Prosper claims to be ‘the world’s first prediction market with the on-chain liquidity aggregation’. The platform was launched in 2021, to bring a decentralized, user-powered prediction market to the Binance Smart Chain.
Prosper leverages the Chainlink ($LINK) oracle technology to present the most updated and accurate price feeds to the platform. Prosper was developed to give users more control over investments made on the platform.
Notable features of the Prosper platform, as per their website, include prediction insurance, which is reported as being a user-friendly tool enabling platform users to lock a percentage of the network cryptocurrency asset, up to 10%, specifically to insure themselves against predictions made.
Additionally, Prosper features a DAO (decentralized autonomous organization) structure, which enables token holders to vote on governance decisions presented to the collective community. #PROS $PROS