PredIQt will soon launch User-Generated Markets
The PredIQt team recently published a development update where they announced the arrival of the first User-Generated Markets (UGMs). These still need to be tested and will be ready for launch on December 30th.
Users will be able to stake IQ tokens to create their own markets on any topic and participate in the reward structure that incentivizes market creators and resolvers.
New markets can be created using the graphical interface on the PredIQt website, and 20,000 $IQ tokens will need to be staked. Once the market is accepted the tokens will be burned and the creator entitled to receive the fees that are paid by market participants upon the market's conclusion.
Sources:
Suggested News
China 23rd Crypto Ranking, EOS Retains Top Spot, Bitcoin in 9th Place
The CCID Research Institute of the Ministry of Industry and Information Technology of China published the 23rd Global P...
EOS Name Service Marketplace Beta has been released
Recently EOS Name Service released the Beta version of their Marketplace platform. Users can now buy and sell names wit...
