Myriad Markets is a decentralized layer-2 prediction market Abstract, which turns everyday content such as articles, social media posts and news headlines into investment opportunities, predicting real-world outcomes. Let's learn about this project with Coin68 in the article below.
What is Myriad? Learn about prediction markets on Abstract Chain
What is Myriad?
Myriad Markets is a decentralized layer-2 prediction market Abstract , turning everyday content like articles, social media posts, and news headlines into potential prediction opportunities. The project is a combination of three elements: media, blockchain, and social finance, allowing users to predict real-world outcomes on a wide range of topics such as cryptocurrency prices, politics, sports, gaming, culture, economics, and technology.
What is Myriad?
Myriad is positioned as a “next generation media” tool, capable of rewarding those with persistence and foresight, moving from passive content consumption to active and transactable engagement.
Myriad Features
Myriad features include:
- Chrome extension integration : Myriad has the ability to display its prediction markets on any website, social post, or news site through its browser extension, allowing users to participate in predictions anywhere without necessarily having to access the platform.
- Using AMM : Myriad uses AMM to automatically update prediction rates in real-time as positions change, ensuring transparency for trades.
- Flexibility between rewards and USDC : When predicting on Myriad, users do not necessarily have to use USDC but can also use the rewards provided by the platform to trade. This helps people who are not involved in the crypto market or investors with little Capital to participate.
Development team
Myriad is built by DASTAN, a new generation technology and media company, and the parent company of two other Web3 platforms, Decrypt (news site) and Rug Radio (podcast, talk show about crypto). The two leaders of DASTAN are:
- Loxley Fernandes : Co-founder & CEO.
- Ilan Hazan : Co-founder & COO.
- Farokh Sarmad : Founding Chairman of DASTAN.
The Founders of Myriad
Tokenomics
Token information
Token name | Myriad |
Symbol | MYR |
Blockchain | Updating... |
Contract | Updating... |
Total supply | Updating... |
Token allocation ratio
Currently, Myriad has not announced information about the MYR Token allocation ratio. Coin68 will update when more information is available.
Summary
Above is all the information about the Myriad project, Coin68 hopes that readers will grasp the basic information to better understand the project and how it works. Hope you have more useful knowledge!
Note: The information in the article is not XEM investment advice, Coin68 is not responsible for any of your decisions.
