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Title: Ordict Launch: A New Era in Decentralized Predictions with Ordinal Inscriptions
Dubai, United Arab Emirates, 14th Jan 2024 - The crypto community is on the edge of its seat as Ordict, a pioneering platform in ordinal inscriptions for decentralized predictions, gears up for its launch. This groundbreaking platform promises to redefine decentralized prediction protocols on the Bitcoin network, leveraging the unique capabilities of ordinals and inscriptions. Ordinals and Inscriptions: Revolutionizing Prediction AccuracyOrdict brings a novel approach to decentralized predictions by harnessing the power of ordinals and inscriptions. Their native token is the world’s first BRC-20 token for a prediction exchange. The event prediction on the platform ranges in various domains, such as politics, sports, and weather. Ordinals and their inscriptions play a key role in improving the accuracy and integrity of predictions, thereby strengthening the decentralized network's security. Empowering Decentralized Markets with Soul-Bound InscriptionsA distinctive feature of Ordict is its utilization of soul-bound inscriptions for predictions. These inscriptions empower users to create and manage their own prediction markets, advancing the platform's decentralization. The unique linkage of predictions to individual users through inscriptions heightens security and user control, promoting a decentralized, community-driven prediction market. Chain-Based Oracle Settlement: The Backbone of Decentralized PredictionsOrdict is deeply committed to ensuring complete decentralization in its prediction protocol. Event settlements within the platform are executed through a chain-based oracle, using ordinal inscriptions to maintain a decentralized, trustless environment for predictions. This guarantees no single entity controls the outcome, ensur...
This press release is issued by King Newswire