Prediction market — earn crypto currency by predic

by Oleh K. SEO

As soon as many cryptocurrencies have great potential for growth, more people are interested in them. However, they do often hesitate which of them can be chosen.

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Review on Prediction market — earn crypto currency by predic

As soon as many cryptocurrencies have great potential for growth, more people are interested in them. However, they do often hesitate which of them can be chosen. They start reading crypto predictions, and at the beginning of their crypto way, they make many mistakes that lead to money loss. To avoid failures, you should take into account different predictions, but make your conclusions yourself. Besides, you can also earn crypto currency by predictions, using existing services and projects.

Prediction market earn crypto currency by predictions

The mechanics of the platforms on the prediction market are similar, each based on the wisdom of the crowd, and floating coefficients are set in the calculations. Below you can find a brief review on the most popular projects in this sector.

Augur

Augur is the first and most famous ICO project in the prediction market sector. Vitalik Buterin, the father of Ethereum and, just as importantly, the founder of Intrade.com, Ron Bernstein were among its founders. Intrade was one of the largest prediction markets on the Internet a few years ago, until the USA government finally banned Americans from participating in it. The project uses the internal REP token, which is sold on the following cryptocurrency exchanges:

- VinDAX;

- Bibox;

- Coinbase Pro;

- Binance;

- HitBTC;

- CoinTiger;

- Kraken;

- Bittrex.

Gnosis

Gnosis is conceived as an infrastructure for other projects in the prediction market. The site also presents several of its own unique developments. Gnosis has long been almost the only competitor to Augur, now there are several more, which anyone can choose after weighting all its pros and cons. In general, the project is less hype than Augur, there is less talk about it on the Web, it has fewer references, fewer searches, and the official group in Telegram has only a bit more than 130 people.

https://cryptodetail.com/

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