Whitepaper
  • EXECUTIVE SUMMARY
  • 1.0 INTRODUCTION
    • 1.1 Binary Options : Basic concept
    • 1.2 Historic and economic background
    • 1.3 Market Overview
    • 1.4 Current model: problems and disadvantages
    • 1.5 1xBinary model: solutions and benefits
    • 1.6 Plans and Objectives
    • 1.7 Mission
  • 2.0 1XBINARY ECOSYSTEM
    • 2.1 1xBinary for Traders (Bettors)
    • 2.2 1xBinary for investors
    • 2.3 . 1xBinary for Brokers
  • 3.0 1XBINARY TOKEN MECHANISM
    • 3.1 Stable Betting Token (SBT)
    • 3.2 1xBinary Token
  • 4.0 1XBINARY PLATFORM
    • 4.1 Business model
    • 4.2 Architecture and technology
    • 4.3 Audience
    • 4.4 Use Cases
    • 4.5 Platform Scalability
    • 4.6 Description of MVP (released)
    • 4.7 White label solution for brokers
  • 5.0 FEES
  • 6.0 COMPETITION ANALYSIS
    • 6.1 Advantages of the 1xBinary platform
  • 6.2 1xBinary vs. traditional binary options platforms
  • 6.3 1xBinary vs. prediction markets
  • 7.0 HOW 1XBINARY CAN BE PROFITABLE
    • 7.1 For traders (Bettors)
    • 7.2 For brokers
    • 7.3 For investors
  • 8.0 ROADMAP
    • 8.1 Current state
    • 8.2 Future development
  • 9.0 TOKEN SALE
    • 9.1 Crowd sale summary
    • 9.2 1xBinary token pre-sale Round 1
    • 9.3 1xBinary token sale (2023)
    • 9.4 1xBinary token distribution (2022)
  • 10.0 FINANCE
    • 10.1 Use of the sale proceeds
    • 10.2 Future value of the 1xBinary token based on the daily turnover
  • 11.0 OUR TEAM
  • 12.0 LEGAL NOTES
    • 12.1 1xBinary legal structure
    • 12.2 Disclaimer
    • 12.3 Risk factors
  • 13.0 CONCLUSION
Powered by GitBook
On this page

6.3 1xBinary vs. prediction markets

Over the past year, several projects implementing the model of the prediction markets have appeared. Such projects are Augur, Gnosis, Stox and others.

While the prediction markets are platforms, on which everyone is trying to do something that can be used and provides the initial liquidity for the created market, 1xBinary is a specialized, ready-to-use solution.

An important difference and advantage of the 1xBinary platform is the availability of a common pool of liquidity and moderation of events/trading pairs. A situation when the same event is duplicated more than once is impossible on the 1xBinary platform.

Another distinctive feature is the model of user attraction through brokers who do not need to do anything, except for inviting customers to a platform that can work under their own brand.

Previous6.2 1xBinary vs. traditional binary options platformsNext7.0 HOW 1XBINARY CAN BE PROFITABLE

Last updated 2 years ago