Prediction market can be defined as a type of financial or information market. The modus operandi for these markets is that the participants trade in contracts whose payoff depends on unknown future events. This type of market involves a good amount of efficient market hypothesis. One factor which vastly determines success of the event is market price. Earlier, prediction markets were used for the medium-term and short-term forecasts. But now the horizons for these markets has widened.
Some of the popular uses of prediction markets are estimating the expectation of the market regarding certain events. In order to produce the closest results, these markets have appointed panels of experts, opinion of surveys, holding committee meetings, and hiring consultants.
Prediction markets are divided into three types, with respect to main types of contracts, which include winner-take-all, index and spread. The payoffs, in a prediction market, are associated to future events’ results. The design concerning the relation of payoff to the future event can elicit the expectation of the market about the range of different parameters.
MOIRAI:
MOIRAI is a new approach to predict future events by using a power of collective intelligence. It is an open source of cumulative intelligence and will gradually generate brilliant results in many ways. One of the main outcomes is the prediction of future events. The ecosystem of Moirai is developed on a global decentralised network, which revolves around the prediction markets. The users in the ecosystem are enabled to explore and participate in events created by operators and provides. It bases a long-term cooperative operating model, blessing with an opportunity to compete and innovate for compensation to the providers. Contrary to this, the users have the ability to earn profits from participating in the various events related to prediction.
The aim of this platform is to satiate and create value for its customer. MOIRAI aims on creating an economy which is sustainable, where investors can participate in prediction events for making a profit. One of the most distinguishing competitive perk of MOIRAI is that it provides a free of charge user subscription, which is based on the idea of just and transparent prediction market. The revenue model of the business is based on the price of the MOI token.
Moirai ICO Campaign Details:
Token name: MOI
Max Funding Cap: 5,000,000 USD
Minimum funding cap: 1,000,000 USD
Total amount of MOI issued: 660,000,000
Bonus: First day 10%
Currencies Accepted: ETH, BTC
Why MOIRAI?
1.It creates novel economic opportunities and more efficient avenues for crowd sourcing and aggregating information through customized information searching. The power of this search is inclusive and decentralised.
2.It structures an efficient and effective forecasting tool by bridging real world events to the blockchain via prediction markets and oracles.
3.It aims to establish a global open prediction market platform and become the standard for predictive assets.
Moirai will support the success and sustainability of the economy. The importance and demand of MOI is expected to grow after its launch because of the increase in the active users, active providers, and the most importantly the increase in the number of events on which both the providers and the users depend. The team of MOIRAI is extremely talented and hardworking. This assures a bright future for the company.
For more details visit:
Website:https://ico.moirai.io/
ANN:https://bitcointalk.org/index.php?topic=2290769
Facebook:https://www.facebook.com/MoiraiPredictionMarkets/
Written by karanj
Btalk link:
https://bitcointalk.org/index.php?action=profile;u=1030341