Arbitrum users can now predict Ether price movements with PancakeSwap’s AI-powered market, leveraging Allora’s machine-learning data for accuracy.
In an interview with Cointelegraph, Chef Gyoza, Product Manager at PancakeSwap, explained the decision to collaborate with Allora: The payout process is guided by the AI’s accuracy, adjusting over time according to the AI’s performance as users make predictions on the Prediction Market.“PancakeSwap users will be able to follow or oppose the AI’s prediction. With the AI’s performance and record in our tests achieving close to 65% accuracy, users will have to choose when to oppose the AI, which will naturally have higher odds.”
Gyoza explained that the AI prediction is only issued after rounds are locked, preventing manipulation “as users do not express directional positions.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden Likely to Win Popular Vote, but Not Presidency, Prediction Market SignalsMarc Hochstein is the executive editor of Consensus, CoinDesk's flagship event. He holds BTC above CoinDesk's disclosure threshold of $1K and de minimis amounts of other digital assets (details on profile page).
Source: CoinDesk - 🏆 291. / 63 Read more »
Raoul Pal Delivers Epic Prediction for Solana (SOL) Amid Market PlungeSolana (SOL) fell to lows not seen since mid-April
Source: Utoday_en - 🏆 295. / 63 Read more »
Trump and Biden Likely Won't Shake Hands at Debate, Prediction Market SaysMeanwhile, there's a prediction market on whether the U.K. newspaper The Guardian will correct an article unflattering to prediction markets.
Source: CoinDesk - 🏆 291. / 63 Read more »
Prediction: Nvidia Stock Will Reach $10 Trillion Market Cap By 2030Beth Kindig is the CEO and Lead Tech Analyst for the I/O Fund and delivers weekly in-depth tech stock analysis to her free newsletter subscribers. Sign up here to receive free weekly stock tips. I/O Fund has a cumulative 3-year audited return of 47%, beating Ark and the majority of Wall Street funds over four audit periods in 2020, 2021 and 2022.
Source: ForbesTech - 🏆 318. / 59 Read more »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin’s momentum poise to propel crypto marketBitcoin (BTC) price consolidates in a symmetrical triangle pattern, showing directional bias.
Source: FXStreetNews - 🏆 14. / 72 Read more »