Building A Market-Agnostic Platform
Seeing the chaos in the crypto markets today reminds us why we at Zeitgeist do what we do.
We aren't building a casino for traders.
We're building a platform that gives knowledgeable people the opportunity to capitalize on that knowledge.
This means that no matter what the market is doing, world events will still be relevant & worth engaging in.
Prediction Markets aren't affected by market sentiment. They are sentiment agnostic. IE. It doesn't matter if a market is in bull or bear mode, predictions are made about ANY current event in the world:
- Politics
- Business News
- Sport
- Entertainment And yes...
- Crypto prices 😉
And with an over-collateralized stablecoin like aUSD for participants to make their predictions with, the entire platform remains outside of the influence of the crypto market.
All the while, despite building a platform agnostic of crypto sentiment, our protocol still leverages the true essence of cryptoassets: Decentralization & open source software (secured as a parachain on the Kusama Network).
This really only scratches the surface of what we're about.