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Author Topic: [ANN][ICO] Delphi: The Post-Gnosis Prediction Market Platform  (Read 6300 times)
DelphiMarkets (OP)
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July 05, 2017, 08:24:14 AM
Last edit: July 17, 2017, 03:46:14 PM by DelphiMarkets
 #1

Delphi
Catalyze information flow.

General Details

Prediction market platforms based on smart-contract architectures possess undeniable potential. However, we have identified numerous significant (and possibly fatal) shortcomings in the approaches taken by previous initiatives on this front, which inspired us to design and build a protocol that addresses the biggest technical and economic risks of these ancestor frameworks. Delphi represents the next step in the evolution of prediction markets on Ethereum. Accompanying the design-level improvements that we have implemented, we have incorporated the components which were appropriately handled by our predecessors and built upon the foundation that they represent. We have also made a deliberate effort to maintain backwards-compatibility with the Gnosis platform to the maximum extent possible, including data-structure compliance. More details can be found in our whitepaper.

Whitepaper: https://delphi.markets/whitepaper.pdf
Website: https://delphi.markets
Fair Auction Contract Address: 0xFE2F0a2d25639366b19E4105068720837277E70F


Token Details

Token Name        Symbol         Information
DEL
Generator token (locked to generate Φ); price floats on open market (allows platform value speculation and demand-driven profit); supply fixed at 10M (zero inflation)
PHI
Φ
Used to pay fees, subsidies, and facilitate market-trading (on upper layers of the Delphi stack); price pegged to $1 (to allow predictable-cost usage); can be generated via locking tokens (supply is not fixed)

Total Supply: 10000000

Auction Details

Standard Auction
Dates: July 15, 12:00 PM UTC – July 30, 12:00 PM UTC (1500120000 – 1501416000)
Percentage of Auctioned: 75%
Total Auctioned: 7500000
Cap (Maximum): 250000 ETH
Distribution: Total tokens received for any given bidder will be in exact proportion with the ratio of the individual investment made relative to the total investment raised. The auction will be automated by a FairAuction contract available for public review.


Referral Program
Percentage of Awarded: 20%
Total Awarded: 2000000

To encourage wider token distribution and in the effort to incentivize the market to achieve this in a straightforward manner, we have decided to allocate 20% of the total supply of DEL to the community members who help to spread the message and garner more participation in the Delphi crowdsale. The program follows a simple formula and structure: auction bid transactions are allowed to include referral identifiers (any address that has already bid in the auction is eligible, or alternatively an identifying code can be established with Delphi at any time before or during the standard auction), and at the conclusion of the auction, the referral-reward tokens are allocated amongst the referral-identified participants proportionally to how much was invested via their respective identifiers. As an example, if a cumulative total of 10,000 ETH was associated with referral identifiers in the auction, and your individual referral identifier is associated with 10 ETH of contributions, you would be entitled to 1/1000th of the total referral program rewards, or 2000.

We believe that the overcomplicated Dutch-auction approach taken by Gnosis not only served to confuse the market, but resulted in a wild economic imbalance because of its reliance on shaky game-theoretical assumptions. This has grave implications for the platform as a whole, and has at very minimum resulted in a centralized, single point-of-failure for the system. In an effort to avoid such a similar fate for Delphi, we have done our best to simplify the process into a much more fair and understandable auction.


Following in the footsteps of Augur and Gnosis, and incorporating improvements over both models, Delphi aims to fulfill the promise of prediction markets. We will open  the pathways that allow and encourage information to flow freely, make it in everyone’s best interest to express and communicate the truth, and grant society newfound powers of prescience. We look forward to changing the world with you.



[UPDATES]

Bounty Program:

Interested in our Bounty Program? Check out our Delphi Markets Crowdsale Bounty Rewards Program post on Bitcoin Talk


Medium:

Want more information on our team and vision? Keep up with our Medium for our most recently published articles.

- Delphi: Our Team, Our Values
- A Brief Tour of the Fair Auction Process
- Delphi Markets Crowdsale Bounty Rewards Program
- The Delphi Community
- We're Sorry
- On Augur
- A Quick Glance at Delphy.org
- The Fair Auction (Delphi's ICO)
- Wealth Distribution and Why it Matters
- The Oracle Problem
- The Theme of Things to Come


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Sergei.Gerasimenko
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July 05, 2017, 08:26:09 AM
 #2

Do u need russian translation? Would there be any bounty?
spain cool
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July 05, 2017, 08:28:15 AM
 #3

Indonesian translation resrvok
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July 06, 2017, 01:31:13 PM
 #4

Are there any bounty campaigns ?

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July 07, 2017, 03:39:41 AM
 #5

Nobody is likely to take you seriously unless you list who is behind the coin and launch.. I.e. team
Best regards,
Brian

Avalanche is a must own
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July 07, 2017, 09:30:35 AM
 #6

The website looks cool, but missing a few key informations, team members are key points for investors.
Should really updates those missing infos.
ICO is only 8 days from now? am i correct?

DelphiMarkets (OP)
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July 10, 2017, 02:12:13 PM
 #7

We are happy to announce that, due to popular demand, we are now offering a Crowdsale Bounty Rewards Program.

More details are available in the following Medium posts:

The Delphi Community
Delphi Markets Crowdsale Bounty Rewards Program

Vagnavs
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July 10, 2017, 06:42:15 PM
 #8

We are happy to announce that, due to popular demand, we are now offering a Crowdsale Bounty Rewards Program.

More details are available in the following Medium posts:

The Delphi Community
Delphi Markets Crowdsale Bounty Rewards Program


Dude, I don't think many people are going to participate in your ghost sale.. Thus, I'm not sure why you went through this effort... But good luck

Avalanche is a must own
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July 10, 2017, 07:08:03 PM
 #9

We are happy to announce that, due to popular demand, we are now offering a Crowdsale Bounty Rewards Program.

More details are available in the following Medium posts:

The Delphi Community
Delphi Markets Crowdsale Bounty Rewards Program



This is a good way of spreading out tokens across many users. Status did a similar tactic.
I do have a question though, where exactly are the official signatures and avatars for bitcointalk?
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July 10, 2017, 08:53:43 PM
 #10

Very much looking forward to this project.
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July 10, 2017, 11:58:39 PM
 #11

You have to finalize everything before you make an ANN Thread, so people will be interested with your project at their first look.

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linan2332
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July 11, 2017, 12:41:54 AM
 #12

Understand that you guys want to stay anonymous, but is there like a Reddit or slack channel to communicate with dev?
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July 11, 2017, 01:28:04 AM
 #13

A prediction token is a nice thing to have, especially with Augur having done nothing for years. Unfortunately, there is no "team" here. How is anyone supposed to feel comfortable sending money to complete anons, and beyond that, newbie accounts??
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July 11, 2017, 02:49:39 AM
 #14

You know it's a scam when....

They offer 20% referral bonus lol.


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July 12, 2017, 08:23:42 AM
 #15

i need more info about this coin/token??
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July 14, 2017, 09:43:31 AM
 #16

I think it's a good project, and potentially successful!
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July 15, 2017, 01:07:20 PM
 #17

Just got in on the ICO  Grin
I can't seem to find a Slack Channel. Trying to join the hypetrain. Anyone able to help?
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July 15, 2017, 01:35:30 PM
Last edit: July 15, 2017, 01:54:54 PM by uscoin1
 #18

Just got in on ico.

how does the bounty work?  I wrote a blog post article and posted the link and dated.
But there's no place to put in my ether address on your bounty link.  

how do you know it's me and credit to my ether address.??

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July 15, 2017, 02:26:07 PM
 #19

So 287 ETH has been raised, hopefully all coin sold out, But you are giving less obvious information so that investors are less interested in your project

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PRE-ICO | 28th August 2017
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July 15, 2017, 02:31:53 PM
 #20

that is very interesting idea, will keep my eyes on it
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