💹Predator - Decentralized NFT Index prediction market

Predator is a prediction market based on our proprietary NFT index. Similar to the Nasdaq Composite Index or Hang Seng Index in Hong Kong, our NFT index was calculated using Blue Chips NFT floor price data. Then, one can simply wager on the trajectory of the NFT index, which is essentially predicting bull/bear market conditions for the NFT market. Similar to the introduction of the DeFi index and Meme index, we are attempting to bring the conventional finance "index future market" into the NFT space.

NFT is notoriously illiquid, and this is particularly true during bear markets. However, this was also one of the largest criticisms levelled against Bitcoin in the outset, as there were not many CEX markets nor well-developed option markets at the time. Therefore, it would be challenging to purchase and trade bitcoin. The rise of CEX and the introduction of cryptocurrency futures contributed significantly to the subsequent increase in participation. As such, we are also here to improve the NFT trading experiences and contribute to the NFT infrastructure development by launching an Alpha version prediction market.