Gnosis prediction platform announces Gnosis X launch

Gnosis X, to be launched on March 19, to give tools for developers to make their own prediction apps on the platform, also a regular competition is announced
16 March 2018   807

Gnosis X will be launched on March 19, 2018. The launch will release tools for developers, scientists and businesses to make their own custom prediction software on top of existing Gnosis platform.

Prediction markets are essentially a forecasting tool, useful in many cases. Predicting traffic flow and customer demand may seem less important than, for example, epidemics and dangerous anomalous weather prediction, but is no less hard. Global economy also shouldn't be forgotten here, because predicting future fluctuations based on the existing data has long been the recipe to success in a hard field such as this. All this requires immense work to collect and process data. And here, decentralization of computing power and information sources comes in.

Gnosis is the platform which decentralizes prediction markets and allows for better and more accurate prognosis of coming events. Predicting future events with even a passable accuracy is quite hard, but very important in many cases. And so, Gnosis plans to release their tools and give access to underlying algorithms, so more people in different spheres can benefit from it.

Also, the company plans to hold regular competitions for the best forecasting tool in the specific field, based on Gnosis platform. The challenge will be held throughout the year with company announcing different categories for prediction market usecases, with the first ones being released in March. And the best application in each category will grant the developers a sizable prize of $100 000 equivalent in GNO tokens.

At the time of publishing the GNO has following market parameters:

Average price: $83,57

Market cap: $92 307 604

24h volume: $312 010

Caspian to Launch Crypto Derivatives Trading

Caspian does not charge commissions for depositing and withdrawing funds and provides leverage up to 100x
21 March 2019   81

Caspian, an asset-oriented asset management platform, has launched cryptocurrency derivatives trading.

Thanks to integration with Deribit, Caspian customers gained access to trading in futures and options for Bitcoin and Ethereum. Also, the platform will provide the opportunity to trade indefinite bitcoin-swap.

According to Caspian, the platform does not charge commissions for depositing and withdrawing funds and provides leverage up to 100x.

We are excited to be working with Deribit to make the trading of crypto options and futures possible within the institutional community. Our goal at Caspian is to provide crypto traders and investors the same standard of tools and service that exist in the traditional markets and its great knowing that the team at Deribit is working towards the same high standards.
 

Robert Dykes

CEO, Caspian

Caspian noted that their platform connects to Deribit via an API that supports “large trading volumes with extremely low latency”. The platform also has full access to the book of orders of the crypto-derivative stock exchange.