peaq
Search…
Machine NFT Prediction Markets
Pool NFTs of a certain class and attempt to predict certain outcomes and outputs of machines.
On platforms like Augur it is possible to bet on certain outcomes using smart contracts. The same is possible for peaq NFTs, whether as a pool of different machines that together form a category, such as vehicles, or for single machines. It will be possible to attempt to predict the output of the machines in a certain period of time. This is likely to be interesting for insurance companies, which can also make a counter-predict to secure their own position, similar to how hedge funds operate when they are placing counter-bets on their investment.
Copy link