Polls - Binary & Categorical Prediction Markets
Binary Predictions & Categorical Predictions are located in a new market type called Polls (Prediction Markets). Polls enable users to predict the outcomes of various events in the cryptocurrency and financial sectors.
1) Binary Prediction Markets
Each Binary Prediction Poll has only two possible prediction options. Users can choose only one option to predict. For example:
Will Project Alpha conduct a TGE by the end of 2024? Options: Yes / No.
Which coin will have a higher market capitalization by the end of 2024? Options: Bitcoin (BTC) / Ethereum (ETH).
2) Categorical Prediction Markets
These Polls have multiple prediction options, and users select one or several options as their predictions. For example:
Which token from the list below is to be listed on Binance first? Options: Token Delta / Token Epsilon / Token Zeta.
How FED will change the Interest Rate in September 2024? Options: 50+ bps increase / 25 bps increase / no change / 25 bps decrease / 50+ bps decrease
By tapping into the community's collective intelligence, the Polls Prediction Markets aims to provide valuable insights into upcoming trends and events while rewarding users for their accurate forecasts.
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