We are excited to announce FTM Predictions — a new way to earn (or lose) Fantom, trying to predict the market’s future. While it can take some time to understand what’s going on in many DeFi protocols, projects, and ideas, hopefully this one is a bit more obvious!
First, there will be a “LIVE” phase where you can establish your position. There will be two options, UP or DOWN, which you can choose based on whether you think the price of FTM in reference to USD will go up or down. Each round runs for 5 minutes only.
Second, just wait, literally.
Finally, you either win or lose based on which option you chose and the FTM/USD price after that 5 minute timespan has concluded. The rewards will depend on the total pot from players on the other side, but everyone on at least one side is walking away richer than before.
While it can take some time to understand what’s going on in many DeFi protocols, projects, and ideas, hopefully this one is a bit more obvious!
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
