Each of us at least once in life tried to predict an outcome of for example political, cultural or sports events. But what if a person could make money out of these predictions?
Bodhi is one of the most popular prediction platforms which succeeded to make it possible. Bodhi is based on the blockchain system to decentralize the prediction market platform as a whole. How does the platform work? Someone can post a prediction for an event on Bodhi, after which other users start forecasting using cryptocurrency. After the results are given out, the Bodhi “Oracle” automatically distributes the funds between those, who were right. All platform forecasts are operating under smart contract and all transactions are made using Bodhi cryptocurrency to reduce risk and eliminate taxes.
The Bodhi Market is highly decentralized. The aim of Bodhi Token holders is to make the platform completely reliable and autonomous, fair and honest.