Geneer Labs started working on crypto prediction contracts
New tools are to introduce all-new prediction technology which implies no investment from predictors while offering potentially unlimited rewards
29 January 2024
Geneer Labs partnered with IQUO to develop underlying technology and analytical support. The works include development of smart contracts, blockchain parser module, data architecture and analytical reporting.
All this will allow IQUO to launch principally new concept of prediction marketplace. Users will become data makers - that is they will be able to create predictions for any price levels for any short-term horizon (up to 1 month) at flat fee.
Additionally, Geneer and IQUO will jointly develop tokenomics of IQUO token, to be launched to support main operations via additional incentives for prediction makers, as well as for influencers. IQUO plans to introduce a variety of highly attractive activities, where users will get XPs (experience points) convertible into IQUO token. In Q3 2024 IQUO plans DAO and IQUO token staking programme: staking will allow to get return and the right to vote on IQUO strategic plans.