What is Naka Bodhi?
Naka Bodhi (NBOT) is an Ethereum-based cryptocurrency chain that offers Bodhi prediction market services to its users. It is designed to create a decentralized, credible, autonomous, and scalable prediction market system that aims to improve decision-making worldwide.
The centralized prediction system's fairness and high costs have always been a significant challenge for users, especially when multiple prediction events are taking place simultaneously. In addition, the traditional prediction market system also faces issues such as time-consuming processes, low efficiency, server failures, and malicious tampering with data within the chain.
To address these issues, Naka Bodhi (NBOT) seeks to decentralize the prediction market by utilizing blockchain technology. It uses third-party oracle software to automatically judge predictions to ensure the decision-making process's efficiency. Users collect information and use mathematical calculations to make accurate predictions. Smart contracts are executed based on real-world inputs and outputs, similar to how they would be executed in the real world.
Naka Bodhi Token (NBOT) is the utility token of the Naka (NBOT) platform. It is an advanced token used for prediction and arbitration. The platform previously supported two types of tokens: Bodhi Token (BOT) and Bodhi Oracle Token (BOE). However, the latest version of the platform is now known as the Naka Bodhi Token (NBOT), which is the combined version of BOT and BOE. This token reduces the problem of having multiple tokens for one product.
The goal of Naka Bodhi (NBOT) is to create a free-to-participate, low-cost prediction market. Token holders can take over the voting process and make the final decision of a prediction event in the event of Oracle failure. As a service fee, Naka Bodhi (NBOT) platform uses NBOT (NBOT) as a transaction and service fee.
The maximum total supply of the Naka Bodhi Token (NBOT) is 100,000,000 NBOT. The platform is continually evolving and expanding, making it one of the most promising projects in the prediction market sector.
In conclusion, Naka Bodhi Token (NBOT) is a cryptocurrency that aims to revolutionize the prediction market industry. By utilizing blockchain technology, Naka Bodhi (NBOT) aims to create a decentralized, credible, autonomous, and scalable prediction market system that can improve decision-making worldwide. With its advanced token and low-cost, free-to-participate model, Naka Bodhi (NBOT) is poised to become the go-to platform for prediction markets in the future.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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