The prediction market is a financial or information market, where participants trade in contracts whose results depend on future unknown events1. It is based on an efficient market hypothesis. The market price will be the best predictor of the event, in a truly efficient prediction market, and there is no other combination of information that can be used or applied to improve market forecasts. However, it is unlikely the prediction market is really efficient. In essence, the prediction market allows participants to bet bets on the possibility of events occurring 2, such as events related to elections, sports, weather, entertainment, etc. Individuals who participate in the market, by buying stocks or 'betting' on certain specific results,
Strengths and Potential Market Predictions
Market prediction is very useful to estimate market expectations about a particular event. This market has its limitations; However, to predict the future, it may be useful as a supplement to other primitive mechanisms such as politically-appointed expert panel, survey opinions, committee meetings, and recruitment consultants. In the private sector, there is an increasing interest in the market forecast, growing rapidly. Economists, analysts and other stakeholders are using predictions of market results in subsequent analysis. Analysts have connected the time-frame sequence that appears in the predication market with other variable time spans. For example, the joint movement between the risks of war and oil prices (as a causal relationship) has been illustrated earlier, where the war caused an increase in oil prices by $ 10 per barrel. Forecasts or predictions related to political outcomes have increased the scope and strength of the predictive market. The notion of a predicate market is revived, after previous efforts, with the spread of the internet, which dramatically reduced the barriers to entry for creation and participation in this market. The success of IEM in predicting presidential elections inspired dozens of other predicted markets. Platforms such as the Hollywood Stock Exchange and radeSports.com, in the 90s and early 2000s, demonstrate the power and potential of the predicate market to the world, the type of Market Prediction of Rewards, in the predictions market, linked to future events. Designing a reward link to an upcoming event can generate market expectations about different parameters. Market predictions can be classified with respect to the main types of contracts, which include winners-take-all, indexes and spreads.
Market Application Predictions Over the years, there have been an increasing number of web-based event markets, often run by companies that provide a variety of gambling and trading services. Some prominent examples include Betfair.com and bet365.com. Market predictions have been applied in various domains successfully. Mostly, the market forecast is used for medium and short-term forecasts. However, this market has great potential in long-term forecasting and evaluation. Here are some of the previous app fields for short and medium forecast:
Moirai Moirai's goal aims to be a disruptive force in various global markets systematically. These markets include finance, insurance, sports betting, political event predictions, and information. Moirai's prediction market will provide a unique incidencevisation opportunity for both global and global local economies The platform is based on a decentralized network. The following are Moirai's main goals:
Build efficient and effective forecasting tools by bridging real-world events into blockchain through prediction and prophecy markets.
Build a global open market prediction platform and become the standard for predictive assets. Moirai Ecosystem The Moirai Ecosystem is based on a global decentralized network, centered around the prediction market. Users in the ecosystem are able to explore and participate in events created by operators and providers. It builds a long-term cooperative operating model, providing an opportunity to compete and innovate to get compensation to service providers. On the other hand, users have the ability to profit from participating in various events related to predictions.
Token Trading Moirai's financial work structure is based on the use of a cryptographic token system also called Moirai Token or MOI. Similarly, other cryptographic currencies; MOI is also designed as a fractional that can be shared, exchangeable, and transferable. Usability and Purpose MOI The inclusion of MOI in Moirai's new business prediction is intentionally done to do most of the financial activities in this business. Moirai's dependence on MOI has enhanced its integrity as it is the driving force of the business economy. The activities included in MOI's MOI's focus in business.
Prediction Applications The development and publicity of clients for the emergence of the Moirai platform will be done with the help of the Moirai digital application functionality that will be available for both desktop and mobile users. It will be available for download as an open source app that will apply user-related models while allowing access through the Ethereum contract to Moirai along with the opportunity to access the list, content, and event-oriented data that will be obtained from cloud storage. based decentralization facility. Moirai Application Operating Mechanism The Moirai desktop application version will be compatible to run on the following platforms including: - Windows - Macintosh - Linux.
Duration: Moirai Project Development
Marketing Strategy A marketing strategy for any business plays an important role in its success and growth related to profitability. To make Moirai's new venture successful in the industry of prediction, an effective marketing strategy is needed to be designed and implemented. In business prediction, business strategy often also acts as a marketing strategy and so does the case of Moirai, whose focus is to align the two strategies in the same direction. Generally, marketing strategy is based on components including buyer's match with the seller and clarity in the contact statement in trade10. These components are deemed necessary for the Moirai business model marketing design and described below to be combined.
It is estimated that the business will generate € 2 million in its first year of operation with a profit of € 40,000. The net profit margin during the first fiscal year (2018) will be 2%, projected at 19% by 2022.
Roadmap
TEAM
more info :
Website: https: //ico.moirai.io/
Ann: https: //bitcointalk.org/index.php? Topics = 2290769
FACEBOOK: https: // www.facebook.com/Moirai-Predict-LTD-1671954776156448/
Telegram: https: //t.me/moirai_io
Twitter: https: //twitter.com/MoiraiPM
REDDIT: https: / / www.reddit.com/r/Moirai_ICO/
By RyanEncek
https://bitcointalk.org/index.php?action=profile;u=1076774
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