Opinion Labs Announces Investment From Binance Labs To Drive Innovation in Decentralized Epistemic Truth Machine
The post Opinion Labs Announces Investment From Binance Labs To Drive Innovation in Decentralized Epistemic Truth Machine appeared on BitcoinEthereumNews.com.
Opinion Labs, a leading innovator in tradable intelligence products, today announced a strategic investment from Binance Labs. This investment marks a pivotal step in Opinion Labs’ mission to build the world’s first fully decentralized epistemic truth machine, providing transparent and objective information to global decision-makers and revolutionizing how intelligence is traded. Opinion Labs, the developer of O.LAB, offers a comprehensive product suite that includes a fully decentralized prediction market, dynamic opinion market and optimistic oracle. These tools are designed to connect a global audience and provide a robust trading environment for both professionals and novices, featuring powerful trader-centric products, liquidity boosters and extensive global accessibility. Product Matrix: O.LAB Prediction: A fully decentralized liquidity information platform that goes beyond traditional models. Users can initiate prediction topics and add liquidity, creating an open market for speculators and AI to engage in probability-based trading. Optimistic Oracle: A truth-verification engine that secures data claims on-chain, ensuring the integrity of shared information. AlphaOrBeta: A consensus-driven opinion market where perspectives are tokenized and traded, fostering a dynamic exchange of ideas. Since its inception, Opinion Labs has attracted over 1 million registered users across multiple blockchain networks, with 670,000 active on-chain users. The platform has processed more than 12 million transactions, underscoring the market’s demand for its intelligence solutions. In the coming weeks, Opinion Labs will launch the closed beta of its O.LAB Prediction mainnet, a significant milestone in delivering the most inclusive and comprehensive decentralized prediction market platform available. “We believe that the free market provided by our prediction infrastructure is the most powerful tool for gathering accurate information about real-world events,” said Forrest, Co-Founder and CEO of Opinion Labs. “In an era dominated by AI-driven recommendation algorithms, we are thrilled that Binance Labs has committed to our vision of creating transparent and decentralized products. By…
Filed under: News - @ August 23, 2024 11:27 am