Rain, a decentralized prediction markets protocol, launches its beta platform. Popular centralized models like Polymarket often face limitations in market scope, accessibility, and flexibility. The platform allows anyone to create customized prediction markets for a broad range of global events and niche scenarios. Rain, a decentralized prediction markets protocol, launches its beta platform, introducing the […] The post Rain launches its decentralized prediction markets protocol, where anyone can create their own market – private or public appeared first on CoinJournal.Rain, a decentralized prediction markets protocol, launches its beta platform. Popular centralized models like Polymarket often face limitations in market scope, accessibility, and flexibility. The platform allows anyone to create customized prediction markets for a broad range of global events and niche scenarios. Rain, a decentralized prediction markets protocol, launches its beta platform, introducing the […] The post Rain launches its decentralized prediction markets protocol, where anyone can create their own market – private or public appeared first on CoinJournal.

Rain launches its decentralized prediction markets protocol, where anyone can create their own market – private or public

  • Rain, a decentralized prediction markets protocol, launches its beta platform.
  • Popular centralized models like Polymarket often face limitations in market scope, accessibility, and flexibility.
  • The platform allows anyone to create customized prediction markets for a broad range of global events and niche scenarios.

Rain, a decentralized prediction markets protocol, launches its beta platform, introducing the first fully decentralized prediction marketplace where both public and, for the first time ever, private markets can be created and explored at scale.

The platform allows anyone to create customized prediction markets for a broad range of global events and niche scenarios, without needing approval from a centralized gatekeeper.

As prediction markets become increasingly prevalent, popular centralized models like Polymarket often face limitations in market scope, accessibility, and flexibility.

Furthermore, centralized marketplaces suffer from a lack of transparency, trust, and liquidity, as they rely on governance and manual settlement that introduce delays.

In many ways, this structure resembles Netflix’s curated model, where participation is controlled and content is filtered, compared to YouTube, which is open and permissionless, allowing anyone to upload content and participate.

Rain addresses these challenges with an AI-based oracle engineered for verifying public event outcomes, supported by a dispute mechanism that ensures results are accurate, transparent, and resistant to manipulation.

This AI oracle employs a consensus-driven approach using multiple independent AI models that collect and analyze diverse information to automatically determine outcomes.

If participants dispute the outcome, an AI “judge” reviews it and issues an initial ruling.

If the ruling is challenged, the dispute escalates to decentralized human oracles who deliver a final, binding decision.

In private markets, creators are responsible for resolving outcomes, but a similar dispute and escalation process applies.

The native $RAIN token supports DAO governance and transparency.

While prediction markets run on USDT, holding the token is required to participate in markets and trade options, a design that strengthens the ecosystem’s long-term sustainability.

Rain’s tokenomics combine a deflationary buy-and-burn model, allocating 2.5 percent of markets’ trading volume to the burn, with an inflationary issuance that supports growth and rewards contributors, aiming to align incentives while keeping the economics balanced.

“Our beta launch is an exciting next step in Rain’s journey to becoming the most accessible decentralized prediction markets protocol available today,” says Muhammad Wasif, CTO of Rain.

“We’ve built a platform where anyone can create a market for anything. What really sets us apart is the introduction of private markets, unlocking new possibilities for niche and community-specific predictions.”

About Rain:

Rain introduces an innovative protocol that lets anyone create and trade custom options on almost anything.

By leveraging blockchain technology, Rain ensures transparency, reduces counterparty risks, and opens global access without geographic restrictions. For more information, visit: https://www.rain.one/

The post Rain launches its decentralized prediction markets protocol, where anyone can create their own market – private or public appeared first on CoinJournal.

Market Opportunity
Rain Protocol Logo
Rain Protocol Price(RAIN)
$0.0076704
$0.0076704$0.0076704
-2.04%
USD
Rain Protocol (RAIN) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Tether’s Uruguay Bitcoin Mining Plans Could Be Over

Tether’s Uruguay Bitcoin Mining Plans Could Be Over

The post Tether’s Uruguay Bitcoin Mining Plans Could Be Over appeared on BitcoinEthereumNews.com. Tether’s push to expand Bitcoin mining in Uruguay has stalled after the state utility cut power to its local partner.  UTE, the national electricity provider, halted supply in late July over unpaid bills totaling nearly $5 million. The dispute also froze expansion efforts in the country’s Flores and Florida regions. Tether’s LATAM Bitcoin Mining Expansion Plan Hits Major Roadblock The USDT stablecoin operator entered Uruguay in 2023, promising renewable-powered Bitcoin mining. Uruguay’s abundant wind and hydro capacity made it a prime site for sustainable energy projects.  Sponsored Sponsored Tether partnered with a licensed operator, Microfin, to build facilities and secure long-term electricity deals. However, tension grew as costs and guarantees mounted. UTE required large deposits to secure the energy contracts, while Microfin sought tariff adjustments.  Negotiations led to a memorandum of understanding in June, but arrears remained unresolved. The failure to settle debts triggered the shutdown. Crypto Twitter Criticizing Tether’s Uruguay Backtrack. Source: X Tether had announced broader plans to control about 1% of the global Bitcoin network. The firm pledged hundreds of millions of dollars in South American mining projects, including sites in Paraguay.  The Uruguayan expansion was meant to anchor those ambitions. The company has emphasized that USDT reserves remain separate from its operational ventures. Mining revenue and energy assets are intended to diversify Tether’s business beyond stablecoin issuance.  Earlier this year, it also acquired a stake in Latin American agribusiness to link stablecoin use to commodity trade. The setback in Uruguay raises questions about the viability of energy-intensive mining in high-cost markets. While Paraguay and Texas have attracted miners with cheaper electricity, Uruguay’s grid is stricter on guarantees.  For now, Tether’s talks with UTE continue, but the timeline for restarting operations is unclear. Overall, this highlights the risks in tying stablecoin companies to volatile mining ventures. Tether…
Share
BitcoinEthereumNews2025/09/20 10:15
Oil jumps over 1% on Venezuela oil blockade

Oil jumps over 1% on Venezuela oil blockade

Oil prices rose more than 1 percent on Wednesday after US President Donald Trump ordered “a total and complete” blockade of all sanctioned oil tankers entering
Share
Agbi2025/12/17 11:55
Retail Sentiment Turns Bearish on Crypto, Flashing Historical Contrarian Buy Signal

Retail Sentiment Turns Bearish on Crypto, Flashing Historical Contrarian Buy Signal

Retail investor sentiment toward cryptocurrency has shifted decisively bearish, according to on-chain analytics firm Santiment. While such pessimism might seem like a warning sign, historical patterns suggest the opposite: extreme retail bearishness has frequently preceded significant price recoveries.
Share
MEXC NEWS2025/12/17 14:16