Prediction
Last updated
Last updated
Bitvizy Crypto Prediction Game, which allows players to estimate the price fluctuations of key cryptocurrencies. This game combines fun and financial intelligence, allowing players to put their market prediction talents to the test in a competitive, low-risk environment.
Game Entry: Predict if the price of BTC or ETH will be higher or lower than it was when the live phase starts.
Prediction Submission: If you enter a “GREEN” position, and the “Closed Price” is higher than the “Locked Price” at the end of the 5-minute live phase, you WIN! And if it’s lower, you lose.
Market Monitoring: If you enter a “RED” position, and the “Closed Price” is higher than the “Locked Price” at the end of the 5-minute live phase, you LOSE! If it’s lower, you win.
Result Declaration: At the conclusion of the prediction period, the game reviews all submissions, and participants whose forecasts are within a preset range of the actual price are chosen as winners.
Reward Distribution: Winners are awarded a share of the prize pool based on the accuracy of their predicts and the number of participants, encouraging precision and participation.
· Educational Value: The game is an instructional tool that teaches players about market dynamics and the elements that influence Cryptocurrency values, allowing them to make better trading and investment decisions.
· Engagement and Retention: By providing a fun and competitive method to interact with the cryptocurrency market, the game enhances user retention and time spent on our platform.
· Rewarding: The reward scheme encourages users to actively participate in the platform's ecosystem, which increases token utility and value.
· Market Sentiment Analysis: Collectively prediction data can provide significant insights into market sentiment, allowing users to assess the collective stance on various cryptocurrencies.