# 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. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.pred.fi/predator-protocol/introduction/predator-decentralized-nft-index-prediction-market.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.