Prediction overtime has come to be accepted by individuals as a means whereby they can be rewarded for their passion. As a result of predictions many persons have earned a fortune just from guessing about outcomes of events in which they are passionate about.
Drawing from this many prediction platforms have been established rewarding users over the years for their correct predictions. Although these platforms have recorded quite an amount of success, there is still one problem associated with them, which is the problem of transparency.
Most of these platforms utilize “bots” which are sometimes programmed to manipulate the results of predictions. This did not allow for transparency in the results of event sometimes announced by these platforms since outcomes of predictions were controlled by “bots” with no autonomous system to confirm results. This provided a need for a transparent platform for predictions.
What is the Mos platform all about?
Mos is a prediction platform with a mission to decentralize the prediction market in order to allow for transparency for user’s prediction through the adoption of blockchain technology.
PROBLEMS ASSOCIATED WITH EXISTING PREDICTION PLATFORMS
The following problems have been associated with existing prediction platforms, they include:
Manipulation of Results: this problem was common with existing prediction platforms because most of them operated systems that could easily be manipulated without the ability to trace it. There was no record on history of users’ predictions which allowed changes in the outcome of an event.
They were Centralized: existing prediction platform are mostly centralized, the outcome of the predicted events were controlled and influenced by a centralized system with no other independent party to confirm the outcome of the predicted events. An example is the virtual game in which the results of predictions are determined by a programmed bot with room to confirm if such outcome is genuine.
SOLUTION
The Mos prediction platform using its strategies seeks to provide the following solutions, some of which include:
MOS Smart Contract: the Mos platform utilizes smart contract so as to ensure that results are not manipulated by a third party. When a user predicts an event, a smart contract is created for that event in order to ensure that all through the period before the outcome is announced there is no room for manipulation of the prediction.
Blockchain Interface: the platform adopts an Ethereum blockchain interface that allows every event predicted to be broadcasted on the blockchain so as to ensure transparency and inability to change an event prediction.
Final Thought
The Mos platform provides a transparent and secure ecosystem for event prediction through the adoption of blockchain technology utilizing smart contracts.
Mos provides a prediction platform that allows you as a user to utilize your skills and knowledge to correctly predict the outcome of an event and get rewarded for correct prediction. This benefit is open to you only when you make the decision to be part of this project.
The MOSCOIN ICO is presently ongoing and believe me, this is an opportunity that you do not have to miss for any reason. You can get more information about the project and its ICO from the links below:
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