Project Overview
Purpose and Goals
PrediX aims to democratize prediction markets by removing traditional barriers to entry. The platform enables:
Transparent Betting: All transactions recorded immutably on blockchain
Economic Incentives: Market participants rewarded for accurate predictions
Decentralized Governance: Community driven decision making for platform evolution
Scalability: Designed for high throughput trading environments
Target Users
Traders: Individuals seeking to profit from accurate predictions
Market Creators: Users who want to launch new prediction markets
Liquidity Providers: Users providing capital for market operations
Arbitrageurs: Participants exploiting price inefficiencies
Analysts: Users leveraging prediction markets for information aggregation
Market Dynamics
Prediction markets on PrediX operate through:
Share-Based Model: Outcomes represented as tradeable shares
AMM Pricing: Continuous bonding curves for automated liquidity
Settlement: Event resolution via oracle feeds with dispute mechanisms
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