Blockchain
Hedera Expands Into Prediction Markets Through VictorAI’s New Platform
Credit : cryptonews.net
- Hedera Basis introduces a brand new prediction platform, VictorAI, which permits customers to put bets on the Hedera blockchain.
- There are plans to combine VictorAI with X and develop an AI-powered terminal for superior customers.
Hedera (HBAR), an open supply, enterprise-grade public distributed ledger, is increasing into prediction markets by means of its new platform, VictorAI. In line with the Hedera Basis, VictorAI makes prediction markets really feel as easy as sending a message.
Hedera unveils VictorAI as a brand new market platform for predictions
The Hedera Basis introduced this in a weblog put up that VictorAI is an AI-powered instrument constructed particularly for the Hedera ecosystem.
VictorAI is basically a sensible assistant for prediction markets that runs natively on the Hedera blockchain. The core product is a Telegram bot that enables customers to put bets as simply as chatting with a pal.
VictorAI opens a direct line between Hedera and the prediction markets by eradicating the friction of wallets, bridges and fuel charges.
The platform has a easy setup, permitting customers to create a VictorAI pockets on Hedera in seconds. Customers can fund the pockets with HBAR, Hedera’s native token, or the USDC stablecoin on the Hedera community.
To begin betting, customers sort a pure language command, comparable to “$10 on the Packers to win the Tremendous Bowl.” The AI interprets it, handles the commerce on Polymarket and confirms every little thing with out wallets, bridges or fuel charges.
Basically, VictorAI acts as a translator between Hedera and exterior marketplaces comparable to Polymarket. So customers keep inside the Hedera community whereas benefiting from international liquidity.
This removes frequent ache factors in crypto, comparable to troublesome interfaces, costly cross-chain transfers, and unpredictable charges. VictorAI solves these ache factors through the use of AI brokers that perceive intent and execute transactions autonomously.
For Hedera customers, this implies delving into the prediction markets with out leaving their favourite ecosystem.
Prediction markets have gotten a cultural phenomenon
Prediction markets are at present standard, fueled by occasions comparable to US elections or main sports activities. Right now, prediction platforms comparable to Polymarket and Kalshi report a weekly buying and selling quantity of over $2 billion.
In March, Polymarket introduced its integration with Solana (SOL). Like us mentioned fairly, this represented an growth from the earlier reliance on the USDC stablecoin for transactions.
Just a few months later, precisely in June, Polymarket built-in prediction markets into Xpermitting customers to work together straight on social media with real-world betting odds.
Kalshi, the prediction market, additionally recorded exceptional efficiency this 12 months. We used to explored that built-in Kalshi with Bitcoin (BTC), increasing past USDC for transactions, simply as Polymarket did with SOL
Robinhood additionally partnered with Kalshi launch a forecasting platform. Robinhood desires to develop into a complete monetary companies firm that may problem platforms like Polymarket.
In the meantime, VictorAI does not cease on the bot. The workforce can be constructing an AI-powered terminal for superior customers who need depth, evaluation and a data-driven edge. For consultants, this provides real-time information feeds, liquidity evaluation and customizable methods. It turns informal betting into data-smart buying and selling.
The workforce can be planning future integration with X, a characteristic that blurs the road between social expression and market participation. As soon as this goes reside, customers will be capable to place bets straight from a message with out switching apps.
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