Popular asset in Bitshares DEX---SEER---Graphene based Prediction Market
SEER is a popular asset in Bitshares DEX, according to the whitepapaer, it is "the Next-generation Blockchain-based Decentralized Prediction Market Built on the Graphene toolkit". Currently, it can be purchased from Bitshares DEX, xbric and lbank.
The following are partly from the whitepaper.
SEER is a next-generation blockchain-based decentralized prediction market built on the Graphene toolkit. It allows users to express their judgments about future events by means of the market mechanism and makes effective predictions by gathering intelligence and ideas. Equipped with multiple-hosts decentralized Oracles, SEER offers users credible decentralized prediction market service. Also, SEER Committee and a mechanism of arbitration have been set up to maintain high efficiency, impartiality and self-government.
During the initial release, SEER will create a basic prediction market that attracts users around the world to frequent small-amount predictions and provides academic support for prediction as a sociological proposition. After the basic prediction market has been completed, customized industry-specific decentralized applications for predictions will be developed and released on the basis of SEER’s demand analysis on diverse industries, such as finance, insurance, social politics and sports betting.
Sports betting is an enormous market and SEER has provided an authentic decentralized sports betting solution. In addition to the general functions of a single-host Oracle, an advanced decentralized Oracle based on the multiple-hosts model is also available, which can efficiently prevent the failure in timely producing results due to frauds or single-point fault of the traditional centralized service.
Assets price including that of real estate and bulk commodities is closely associated with our daily life. A user may build a prediction market via SEER and invite other users to participate in the prediction about a specific type of assets where other users can intuitively learn the estimated price of those assets.
SEER offers a convenient, reliable and efficient prediction market tool. Getting rid of complicated settings, the tool enables users to build prediction markets on SEER and invite other users to participate in predictions.
Hmmm, I a huge fan of Cindicator (CND) and actively participating in their prediction activities. The Seer might have advantage over it for using awesome tech like Graphene.
Indeed, Graphene is a plus for such applicaitons.
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thank you so much for sharing this..
My friend you have a new follower :)
Exactly! Please find more information about SEER @futureishere
Wow I did not know much about SEER. Thanks for sharing with me, and I will definitely take a deep dive into their white papers. AND I love sports, so it's perfect. I hope to see more content like this so I gave you a follow!!
Thanks
Great! SEER is wonderful project for sport lovers!
This first Dapp called Octopaul has already been running on SEER.
It is a predction Dapp about football matches, football star topics, football entertainment, etc. Argentina famous football player Hernán Crespo is one of the advisor for Octopaul.
Go and download it to experience the fast speed on Graphene blockchain, and most importantly, don't forget to enjoy the sport games!
Thanks for the info, going to check it out
Welcome to SEER community, more information about SEER is @futureishere
感觉BTS缺少的是一种传销模式，应该像国内某些传销式推广的币学习学习：）
BTS的宣传一向比较谨慎，基本还是靠应用推着走。
对呀，其实我是反语。我不喜欢那种像传销式的方式。BTS我觉得还挺踏实的。
With the 2018 FIFA World Cup and other sports events held in 2018, it is estimated that there would be a great demand on the market of prediction applications.With the help and support from the Power Fans team, SEER will be able to release the product on schedule and will be able to reach users from the Power Fans project. It's an exciting project in making..Let's wait n watch
Indeed
That's quite true!
Powerfans will be the second Dapp running on SEER.
Apart from prediction, sport events crowdfunding is another amazing function on SEER. Powerfans would likely to be the first Dapp to organize it by using exciting crowdfunding ways, for it has 3.5 million fans following Gedoumi operated by Powerfans team, which is a Boxing media and sport events organizer company.
The future of SEER is quite expected!
Looks like a promising project. I would still #hodle Cindicator #CND over #SEER! Cindicator has a working product and they are improving it on a weekly basis.
SEER is not a prediction Dapp, it's a public blockchain for predition Dapps to run on it.
What's more, SEER has a huge community in China, that's why Bitfinex agrees to list SEER on their exchange.
For more information, please follow @futureishere
This post has received gratitude of 6.15 % from @appreciator thanks to: @jademont, @jademont.
I will read the whitepaper, sounds more like it is trying to compete with Augur and Gnosis than Cindicator. Cindicator only needs the "blockchain" for membership confirmation and utility token. Speed of chain (graphene) has zero bearing on its model's functionality.
What is needed is the maths. If the team can pull it off with a nice user interface then maybe this will turn into something good.
Exactly! At present, only Graphene projects can meet the needs of large-scale commercial dapps, which has a confirmation time at 1.5 seconds, and with 3300 TPS.
Meanwhile, SEER is a public blockchain focusing on prediction markets, any projects related to prediction can super easily develop a dapp on SEER. However, Augur is a Dapp on Ethereum. If the speed of Ethereum limits the development of Augur, they can consider about moving to other platform like SEER.
Last month, SEER conducted a stress test, the highest concurrency is 8208 txs/block
For more information about SEER, please follow @futureishere
Thanks!
Very interesting is there any link or homepage with further information on this project? Thanks for sharing!
Yes, you can find more information about SEER @futureishere
By the way, recently, SEER has been listed on Bitfinex, the largest cryptocurrency platform
Hi @jademont
Thank you very much for writing this interesting article for SEER!