The finance.vote network leads with a quadratic voting based prediction market system we call “vote markets”.
The system is designed as a crypto economic game that marries governance with the markets. It is designed to aggregate collective intelligence from a distributed group of pseudo-anonymous crypto users who have their finger on the pulse of the crypto market.
Quadratic voting is used to generate a consensus in a perceived future market order. This is done by presenting each user with a token list that is by default ordered by the market. Users then spend a budget of vote power to create a new order, based on their perception of token quality and future potential market performance.
The resultant aggregation of user ordered token lists creates a distribution of perceived market order in the form of a consensus list.
At this point in the future, users are rewarded with a proportional share of a network generated reward pool depending on the proportionality of their correctness.
This simple mechanic becomes exponentially more powerful as new and diverse markets are added and as the power of the rules of the game is transitioned to token holders.
The purpose of this game is to create an adversarial environment to release and battle test our quadratic voting technology, including our decentralized identity token system so that it can be used to aggregate and curate collective intelligence and reach effective decisions in our second layer governance system.
The vote markets have the following properties: