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Cryptocurrency News Articles

Devine Protocol Announces Upcoming Launch of Its Decentralized Prediction Market on the SUI Blockchain

Jan 23, 2025 at 07:01 am

Devine Protocol allows users to speculate on real-world events like sports, politics, while leveraging artificial intelligence for better predictions.

Devine Protocol Announces Upcoming Launch of Its Decentralized Prediction Market on the SUI Blockchain

Decentralized prediction market platform Devine Protocol is set to launch on the SUI blockchain, enabling users to speculate on real-world events like sports and politics.

According to a litepaper shared on Devine Protocol’s Medium blog, the platform allows users to create markets on any topic and earn a percentage of the revenue generated by trading fees on those markets. To unlock this earning potential, market creators must hold and stake at least 100,000 $DEVI tokens.

The platform also integrates artificial intelligence to enhance prediction accuracy and provides a user-friendly interface designed for both experienced traders and newcomers to prediction markets.

Devine Protocol aims to revolutionize the way users participate in prediction markets by leveraging SUI’s high throughput, low-latency architecture, enabling near-instant settlements and minimal fees.

The team behind Devine Protocol has also announced the successful completion of its pre-seed funding round, with the team now preparing for a seed round at a $2 million valuation.

In preparation for a presale of its $DEVI tokens, the team is now inviting early adopters and market creators to email them to acquire the tokens before the presale and public launch.

Those interested in learning more about Devine Protocol’s early funding milestones, upcoming presale, and testnet launch can check out the full litepaper on Medium.

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