Unveiling Earn Network's Exciting New NFT Collection for Prediction Markets

Intro

The Earn Network is thrilled to introduce 2 exclusive NFT collections designed to integrate with our upcoming prediction markets: Oracle of Wisdom and Golden Tree of Fortune. These NFTs are strictly designed to provide substantial functional benefits to its holders within the Prediction Market product.

Understanding Prediction Markets on the Earn Network

Prediction markets are an innovative platform where participants can speculate on the outcome of future events. Participants bet their tokens on the outcome of various events, such as election results or economic indicators, with market prices reflecting the likelihood of each outcome. The product also creates roles such as Market Validators, who resolve each market, and Resolvers, who ensure that everything is actually correct.

For an in-depth look at how prediction markets work, please read our full article below:

Introduction to Prediction Markets

As we enter a new era of decentralized finance, Earn Network is excited to offer a sneak peek at our newest category: Prediction Markets. Powered by the blockchain, it democratizes forecasting by allowing anyone to participate in predicting future events. This open nature takes the potential of the prediction market

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Prediction Markets NFTs and their utilities

At the Earn Network platform, everyone will be able to create their own prediction markets in the token of their choice, bet or become a market validator. However, in order to reward users who are the most engaged within the Earn Ecosystem, we have prepared two collections of NFTs that will allow you to be more connected to the product and share in the platform's earnings. Below, you will find details on both collections and the benefits they offer.

Golden Tree of Fortune Collection

Offering broader access, this collection includes 300 NFTs available to mint at $55 each. The Golden Tree of Fortune NFTs are tailored to those looking to engage more actively with the market’s operational side:

1. Fee Participation: Owners earn a share of 0.9% of every Market Fee from the prediction markets.
2. Priority Access: Enjoy a 15-minute priority window to resolve markets, giving you a head start against other participants.
3. Increased Validator Earnings: Boost your earnings by 50% when acting as a market validator, rewarding your active participation and support of market integrity.

Oracle of Wisdom Collection

This premium collection consists of 50 NFTs, each priced at $290. Holders of the Oracle of Wisdom NFTs will enjoy a range of financial and participatory benefits:

1. Revenue Sharing: Earn a portion of the fees from the prediction markets, specifically 6.2% of every transaction fee, providing a continuous return on investment.
2. Betting Bonus: Receive an additional 2% shared bonus whenever you place a bet within the prediction markets, enhancing potential winnings.
3. Decision-Making Influence: Holders will be part of the quorum of final resolvers, granting them a significant role in determining the outcomes of bets placed within the markets.

Stay tuned for the official launch and be ready to secure your NFTs. In the next 1-2 days we will unveil a dedicated landing page where you will be able to see the prediction market prototype, a more in-depth explanation on how these NFTs will work and much more.

Join Earn Network’s revolutionary approach to decentralized finance and prediction markets by becoming an NFT holder.