Photo by Daniel Rykhev on Unsplash.
By incentivizing users to predict the future price of a token, Glasshouse aims to build an algorithm that could effectively tell you the future price of any cryptocurrency.
Glasshouse is developing a decentralized application enabling traders to find the most promising tokens before anyone else, using intelligent algorithms to predict the future price of any cryptocurrency.
It all works by incentivizing users to stake their token of choice and make a prediction on the future price of that token.
Users predict with their holdings - and get rewarded for doing so. That data is processed by a state-of-the-art algorithm ensuring fairness and objectivity. The result is a complete market prediction platform, free from bias and vote manipulation.
"The most valuable asset we have as traders is insight - and we are decentralising insight. We are tokenising sentiment.”
As an initial offering to investors, the team at Glasshouse are launching their native token: $GLASS.
The Glass token will allow traders to interact with the platform and access its features. It features a unique economic quality too: fees collected from the platform will ensure a stable price floor for Glass through adaptive buybacks.
Traders will be able to access a completely customizable dashboard, showing them accurate price predictions for their cryptocurrency of interest.
It combines data from their ecosystem with deep social-sentiment tracking, providing a complete overview of any coin or token.
With a huge partnership in the works, a modular smart contract created by an industry-leading, team and the upcoming launch of their token just weeks away - the path to true financial freedom is closer than ever.
You can visit the project at https://www.glasshouse.link/
Disclaimer: The opinions in this article belong to the author alone and should not be considered investment advice.