Learned that the distributed forecasting platform"Prophet"Received tens of millions of institutional rounds of financing from GXB, Leading Capital, GX Capital, and Shen Bo, the founder of Fenbushi Capital. The introduction of this round of financing will be mainly used for team expansion, technology development and overseas market expansion.
The prediction and quiz industry is in a period of rapid development, and the prediction market has a wide range of applications, including stock index rises and falls, World Cup predictions, movie box office and many other trillion-dollar markets. However, the traditional centralized prediction market has pain points such as black-box operations by centralized companies.
"Prophet", which was launched in February this year, wants to solve this problem with the help of blockchain technology. "Prophet" is doing aGXChain(GXChain)'s distributed prediction system aims to encourage users to share knowledge and experience in the community through the design of digital token economy and contract purchase algorithm, and help forecasters form correct judgments and predictions.
"Prophet" products are divided into two directions: To C and To B:
In terms of To C, a mobile social prediction product - Prophet Set has been launched. Users need to log in to the Block City APP and enter the Prophet Set platform through GID (General Identity, identity authorization). On this platform, users can plan and publish predicted events, participate in voting on predicted topics, earn event tokens, and share socially.
In terms of To B, in order to solve the disadvantages of traditional companies, such as the deviation caused by the important decision-making power of the traditional company being held by the management, the limited effect of the company's internal investigation, the low participation caused by insufficient incentive mechanisms, and the difficulty in ensuring information confidentiality and information security, "Prophet" In 2019, B-Prophet, an internal decision support and forecasting system for enterprises, will be developed, and distributed forecasting applications will be formulated based on the needs of enterprises.
compared to existing on the market
compared to existing on the marketAugur、Gnosis、Stox、God's fortune、WaykiChain、SOCFor forecasting applications, "Prophet" has realized cross-chain communication on the core technical architecture, and has invested more energy in social networking.
On the underlying public chain, "Prophet" is connected to the GXChain public chain that supports cross-chain communication, the smart contract system supports EOS access, the side chain supports large-scale data storage, multi-currency contract purchases are realized through BlockPay technology, and third-party records are provided. account, point-to-point data exchange DES (Data Exchange Service), etc.
In terms of social networking, compared with foreign platforms such as Augur, Gnosis, and Stox, "Prophet" chooses easy-to-use, low-threshold prediction events and prediction models in the To C-end Prophet Set product design, reducing the cost of initial investment in user education , while promoting forwarding and sharing. In addition, social communication is promoted through quiz and countdown in product design.
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Product data as of June 11 at 10 am
Early Prophet Set application scenarios include finance, digital currency, sports, and entertainment. At present, the user group and market are mainly in China. It plans to start expanding the Japanese and Korean markets next month, and enter the European market in October.
There are four main channels for Prophet Set to acquire customers: the "Smart Internet Celebrity" column will be opened on the Prophet Platform in the near future to attract traffic through KOL; cooperate with digital currency wallets, market information and other blockchain traffic portals to attract traffic; Marketing activities such as hotspots attract traffic; cooperate with overseas communities to attract traffic.
In terms of development progress, the current Prophet Set product has been embedded in the Block City Dapp. Fan Yayun, CEO of "Prophet", said that in 2018, it will focus on improving To C-end prediction products, and it is expected to launch an independent Dapp in September; the source code of Dapp will be opened in October; starting in 2019, functions such as anonymous social networking, OTC over-the-counter transactions, and mobile payments will be added and complex contracts, simultaneously develop To B-side prediction products, and launch a decentralized Oracle oracle machine.
I am Zhang Yi, a reporter from Odaily. I am exploring the real blockchain. For breaking news and communicating, please add WeChat ro20110723. Please note your name, unit, position and reason.
I am Zhang Yi, a reporter from Odaily. I am exploring the real blockchain. For breaking news and communicating, please add WeChat ro20110723. Please note your name, unit, position and reason.
