Generalize
Information
PlotX is a prediction market protocol that allows users to earn rewards on high-yield prediction markets. It operates as the Uniswap of Prediction Markets, utilizing an Automated Market Making algorithm to create, settle markets, and distribute rewards on the Ethereum Blockchain with no counter-party risk. The markets primarily focus on crypto-pairs like BTC, ETH, and YFI and are automatically generated every hour, day, and week. PlotX also incorporates on-chain governance through GovBlocks.
Information
What is PlotX?
PlotX is a DeFi Prediction Market protocol designed for crypto traders. It allows users to make predictions on crypto-assets, such as "What will be the price of BTC/USDT in the next 4 hours?" PlotX utilizes an Automated Market Making (AMM) algorithm to settle markets and distribute rewards on the Ethereum Blockchain, eliminating counterparty risk. The in-game token, $PLOT, can be used to participate in contests and can be converted to other cryptocurrencies (BTC, USDT, MATIC, etc.) or fiat currencies (USD, EUR, INR, etc.).
Answers
Coin ranking
Popular Q&A
- Can you explain the significance of PlotX in the cryptocurrency market and how it impacts traders and investors?2021-11-26
- What are the key reasons behind the recognition of PlotX as a game-changer in the decentralized finance (DeFi) space?2021-11-26
- I'm interested in using candle plot analysis to predict future price trends in cryptocurrencies. Can you provide a detailed explanation of how candle plot analysis works and how it can be applied to cryptocurrency trading? What are the key indicators to look for in candle plot analysis? Are there any specific patterns or signals that can help predict future price movements?2021-11-26
- I'm interested in analyzing the performance of different cryptocurrencies using a plot tracker. Can you provide a detailed explanation of how I can use a plot tracker to analyze the performance of different cryptocurrencies? What are the steps involved and what kind of data can I expect to see?2021-11-26
- Can you provide recommendations for plot sizes for different types of cryptocurrencies? I'm interested in understanding the optimal plot sizes that should be used for various cryptocurrencies to ensure efficient mining and transaction processing.2021-11-26
- Can you recommend some reliable and efficient plot tracking tools that can be used to monitor cryptocurrency prices? I'm looking for tools that provide accurate and real-time data, as well as user-friendly interfaces. It would be great if the tools also offer advanced features like customizable charts and technical indicators. Any suggestions?2021-11-26