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FORE Predict, launching November 30th, is the first predictions ecosystem powered by people. Users create prediction markets, determine market odds, participate in markets against each other, and validate market outcomes themselves. Platform fees are redistributed to users, creating a self-regulating and self-sustaining ecosystem where the house doesn’t win - the users do.
Prediction markets are commonly referred to as information markets due to their value in accurately forecasting future events. To enable users to make more informed predictions on FORE Predict, FORE is excited to announce the integration of PAAL AI into its decentralized app to become the first AI-powered predictions ecosystem.
Whether market creators, participants, or validators, the integration will enable users to make more informed decisions in real-time, all within the FORE app:
- CREATORS: find out about trending topics, most profitable markets, and current hotspots for optimal market creation and revenue generation.
- PLAYERS: take more informed positions in any market by indexing the entire internet directly from each market page
- ANALYSTS: determine market outcomes from directly within the FORE ecosystem, allowing for seamless and efficient validation of markets
The integration will focus on several core value adds for users:
/web - Comprehensive Internet Access:
- Purpose: Provide users with broad-ranging information from the internet, directly from within the FORE ecosystem
- Functionality: Upon user command, the bot will fetch and present data or information from trusted web sources related to markets
- Use Case: A user could ask about historical performance data of a particular team or details about a specific player before entering a market
/stats - Real-time Game Analytics:
- Purpose: Keep users updated on the latest statistics, line-ups, and game scores
- Functionality: The bot will have access to various databases and API which continuously update with real-time game data
- Use Case: A user can quickly check the score of an ongoing match, understand player line-ups or get statistical analysis for an upcoming game before entering a market
/price - Real-time Price Feeds:
- Purpose: To keep users informed about current and historic price trends for assets (crypto, stocks, commodities, currencies, etc)
- Functionality: The bot will have access to various databases and API which continuously update with real-time price data
- Use Case: A user might want to know about the 30-day price of gold before taking a position in a market
/news - Real-time News Feeds:
- Purpose: To keep users informed about the latest developments globally: whether sports, politics, weather, or beyond
- Functionality: The bot will scan trusted news outlets, gathering the most recent and relevant headlines, and present them in a concise format
- Use Case: A user might want to confirm the outcome of an event before validating a market
/predict - Market Forecast & Hotspots:
- Purpose: To guide users towards the most promising predictions and hotspots within the FORE Protocol
- Functionality: Tapping into the predict endpoint, the bot will highlight top markets and potential hotspots
- Use Case: A creator can utilize this feature to understand the most profitable topics on which to make markets
/help - User Assistance & Guidance:
- Purpose: To assist users in understanding FORE’s functionalities and commands
- Functionality: Upon command, the bot will display a list of all available commands and guides, coupled with a succinct description of how to interact with the protocol
- Use Case: A new user can quickly get an overview of how to participate in FORE, ensuring they make the most out of their experience
The integration will initially be rolled out across FORE’s social channels, as we work to perfect the bot ahead of its integration into FORE Predict. By leveraging the capabilities of PAAL AI from day one, FORE will enable its users to make the most informed decisions possible on its people-powered platform.
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