RAI Finance Launches Predict
RAI Finance is proud to announce the launch of its latest feature — Predict. Predict is a new GameFi product of RAI Finance that allows users to make predictions about certain events and play Risk to Earn games. This new feature will offer a variety of markets including politics, sports, even some trending issues on Twitter. Users can Predict the outcome of the event and be rewarded if they are correct. All the transactions are recorded on the blockchain so transparency and fairness are guaranteed.
Risk to Earn Model
Predict is based on the concept of Risk to Earn (“R2E”). R2E is a model that leverages the principles of zero-sum games. It is similar to financial markets and trading, where one person’s loss is another person’s gain. Both players must risk a sum and upon losing, the winnings go to the victor.
For Predict, players make their prediction and risk tokens based on the result of each game, winning more if they are right and losing if they are wrong. The protocol charges a small fee (1%) which will go to the community governed treasury.
About RAI Finance
RAI Finance is a decentralized finance application that provides digital asset users with a social trading system, aggregated swap on heterogeneous blockchains. Its main net has been launched on ETH & Polygon.
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