What is PlotX? PlotX is a decentralized prediction market protocol that enables users to engage in prediction markets without a centralized authority. It is designed to facilitate the creation of automated prediction markets and utilizes blockchain technology to ensure security and transparency. Users can predict various outcomes on global events, markets, or trends and potentially earn rewards. For the latest information on PlotX, consult Eulerpool.
PlotX is a non-custodial prediction market protocol crafted to provide an engaging platform for users interested in participating in prediction markets, specifically focusing on cryptocurrency pairs. Operating on the Ethereum blockchain, it guarantees a decentralized framework where users can predict the future values of popular cryptocurrencies like BTC, ETH, and others. Markets are auto-generated at regular intervals, such as 1 hour, 1 day, and 1 week, offering a vibrant and ongoing trading environment. The platform utilizes an Automated Market Making (AMM) algorithm, akin to functionalities present in decentralized exchanges, to streamline the creation, settlement of markets, and distribution of rewards efficiently and transparently without needing a counterparty. This innovative methodology delivers a seamless prediction experience, allowing users to earn rewards based on the accuracy of their forecasts. Beyond its focus on crypto-pair predictions, PlotX has broadened its offerings to include contests and challenges that extend beyond the cryptocurrency sphere, incorporating elements related to sports. Although it maintains a distinct stance of non-affiliation with any private or government sports leagues or teams, it offers a variety of time-limited contests and challenges, governed by specific eligibility criteria and subject to modification or revocation at any time. PlotX promotes user governance through its integration with GovBlocks, an on-chain governance protocol, enabling the community to participate in the platform's development and operational decisions. This feature highlights PlotX's dedication to cultivating a user-centric prediction market ecosystem. Accessibility stands as a cornerstone of PlotX's strategy, with the platform accessible both as a web app and on mobile devices via Google Play, facilitating convenient user engagement in prediction markets. As with any platform within the cryptocurrency realm, it is imperative for potential users to conduct comprehensive research and understand the risks associated with prediction markets before engaging.














