Veil
Peer to peer prediction market and derivatives platform
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Hunter's comment
Veil is launching today!
Veil is a peer-to-peer prediction market and derivatives platform built on top of Augur, 0x, and Ethereum.
So this is for crypto trading... but it's super sophisticated. It's built on top of Augur, which is a prediction market protocol on Ethereum... it's all based on smart contracts.
Prediction markets are crazy... it's pretty much very educated gambling. If you have done all your technical analysis, and are very sure that Steem is going to be $0.40 by the start of next month... you could set up a smart contract, and if someone else takes you up on it, you could make yourself some crypto.
Confident you know who'll win an Academy Award? Earn crypto!
I'm not always convinced all these financial tools are good for an industry... it all adds to the manipulation... but crypto really needs more functionality for adoption, so it all helps.
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