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.

The platform also boasts of making fiat integration possible through its functionality and cross-chain capability largely supported by Chanilink’s architecture and other Prosper collective ecosystem elements.

While the network was first launched in 2021, shortly after, Aminico Brands, a conglomerate and popular venture capitalist, made the move to acquire the ecosystem and its token in the same year. #PROS $PROS