Press release
ZUG, December 13, 2021 – Nezha, a new blockchain-based liquidity machine set to power the next generation of the forecasting market, will soon launch an Initial DEX (IDO) offering on a decentralized OccamRazer launchpad through the introduction of the NEZ token.
The prediction market gives users the ability to trade contracts that pay off through the outcome of unknown future events. Providing profit generation optimized for decentralized financial protocols (DeFi), Nezha uses intelligent profit routing to generate high returns and then distributes those profits according to the results.
Unlike traditional prediction markets, players using Nezha only lose profits generated by their liquidity, i.e. staking or mining rewards are liquid but not liquidity based positive sum game with the wagering bonus.
Ivan Gowan, Strategic Advisor at Nezha, says:
“Unlike traditional games, we enable players to access the prediction market by using only liquid mining rewards and wagers while receiving their initial capital. This represents a critical shift in the prediction marketplace that could have far-reaching implications for the entire gaming industry, the way players budget and win, while bringing much-needed transparency into the prediction marketplace. “
By staking NEZ tokens, users gain access to premium tiers, guaranteed award tickets and access to fee redistribution from pools. Nezha will initially launch on Solana before deploying on Cardano to take advantage of the blockchain’s massive liquidity.
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About Nezha: Nezha is building the infrastructure to power a new type of prediction market where players wager their staking rewards, but not their provided liquidity, itself, for a chance to win big! The Nezha Protocol is managed by the Nezha Association, a collective of crypto natives and technology veterans based out of Baar, Switzerland. Nezha is working towards becoming a fully decentralized autonomous organization in which its members are in control. Be part of the journey and stake to win as Nezha is powering the transition from high stakes to staking. Learn more at: https://www.nezha.fi.
About Occam.fi: The Occam.fi ecosystem is managed and maintained by the Occam Association, a Switzerland-based entity operating from the crypto-friendly Canton of Zug. When the Occam.fi ecosystem grows sufficiently, Occam.fi will be governed and steered by a carefully designed decentralized autonomous organization. Occam.fi is the first decentralized launchpad designed for the Cardano ecosystem, built with expertise and care from a veteran team of blockchain entrepreneurs and professionals. Learn more at www.occam.fi.
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