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| title | description |
|---|---|
| Predictoor FAQ | Frequently Asked Questions about Predictoor |
Predictoor FAQ
How Predictoor compare to prediction markets? Like Predictoor, they use \$ for accountability.
Prediction markets are for one-off predictions like “will Biden win in 2024?” whereas Predictoor-style prediction feeds are for a continuous stream of predictions.
How Predictoor compare to Chainlink? Like Predictoor, it has price feeds on-chain.
Chainlink provides current prices on-chain, and Predictoor makes predictions for prices in the future.
How does Predictoor compare to Numerai? Like Predictoor, it crowd-sources predictions, related to trading.
They are different:
- Numerai takes predictions, then aggregates them and uses them to trade directly. It operates as a hedge fund.
- Whereas Predictoor takes predictions, then aggregates them and sells the aggregate. It operates as data feeds.
Secondary differences:
- Numerai focus is tradfi trading, as a hedge fund.
- Whereas Predictoor is pure datafeeds, and applies to any vertical. Its first use case is defi trading.
- Currently Numerai is mostly centralized.
- Whereas Predictoor is decentralized. Predictoor tech may be useful to Numerai to help decentralize
How does Predictoor compare to Numerai Signals? People supplying to Numerai Signals don’t get paid out from trading (like the main Numerai product).
In Numerai Signals, payout is a function of the submitter’s “originality” compared to other signals. These signals are used as inputs for prediction models in Numerai main product.
Whereas in Predictoor, payout is a function of the the accuracy of the submitter’s prediction, compared to the true value. These signals are predictions, directly.