A "Predictive Market" Where You Can't Lose Money for Sure

Ritu77

On March 7th, Binance launched the Futures NEXT section, a new coin prediction market for Binance contracts. Participants can use "Picks" as votes to predict which tokens will be listed in the USDⓈ-M contract market. If the token is successfully listed, users receive rewards. Users can also nominate tokens to be added to the prediction pool.

Each "Pick" is valued at 1 USDT, and users have a limit of 100 "Picks" to vote for up to three tokens. Users can cancel their votes after a 3-day lock-up period without losing any fees, and the "Picks" are returned to the contract account. For token nominations, the listing fee is 2000 USDT, and if the token is successfully listed, the nominator's incentive capital will increase.

Futures NEXT is an incentive platform independent of Binance's token listing process, offering rewards in the form of contract trading vouchers or fee discount vouchers for correct predictions. Binance emphasizes that token popularity on the platform does not guarantee listing, as Binance maintains a strict listing review process.

The platform is considered a low-risk opportunity for users in the crypto prediction market. It facilitates user interaction and sharing insights within the community, providing rewards for correct predictions.

To participate in the "Pick" mechanism:

1. Log in to the Futures NEXT platform.
2. Transfer USDT to the contract account.
3. Click "Pick" and confirm.

Users receive USDT contract experience coupons or fee discount coupons based on the number of "Picks" used in correct predictions. The reward value increases with more "Picks." The official reward multiplier is currently 1.2, subject to change.

Binance notes that Futures NEXT is not a voting platform but an incentive platform, offering a low-risk opportunity for users in the crypto prediction market. The platform aims to facilitate user interaction and provide rewards for sharing market insights.

The article concludes by discussing the potential benefits for Binance, project teams, and users. Futures NEXT serves as a marketing platform for project teams, allowing them to gain exposure and traffic. For Binance, it's a way to incentivize users to participate in contract trading, gathering liquidity from "Picks" and uniting projects not listed on Binance. Despite being a low-risk strategy, the article notes that high rewards may not be expected in the crypto market, which is known for its high-risk, high-reward nature.

Sona59

The discounts offered by this company are quite impressive!

Samiksha

Safety first is always important!