[ANN] OpenPredict - Turning Predictions Into Liquid Assets ($100,000 mcap)

[openpredict]

OpenPredict is the first DeFi protocol to turn live predictions into liquid assets. The protocol generates a tri-smart contract system for every event: one acts as an escrow for event predictors, second contract mints tokens that represent correct predictors, and third contract mint tokens that represent incorrect predictors.

The mission for the product roadmap built upon this protocol is delivery of advanced and eminently needed tools for hedging risk in the DeFi market.

Each risk, be it loss associated with idiosyncratic risk or loss of funds provided to a DeFi liquidity pool, is deemed as an event. The protocol generates a tri-smart contract system for each event, one each for net escrow, minting of "o" tokens for those who expect the event to happen, and minting of "io" tokens for those who expect the event to not happen.

OpenPredict brings predictive options in an open format, expanding the breadth and innovative quota of products in the DeFi market. It has a strong go-to market among the DeFi user base as it provides predictive options as an insurance against failure of DeFi protocols (i.e. lending pools), and then further expands the existing DeFi user base by providing decentralized financial instruments that are otherwise only accessible in centralized markets; this includes provision of risk hedging for traders, through a decentralized options market.

Users have the ability to launch almost any event which can be used to create decentralized hedging or risk insurance opportunities. The main focus of OpenPredict is risk hedging for traders, insurance against protocol failures through default swaps, and highly leveraged trading for assets with limited order book depth (or even those with no order book, such as unlisted assets).

The protocol is openly accessible and can be extended for other products seen as viable by other developers. There is no limit to the form of marketplace that can be generated through predictive options, as long as there's sufficient user interest.

DETAILED TOKEN METRICS

- Token Supply:                9,900,000 OPT   
- Token Price:                  $0.1 (all phases)   
- Tokens for Sale:            2,500,000 (25.25%)   
- Hardcap:                       $250,000   
- Presale:                         40% unlocked day 1, 60% unlocked over 2 months   
- Public Sale:                    None   
- Community Incentives:   5% day 1 for liquidity offering, followed by 1 year of equal monthly vesting   
- Staking Rewards:            Unlocked in proportion to user staking   
- Team:                           1 year lock, followed by 1 year of equal monthly vesting   
- Advisors:                       6 month lock, followed by 6 months of equal monthly vesting   
- Foundation:                   1 year lock, followed by 1 year of equal monthly vesting   
- Marketing:                   Unlock over 1.5 years, split on monthly basis   
- Sale:                           25.25%   
- Community Incentives:  15%   
- Staking Rewards:         9.75%   
- Team:                         12%   
- Advisors:                     8%   
- Foundation:                 20%   
- Marketing:                   10%

TOKEN RELEASE SCHEDULE

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