Augur (REP)
Prediction markets work by using share price to represent the markets belief in the probability of an event’s occurrence.
If a share in a particular event is at full price, $1, on the market, this indicates that the market predicts that the outcome which the share represents as being at 100% probability.
However if the current share price in an event is $0.70, this indicates that the market believes that the probability of the event occurring is 70%.
As you can see, the market price represents a percentage of maximum share price and is the markets prediction or belief in the event transpiring. A market price of $0.00 = 0% probability and $1.00 = 100% probability.
Worldwide Google search volume in prediction markets has increased over the past year. We’ve seen the most search volume increase at the end of 2017 and going into 2018. This is a good representation of the general public and investor interest in prediction markets.
We can see that the growth of the Augur (REP) token price has followed along a similar trajectory.
PolySwarm (NCT)
PolySwarm is a revolutionary take on Anti-virus technology. The PolySwarm network seeks to crowdsource the talent of I.T. professionals around the world to fight Malware. The I.T. professionals that participate in the PolySwarm network will be rewarded with PolySwarm Nectar (NCT) tokens.
The PolySwarm network Alpha and Beta launch are scheduled for release in Q1 and Q2 of 2018.
You can see the full road map for the PolySwam Network launch here.
Hackers have been financially incentivised to create malicious code on a global scale since the internet’s inception. Perhaps the creation of PolySwarm’s decentralized network of skilled professionals that are financially incentivised to combat malicious code will help balances things out a bit.
What Do You Think?
Are you planning to invest or participate in prediction markets? Are you looking forward to seeing a global community created and mobilized to fight against Hackers? Please share your thoughts in the comments below.
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