HEALE Network Hosts Conversation With Industry Leaders, Highlighting Use Cases And Innovations In Decentralized Analytics And Prediction Platforms
HEALE Network, a DePIN-powered real-world asset (RWA) infrastructure platform, introduced that it hosted an area on the social media platform X to discover rising purposes of AI, DePIN, and RWA applied sciences in analytics, prediction, and betting markets.
The occasion, moderated by Tim, Marketing Advisor at HEALE Network, featured trade leaders together with Todd, Founder of HEALE Labs; Trent, Growth Founder of the on-chain retail analytics platform Finisterra; Dave, Co-Founder of the horse racing RWA platform Horse RWA; Ali, Founder of the decentralized prediction market platform XO Market; and Justin, Co-Founder of buyer knowledge platform Safary.
After a quick introduction of the tasks, the dialog started with the primary query, which centered on individuals’ favourite new use instances and attention-grabbing developments in analytics, predictions, or betting markets incorporating DePIN, AI, or RWA options.
The dialog started with a dialogue of a number of the most fun new use instances individuals have seen within the area.
Ali kicked issues off by mentioning the challenge, which is constructing AI brokers for prediction markets. Many prediction markets are correlated, and if individuals are concerned about them, this could enormously support analysis within the area. AI brokers additionally assist distinguish what’s true and what’s not in an goal approach.
Justin shared that one of the vital attention-grabbing tasks he has seen was a soccer sports activities prediction market. He famous that it made him nostalgic for NBA Top Shot and Sorare, and he was excited to see this area of interest rising inside prediction markets. This permits individuals who had been concerned about tasks from the previous cryptocurrency cycles to now interact with what they love in a brand new approach.
Todd highlighted how prediction markets have gotten extra mainstream. He emphasised the significance of usability and identified a challenge with a curation course of the place customers can swipe left or proper to vote on what they like or dislike. Ali added that whereas that they had initially thought of making a Tinder-style prediction market, the construction diminished the worth of buying and selling, so that they in the end determined towards it. He famous that this format doesn’t work effectively for buying and selling functions.
Leverage In Prediction Markets: High Rewards, High Risks, And The Key To Trading Wisely
Tim highlighted one other attention-grabbing challenge that permits individuals to leverage their bets, magnifying each potential positive factors and potential losses. He famous that that is significantly interesting as a result of many individuals get pleasure from leverage buying and selling.
The audio system agreed that whereas they love leverage buying and selling, prediction markets function in a different way: one aspect wins whereas the opposite loses. If the value of an final result drops, individuals lose cash. Using leverage could make sense, however with high volatility, it might probably result in liquidations, frustration, and even market manipulation. Overall, there’s cautious optimism about its potential.
Liquidity is a serious problem. While widespread prediction markets, similar to these centered on politics, can assist leverage on account of high liquidity, area of interest markets carry a really high threat of loss. Ali supplied some sensible recommendation for these buying and selling on outcomes: examine the liquidity (a minimum of 10%), take note of who resolves the market, and perceive how the decision works — whether or not it’s AI-driven, human-led, or a hybrid — to make sure equity.
Other audio system famous that a number of the most enjoyable prediction markets don’t contain actual cash. These platforms leverage social proof, permitting individuals to wager for enjoyment with out the chance of loss. However, with regards to market decision, the hot button is understanding how knowledge enters the prediction market and whether or not the method is clear.
This thought appealed to not everybody. “Playing with cash is about placing stakes in your beliefs,” one speaker famous. Prediction markets initially emerged as a substitute for polls, permitting individuals to specific opinions by means of monetary dedication. Markets with out actual cash typically fail to offer correct forecasts. For dependable predictions, platforms like Polymarket are simpler.
Finally, a bit of recommendation centered on realizing one’s edge earlier than taking a leveraged place. A dealer ought to perceive the panorama, collect data, and pay attention to the sport’s dynamics; in any other case, leverage could cause vital losses. The audio system emphasised: don’t over-leverage, don’t gamble blindly, and follow areas you perceive, similar to sports activities or niches effectively.
Beyond Sports And Politics: Prediction Markets Are Expanding Into Culture, Entertainment, And Price Forecasting
Another query raised was whether or not prediction markets could possibly be utilized past sports activities and politics, for instance in value prediction. The audio system famous that there are already examples exterior of politics. Cultural and leisure markets exist, similar to predicting whether or not a personality will die within the subsequent episode of a sequence, or traits in YouTube and anime. However, sports activities and politics markets are likely to have essentially the most liquidity.
Everyone agreed that prediction markets can present insights into future outcomes, and their accuracy is commonly linked to the supply of insider data. However, they emphasised that no single individual can management the end result. Looking forward, prediction markets might evolve to resemble futures markets, reflecting real-world occasions extra intently, one speaker famous.
Expert Tips For Navigating Prediction Markets: Research, Risk Management, And Strategic Betting
At the tip of the dialog, audio system shared vital recommendation for anybody concerned about exploring prediction markets. They emphasised that individuals shouldn’t soar in just because everybody else is doing it—in spite of everything, prediction markets are a type of betting. Users needs to be assured, conduct thorough analysis, and guarantee they’ve entry to the appropriate datasets and analytical instruments to keep away from dropping cash, which may occur very simply.
Another key tip was correct bankroll administration: “by no means threat greater than you might be prepared to lose,” one speaker stated. He additional advised risking not more than 1% of a bankroll on a single wager, setting clear wager limits, diversifying wagers, and monitoring wins and losses. Discipline, they famous, at all times beats emotion. Staying up to date with the most recent information, persevering with to be taught, and avoiding overconfidence had been additionally highlighted. Additionally, audio system reminded listeners that even when they strongly favor one final result, there’s at all times one other aspect, so hedging when attainable and taking earnings strategically is essential.
The audio system concluded by noting that prediction markets are more likely to change into a serious a part of the rising new economic system.
For anybody concerned about exploring the subject additional, the recording of the dialogue is on the market through the hyperlink.
HEALE Network Highlights Emerging Applications Of AI, DePIN, And RWA Projects In Biweekly Twitter Spaces
HEALE Network is a decentralized logistics infrastructure platform aimed toward bettering provide chain transparency, effectivity, and safety by means of the usage of blockchain know-how and tokenization. It features as a Token Incentivized Data Infrastructure Network (TIDIN), permitting real-time cargo monitoring whereas rewarding individuals with its native token, HEALE.
This occasion was part of an ongoing biweekly sequence hosted by HEALE Network, which explores essentially the most compelling purposes of AI, DePIN, and RWA tasks whereas that includes insights from main trade professionals. Previous classes have included consultants from Trax, Eonic, Certistrike, Farmsent, and different outstanding organizations.
The submit HEALE Network Hosts Conversation With Industry Leaders, Highlighting Use Cases And Innovations In Decentralized Analytics And Prediction Platforms appeared first on Metaverse Post.
