BEPRO Network Has Partners With Polkamarkets

Published on: 02.08.2021

Polkamarkets is committed to bringing gamified and entertainment-first prediction markets to their users. Key gamification use-cases such as DeFi rewards, live-streaming, virtual events, live chats, and NFTs are all features Polkamarkets is building into their product. BEPRO Network will provide code for some of these features.

Additionally, Polkamarkets is augmenting their technology offering by using some of our existing Solidity frameworks and backend infrastructure to harden their prediction market systems.

What Are Prediction Markets?

Prediction markets are markets where participants trade on the outcome of future events, with multiple timeframes of resolution.

They are a very good use case for blockchain because by removing a centralized entity and using smart contracts to govern interactions, you can remove intermediaries allowing individuals all over the world to create and participate in diverse information markets.

With the bepro-js prediction market codebase, developers can quickly create sophisticated contracts to govern several market activities including creating your own token for utility and governance, adding and removing liquidity, and buying and selling outcome shares.

About Polkamarkets

Polkamarkets is an Autonomous Prediction Market Protocol built for cross-chain information exchange and trading where users take positions on outcomes of real-world events–in a decentralized and interoperable platform based on Polkadot.

About BEPRO Network

BEPRO Network is a codebase for DeFi, Gaming, Prediction Markets & More. We are a Code-as-a-Service protocol providing technology and support for blockchain-based applications.

➡️Source:
https://bepronetwork.medium.com/builders-spotlight-polkamarkets-for-technology-provisioning-119945b239df

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