. Increased liquidity means that pricing in prediction markets always reflects the latest professional opinion on the topic.

5.PlotX

PlotX is a financial platform that combines predictable protocols and decentralized transactions, equivalent to Uniswap with predictive protocol services. Users can use PLOT tokens on the PlotX platform to predict the future trend of digital assets in the hourly, daily and weekly market. In addition to providing users with a stable income prediction protocol service, if the prediction results match the market, they can also obtain additional governance tokens PLOT, and property will not be confiscated if the prediction is wrong.

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6.flux.market

Flux is an extensible open market protocol based on near, which can be used in any Market transactions on assets, commodities or events. Easily connect to Flux using the open source Javascript SDK for a scalable, permissionless marketplace.

Currently based on flux.market, weatherdex has been launched, a decentralized trading platform for trading weather; Arterra is a platform for engaging fans and creating new revenue opportunities for sports franchises, esports teams, professional gamers and live streamers.

7.clover42

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Clover42 is a platform for decentralized forecasting. At the same time, the project also distributes tokens in the form of liquidity mining.

DeFi9 is the first prediction project launched on the Clover42 platform. Participants attempt to rank the Liquidity Change Rate (LCR) of the top 9 UniSwap tokens within 24 hours.

The only thing the player needs to do is put the 9 tokens in order. Each prediction requires only 9 DAIs, 1 DAI/slot.

Players can make multiple predictions for the same sequence of results, or multiple predictions for different sequences. Therefore, the total investment will always be n * 9 DAI.

Rewards will be issued according to the correct prediction of 9, 7, 5, and 3 positions.

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