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   876

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

Raven Protocol to be the First IDO at Binance DEX

Team cannot say exactly how IEO will pass, since similar campaigns hadn't been concluded at Binance DEX before, but they are going to sell $500k worth tokens
14 June 2019   434

The Raven Protocol cryptocurrency project announced about the planned initial exchange offering (IEO), which will be based on the infrastructure of the Binance DEX exchange - in this case the campaign will be called IDO or Initial Dex Offering.

Raven Protocol confirmed the right to list its token on Binance DEX paired with BNB on June 17 at 9:00 UTC. At the same time, the IDO of RAVEN tokens will start. The project draws attention to the fact that neither Binance, nor Binance Chain, nor Binance DEX stand behind this initiative.

At the same time, Raven Protocol notes that it cannot say how exactly IEO will pass, since with Binance DEX, similar campaigns have not been conducted before.

Potential participants need to pass a preliminary identification by sending to the address of founders@ravenprotocol.com their address in the Binance Chain, an identity document, a selfie and proof of residence.

In total, Raven Protocol expects to raise $ 500,000 by selling 3% of its own token emission (300,000,000 RAVEN). Accommodation will be on a first come, first served basis. The limit on the amount of investment for one user is declared at the level of 100 BNB.