OptionRoom is delighted to announce the launch of our v3 markets!
At OptionRoom, we’ve always been committed to bettering ourselves; when we first set out to launch our fully decentralised forecast protocol, we did so with the vision of creating a web3.0 prediction platform which would encourage usage and adoption by rewarding the market participants who contribute to the ecosystem, and which would be powered by the very users of the protocol themselves.
It’s this spirit of innovation and user incentivisation which has led us to the incredibly exciting news of the launch of our v3 forecast markets. Our v2 markets saw a strong uptake from the community, no doubt fuelled by the industry-leading rewards which it made available. Markets v3 will seek to build on the good progress which has been made up to this point, and offer additional benefits and utilities for our end-users, and the community who have been so instrumental in getting OptionRoom to where it is today.
Markets v3 will offer a number of improvements on the previous version, including enhanced UX/UI, greater operability and use of use, as well as a new and improved structure of reward distributions, for which we’ll be releasing further details shortly. Implementation of v3 has been progressing well; the smart contracts have been deployed, and we’re currently linking them to the frontend for further testing and assessment. The platform should be live on Mainnet very soon!
As for the platform rewards, our v3 markets will feature the same distribution structure as v2, meaning our users will be able to benefit from the same industry-leading reward payments for participating in the platform ecosystem and creating forecast markets. For an overview of these reward structures, and the substantial token emissions up for grabs on the OptionRoom platform, please see here: https://bit.ly/3DtpsVY
In terms of the v2 markets which are currently active and not yet resolved, we’ll be dealing with resolutions on a case-by-case basis; some may be recreated and brought across to v3, and some may be allowed to run their course and come to resolution in the time and manner which was originally intended when they were created. Again, we’ll be releasing further information about this shortly.
At this point, we again want to reiterate our thanks to our community for their participation and ongoing support of the OptionRoom project; we plan for our new markets dApp to provide the rewards, incentives and benefits which our community deserves.
Thanks very much for reading,
OptionRoom
