PlotX aims to build a DeFi prediction protocol that is native to the crypto community, with the following key parameters:
>Predictions for digital assets like BTC, ETH and not politics / sports to begin with. >On-chain market creation via smart contracts, unlike market creation via people. >On-chain price per position calculation and instant purchase instead of creation of low liquidity order books. >On-chain market settlement wrapped in a gamified experience with ‘Participation Mining’ inspired by the term ‘Liquidity Mining’.
On PlotX, markets are created automatically on-chain via smart contracts and not via certain individuals (which are the primary trouble-makers in traditional prediction markets).
Okay? So how it is different from projects like Augur, Synthetix, and HXRO?
Jayden Nguyen
Very broad definition! Well I must say that i don't want to take my eyes on this platform! It was good predicting while earning
Jason Perry
That's a good question..
Different from other blockchain-based prediction markets, Plotx uses an Automated market Maker that automatically creates new markets with options and odds, without the need of a counterparty, and hence we draw parallels to Uniswap. Interesting, right?
>>The idea of prediction markets has been very simple - they allow members of a community to use their skills in predicting the outcome of events and get rewarded if they are correct.
>>Participants in a prediction market are motivated to predict as honestly as possible as they have stakes aligned with their predictions, winning or losing based on the accuracy of their predictions.
and PlotX is following a pragmatic on-chain governance approach
You can DYOR too :)
Camden Morris
Yeah unlike other exchange they had spot, margin etc.. but PLOT is focus just on predicting crypto asset!
Chase Morris
Scam.
Look into Suterusu before polytrade.
Camden Anderson
Well PLOT was not a scam project if it was scam then they already run because they have rhe funds!!
Austin Sanders
PlotX has a unique risk spread mechanism which ensures that users are able to manage their risks and customise their exposure to any losses in case of unsuccessful predictions.
yes this shit is gonna be fucking massive PLEASE fomo in and buy my insanely marked up presale bags thank you goodbye
Joshua Perry
You're correct! Plot is not a scam also for me because..
PlotX functions using non-custodial wallets, thus eliminating the need for KYC. This allows its users to maintain full control over their funds themselves. This property delivers on the promise of decentralization, as it helps in maintaining the anonymity of the users. Yeah!
Hey can you just please stop Fud and appreciate the project? You do not know anything so you better shut up!
The end goal for PlotX is to create the leading decentralized prediction market used by mainstream audiences by maintaining a thriving ecosystem of users and a community which will take PlotX forward in the ever-evolving DeFi world.
Agree if they doesn't want the project then it was fine, if they didn't give any supporting details why they say it was a scam then they are just fudding the platform!!
Leo Jenkins
Oh buddy stop fuding here no one will believe on you!! They are all new that PLOT was different into other project!!
PlotX smart contracts to create different markets for crypto pairs, once the proposal via on-chain governance is passed
PlotX is among those new projects, and it comes as an entrant to the young but promising sector of decentralized prediction marketplaces.
So it will moon
Luke Evans
PlotX allows addition of different market pairs like LINK-USDT, COMP-USDT etc via community governance to ensure that markets which the community would like to predict will be available..
Are you looking for a high yield #prediction markets? Well I recommend this project guys name @TryPlotX , their whitepaper is good, simple and very informative.
Why @TryPlotX choose #prediction #market? The idea of prediction markets has been very simple - they allow members of a community to use their skills in predicting the outcome of events and get rewarded if they are correct.
