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April 23, 2018, 12:41:48 PM |
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DarpalRating interviewed Delphy founder Bo Wang and Fox Holt, VP Business Development, DelphyLeading Chinese block-chain projects rating agency, DarpalRating interviewed Delphy Founder Bo Wang and VP of Business Development, Fox Holt. The interview took place in Beijing, China in January 2018 and discussed various topics, namely-
Where did Delphy project come from?
Please refer to another blog “The Story of My relationship with the Blockchain” — summary of Bo Wang’s presentation at Beijing meetup. This blog describes Delphy founder Bo Wang’s journey in the blockchain space.
Introduction of Management team.
Introduction of Factom, which was co-founded by Bo Wang.
Why blockchain plays a vital role in prediction markets?
First, prediction markets existed before the blockchain. In the United States, there were many prediction markets, one of the most famous prediction markets was Intrade. Primarily, Intrade focused on U.S. presidential elections and predictions based on the stock market transactions. In fact, from 2004 to 2012, Intrade’s predictions on the US presidential election were very accurate.
This concept was further accepted by big companies like Google, GE, Hewlett-Packard, etc., that began making decisions through prediction markets. Essentially, it is well accepted that the prediction markets have great value for democratic decision-making, information exploration, and intelligence sharing.
However, centralized implementations have resulted in fundamental shortcoming — a lack of trust amongst the exchanges, traders and government entities. The peer-to-peer blockchain technology can store all trading data on an immutable public blockchain, which demonstrates fair, accurate and tamper-proof prediction results.
Can prediction results really reflect participants’ real thoughts?
A key feature of prediction markets is to provide financial incentives to well-informed participants to share their wisdom regarding the potential outcome of upcoming events. As a result, when their predictions are accurate they are financially rewarded.
What’s the difference between Delphy and other prediction market projects, like Augur, Gnosis, etc？
Undoubtedly, Augur is the first prediction markets project to be built on blockchain. Augur issued REP token, which will provide a fully decentralized Oracle mechanism for prediction results, by asking the REP holder to vote for the results. However, it’s been over 2 years since their ICO and Augur still doesn’t even have a roadmap of when they are going to launch their platform.
Gnosis had its ICO early last year. But the GNO token which was issued is mainly for crowdfunding purpose, rather than to utilize the token. Gnosis has a very big blueprint, including wallet, exchange, etc. Like Augur, they don’t have any solid plan on their product launch.
For Delphy, from the very beginning, we know that our strategy is to launch the product. We plan to have cryptocurrency related prediction markets first, then we may extend to other categories, like sports, entertainment, etc. The initial product launch will be in the China market, then Southeast Asia, lastly English-speaking international markets.
Delphy plans to provide the best user interface and user experience, that will enable many users to take advantage of the wisdom of crowd. At this point, we have over 200,000 pre-registers to our platform. We have commenced the invitation-only internal testing by inviting our engaged community members to help us with bug-finding and UI/UX improvement.
Delphy has established the partnership with imToken, a wallet company with over 500,000 users, Cointime.com (also known as Jinse Finance), THE most influential blockchain based media platforms in China, with over 120,000 UV and over 500,000 PV daily in average. Delphy is also working to build partnership with exchanges. All of the wallet companies, media and exchanges can bring their existing users from their platforms to Delphy’s prediction markets, and on the other hand, more people can take advantage of the wisdom of crowd. It’s worth mentioning that although Delphy’s initial product launch is to China market, Chinese participants’ view on the crypto world is very important to international community. Whilst in the beginning our international community cannot participant in the predictions, but they still can benefit from the results.
What’s the current product update?
Delphy is currently in an invitation-only internal testing stage. We invited community members to make predictions on our platform, and they are providing us with valuable feedback. We also plan to invite blockchain influencers to open sessions on Delphy’s platform, essentially they can initiate their own predictive topics and have their followers participate in the prediction markets. We are also thinking of inviting third-party vertical platforms, that have existing user base, to create prediction markets that their users are most interested to participate.
How do you compare Delphy and Bodhi?
Delphy is the first prediction markets platform on the blockchain in China. Delphy is built on Ethereum, whereas Bodhi is built on the Qtum blockchain. It is well known fact that, Ethereum is more well-developed than Qtum.
Another big difference is that Delphy’s goal is to deliver the roadmap we promised to our community, for which we are working very hard towards our product launch. Additionally, Delphy’s prediction markets platform will be easy to access, fun to participate, provide market incentives and low transaction fees that will guarantee easy of use and motivate users to actively participate in making predictions. We are very confident that we can do a great job!
What’s the difference between prediction markets and betting?
This question has been asked many times. Prediction markets is absolutely not gambling.
Delphy will provide a platform on which anyone can initiate a prediction market at any time. The market is open and transparent. He/she can invite friends to make predictions, share information and benefit from the wisdom of crowd.
In fact, a prediction market is a judgment on probability. We are making judgments all the time in our lives. These judgments are basically based on probability. A lot of times, we don’t even realize that we are actually making judgments based on the probability. However, on the other hand, we can’t call all judgments based on the probability betting.
To make a prediction based on probability is essentially an objective of fact. The whole world needs prediction markets. In order to fully legitimize the prediction markets, there were more than 20 scientists in the United States (including 4 Nobel laureates) who jointly wrote to the US Congress, because prediction markets can help with making correct decision, or take corresponding actions based on the prediction results. Currently, many large companies in the United States are using prediction markets to help gather opinions internally, then make wise decisions that will have a positive impact on ROI (Return on investment).
China is in the process of internationalization, and a lot of Chinese citizens have great access to the outside world. If by using prediction markets, their wisdom could be collected, I believe it will help with the government’s decision-making. Therefore, prediction market itself can bring tremendous value to the whole society.
On the other hand, on Delphy’s platform, we have limitation on the number and amount of users’ transactions. And the buying and selling prices are also placed between 0 and 1, at a relatively low range. All of these will ensure the prediction markets become a mechanism for information discovery and wisdom sharing, rather than being manipulated as a mechanism for betting.
In general, prediction market is a very good information discovery mechanism with social value.
For details of this interview, please refer to ：《【大炮专访】天算 汪波：拒绝民意操纵，预测市场让群体智慧有价值》https://mp.weixin.qq.com/s?__biz=MzI4NDc1MjIwMw==&mid=2247484159&idx=1&sn=940d610e55e8d13bd96bbb63fee426b4&chksm=ebf7e2dbdc806bcd8959185f33785e179e277311f934438125ab6705f55ac1bd1e1df7387db4&scene=21#wechat_redirect
Thank you for your continued support!About Delphy
A Decentralized mobile social platform for prediction markets.
Delphy is a decentralized, mobile prediction market platform built on Ethereum. The Delphy App is a light Ethereum node running on mobile devices.
Delphy uses market incentives to allow participants in a market to communicate, instantly and transparently, their wisdom regarding the outcome of upcoming events, effectively predicting the future. We design Delphy from the start to be decentralized, which makes it difficult to manipulate prediction results.These are our official social platforms: Telegram Ann: https://t.me/DelphyANNTelegram Chat: https://t.me/DelphyCHATTwitter: https://twitter.com/Delphy_orgMedium: https://medium.com/delphyDiscord: https://discord.gg/gjWaS5MFacebook: https://www.facebook.com/Delphyfoundation/Instagram: https://www.instagram.com/delphy_org/Bitcointalk: https://bitcointalk.org/index.php?topic=2046622.0Reddit: https://www.reddit.com/r/Delphy/The Delphy Team
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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ICOAGE (OP)
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April 26, 2018, 12:59:56 AM |
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Summary of Delphy Founder Bo Wang’s Interview with ErduoFinanceLeading Chinese blockchain media ErduoFinance which has previously profiled various blockchain celebrities, reached out to Delphy for an exclusive interview with our visionary founder Bo Wang.
Bo Wang possesses practical experience in the application and development of blockchain technology. Bo elaborated on the notable role of predictions markets and blockchain technology and how the two concepts are naturally intertwined with each other. Below is the summary of the interview.
Prediction markets are a natural and easy-to-launch application in the blockchain industry
Blockchain technology brings in a new world of concepts and ideas. We were looking for native applications on the blockchain, with a business model, easy-to-launch and with market demand- prediction markets platform is exactly what we are looking for.
Prediction market are not new - In 1503, people began to predict the succession of the pope. In modern times, prediction markets gradually commercialized. For instance, Intrade prediction markets was a renowned American economic and political prediction markets web platform. The accuracy of their results was even better than that of public opinion surveys. It was often cited by various mainstream media and thus potentially effected the U.S. election.
Traditional prediction markets can do the following: 1. Efficiently collect diverse and dispersed information; 2. Provide an effective and transparent incentive mechanism to obtain relevant realities; 3. Provide an almost real-time information update mechanism so that manipulating the results becomes quite difficult. For example, Consensus Point, whose Chief Scientist is Robin Hanson, the father of prediction markets, accurately predicts markets at 92%.
However, traditional prediction markets are not that perfect and come with various problems, such as the inability of the centralized platform to prove its fairness sans manipulations, the limitations of financial supervision, and the lack of attention. In the 2012 election, Wall Street supported candidate Romney and tried to use $8 million to influence the election results. This was the case with Intrade prediction markets, as they found difficult to prove the fairness and sans manipulations in their predictions.
The existence of the blockchain technology not only deters market manipulation via predictions, but also makes it possible to turn those predictions into transactions. The blockchain technology provides: 1, the data can not be tampered with; 2, token incentive mechanism; 3, decentralization. Decentralization can reflect the wisdom of crowds.
Become the “TaoBao” of Prediction Markets Platform in Blockchain Industry
Augur crowdfunded 20,000 bitcoins and 1.1 million Ethereums since the publication of the White Paper in 2014, worth about $5.5 million, but has not launched the product yet. Delphy’s prototype was released in August last year, and currently is in the second-round internal testing. We are committed at delivering our roadmap, and it is clear that Delphy implements faster than Augur.
Delphy is the first decentralized prediction markets platform in China. The prediction markets community needs strong operations and management, which is exactly the strength of Chinese organisations. Delphy hopes to build a “Taobao platform” for prediction markets based on the blockchain technology. Anybody can “open stores”, which means to create prediction topics on Delphy platform, our platform will first be launched in China and then start working towards our international launch.
Generation of DPY token
Delphy has issued a DPY Token based on Ethereum Smart Contracts and with ERC-20 compliance. When a participant makes a prediction about any future event on the Delphy platform, DPY must be used to purchase the share(s) of an outcome of the event. Those who predict accurately will be rewarded with DPY.
Delphy uses Logarithmic Market Scoring Rule(LMSR) to reflect the market’s evaluation of each event outcome. LMSR provides the greatest liquidity for markets as “the number of shares is unlimited, there is no fixed amount”. Shares can be bought and sold at any time before settlement.
When a user wants to create a prediction market, a loss limit must be determined by the creator to calculate the creator’s potential loss. The higher loss limit is, the greater the loss the creator may suffer, yet the more liquidity the market has, and the less impact participants have on the price when they buy more shares.
Information is real-time. Everyone is free to participate and change their decisions at any time until a credible result is finally released.
The difference between prediction markets and betting
Prediction markets can help people understand the potential outcome of an event, which is both meaningful and profound. For example, the U.S. election prediction result can help assess financial risks; public expectations to house prices can serve as a reference for the government’s macro-control; whether predictions can help farmers gather information and hedge against extreme weather risks. In addition, the incentive value of the prediction markets will be controlled within a certain range, therefore it will not involve a large amount of risk, and the impact on the society will be very limited.
In the past, insurance and securities were once regarded as betting methods, while today people have fully accepted them as economic tools to help fix our practical problems.
Essentially, most of the decentralized applications have a corresponding existence in the centralized world. These are totally two different worlds. They do not cross one another. The experience Delphy would like to share with new entrepreneurs is to seriously consider what the benefits of blockchain technology and how it can solve real problems.
For details, please prefer to：【区块链108将】天算汪波：区块链为预测市场创造了新的交易场景
https://mp.weixin.qq.com/s?__biz=MjM5ODQ5NjMwMA==&mid=2649959311&idx=1&sn=493c8b1d9590172ee00b696a122902d1&chksm=bece5acc89b9d3da981a57c08acd85eb0272819d96e61c1fdfe0417fc85cf6c82d87317d35f0&scene=21#wechat_redirect
Thank you for your continued support!About Delphy A Decentralized mobile social platform for prediction markets. Delphy is a decentralized, mobile prediction market platform built on Ethereum. The Delphy App is a light Ethereum node running on mobile devices. Delphy uses market incentives to allow participants in a market to communicate, instantly and transparently, their wisdom regarding the outcome of upcoming events, effectively predicting the future. We design Delphy from the start to be decentralized, which makes it difficult to manipulate prediction results. These are our official social platforms: Telegram Ann: https://t.me/DelphyANNTelegram Chat: https://t.me/DelphyCHATTwitter: https://twitter.com/Delphy_orgMedium: https://medium.com/delphyDiscord: https://discord.gg/gjWaS5MFacebook: https://www.facebook.com/Delphyfoundation/Instagram: https://www.instagram.com/delphy_org/Bitcointalk: https://bitcointalk.org/index.php?topic=2046622.0Reddit: https://www.reddit.com/r/Delphy/The Delphy Team
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ICOAGE (OP)
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May 01, 2018, 04:04:32 PM |
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Delphy Official Announcement: No SMT Smart Contract Vulnerability for Delphy CodeDear Delphy Community, Recently, hackers exploited a flaw in SmartMesh’s (SMT) ERC20 smart contract, which resulted in a large number of tokens being received through overflow attacks. Delphy has analyzed this breach and reviewed our code to insure the Delphy project and community will not suffer the same problems. Delphy is making an official announcement to our community that, we have checked our code and can now confirm that there’s no vulnerability to Delphy code. Delphy DPY token contract: 0x6c2adc2073994fb2ccc5032cc2906fa221e9b391 At present , Delphy has completed the source certification of the token contract on Etherscan. Anyone can view the source code through the following link: https://etherscan.io/address/0x6c2adc2073994fb2ccc5032cc2906fa221e9b391#codeThe vulnerabilities in SMT’s ERC-20 token contract occur in the passing of uint256 variable to a function without the safeguard of checking for making mathematical operations overflow. The will result in the skip of the balance check and allow people can transfer any amount of tokens. As can be seen in the source code, the contract Delphy Token(DPY) contract inherits directly from the Standard Token contract. In the Standard Token contract, two functions, Transfer and Transfer From, are both involved in mathematical operations. For these two functions, all calculations will call Math.safeToAdd or Math.safeToSub before execution to ensure that no overflow occurs. Therefore, the smart contract for Delphy DPY tokens will not be affected by this vulnerability. Thank you for your continued support! About Delphy A Decentralized mobile social platform for prediction markets. Delphy is a decentralized, mobile prediction market platform built on Ethereum. The Delphy App is a light Ethereum node running on mobile devices. Delphy uses market incentives to allow participants in a market to communicate, instantly and transparently, their wisdom regarding the outcome of upcoming events, effectively predicting the future. We design Delphy from the start to be decentralized, which makes it difficult to manipulate prediction results. These are our official social platforms: Telegram Ann: https://t.me/DelphyANNTelegram Chat: https://t.me/DelphyCHATTwitter: https://twitter.com/Delphy_orgMedium: https://medium.com/delphyDiscord: https://discord.gg/gjWaS5MFacebook: https://www.facebook.com/Delphyfoundation/Instagram: https://www.instagram.com/delphy_org/Bitcointalk: https://bitcointalk.org/index.php?topic=2046622.0Reddit: https://www.reddit.com/r/Delphy/The Delphy Team
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SixFigures
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May 01, 2018, 04:08:22 PM |
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Hi guys is there any summary how you are different from the other prediction market called Augur? What are your advantages over them?
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ICOAGE (OP)
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May 01, 2018, 04:18:55 PM |
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Hi guys is there any summary how you are different from the other prediction market called Augur? What are your advantages over them?
Hi, Thank you for your interest. Please check out our one-page Executive Summary, which is a good start to know about Delphy. http://delphy.org/en/DelphyExecSum.pdfFeel free to let us know if you have other questions. |
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ICOAGE (OP)
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May 08, 2018, 01:52:03 PM |
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April of 2018 Summary — DELPHYhttps://medium.com/delphy/april-of-2018-summary-delphy-2d2071c540b7Dear Delphy Community: Last month we brought you lots of exciting announcements and developments. In case you missed an important announcement, please look no further as we have complied a list of key highlights for April 2018: Delphy announces Re-brand Ahead of Predictive Markets Platform Launch. The new brand emphasises on the value propositions and brand identity of the Delphy Brand, and includes a new logo, positioning, and website; Leading advertising agency Ogilvy, Spain (CMA) developing the branding strategy. Every Wednesday at 8:00pm Beijing Time, Mike Li, Delphy Product Managing Director, hosts a live broadcast event with our Chinese community. Please find the summary of April 4th session. Bo Wang was invited to Beyond Blocks Summit Tokyo, where he discussed “ The Role of Governance in Asian Markets” as a panel member on April 4–5, 2018. Bo Wang was invited to attend and speak on a blockchain and digital assets investment summit — Look at the Blockchain Industry in a Future Perspective, in Shenzhen, China on April 7th, 2018. In his speech, he discussed the evolution of the industry from the conception of Bitcoin and the current state of the blockchain industry. In his view, whilst the Chinese government banned ICO’s, undoubtedly, crowdfunding helps blockchain industry by enabling start-ups to create the products and aid in product launch. Delphy Founder, Bo Wang participated in panel discussion: Decentralizing Risk Management at the Global Inclusive Blockchain Conference in Singapore on April 17–18, 2018. At the conference Bo also presented Delphy- the Prediction Markets platform on blockchain to the audience. Additionally, Bo discussed and exchanged ideas about the future of blockchain technology and Singapore regulatory environment with Dr. David LEE Kuo Chuen, professor of SUSS and top tier Blockchain celebrity in Singapore, and Diego Gutierrez Zaldivar, CEO &Co-Founder of RSK. Fox Holt, Vice President of Business Development of Delphy, elaborated Delphy’s rebrand strategy in our latest video: Delphy Announces Rebrand Ahead of Prediction Markets Platform Launch. Fox Holt presented the concept of predictions markets at University of Texas Austin on April 16th, 2018. Fox Holt, VP Business Development of Delphy was key speaker at the Blockchain Startup Showcase organized by Austin Blockchain for Business Meetup in Austin. Fox presented and discussed the relevance of prediction markets to crypto enthusiasts. Bo Wang, Founder of Delphy had a visionary delivers key note speech at the Blockchain Investment Forum in Shenzhen, China on April 7th, 2018 Is Brexit uncertainty damaging UK Business? Can prediction markets offer a solution? Check out our latest video.
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ANDREW 555
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May 08, 2018, 08:27:33 PM |
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ICOAGE (OP)
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May 08, 2018, 08:54:54 PM |
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Hi Andrew, Nice catch. We just posted on our social media handles. https://twitter.com/Delphy_org/status/993906859433132033Anyone who is in Hangzhou, China on May 12th. Welcome to join the meetup and have a face to face conversation with Mike and Jane. They will be very excited to meet you. |
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ICOAGE (OP)
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May 10, 2018, 11:42:58 AM |
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Bo Wang, Founder of Delphy and a visionary delivers key note speech at the Blockchain Investment Forum in Shenzhen, China on April 7th, 2018Bo Wang, Founder of Delphy, the first prediction market platform in China, emphasized that making predictions is not only a recent fad but also a basic, on-going human desire; humans crave fairness, justice and pursuit of effective knowledge. The blockchain technology has accelerated it’s progress, that is embedded in the ecology and mechanism of prediction markets. Bo gave an enthusiastic speech about Evolution of Blockchain to the audience of Blockchain Investment Forum in Shenzhen, China.
In 2009, when Bitcoin whitepaper was first published on Hacker News, it was indeed the must-read paper for all technical geeks. At that point in time the paper did not resonate with the most readers as most perceived it to be a fantasy of a few enthusiasts.
When Bo came back to America in 2013, one of his friends told him that he was a was a true believer in Bitcoin and not only bought Bitcoin at $10, he went all in, when the Bitcoin price was $500. After that realization, Bo began researching into blockchain technology and Bitcoin. After research, he understood that it could really fix real problems.
Let’s take a look at Ethereum, the two most meaningful tasks Ethereum has accomplished are:
Smart contract to automate some very simple tasks on smart contracts.
The other is to create the ICO. Actually, the first ICO was done by MasterCoin, but Ethereum made an innovation to ICO. Vitalik hired the best lawyers in the world and created a whole set of legal framework in Switzerland. This legal framework can both protect investors and founders of projects. So they did ICO from July to August 2014. This ICO was a legal fundraising act under a real legal framework with bitcoins, rather than fiat. During the process, Ethereum had crowdfunded around $17 million worth of Bitcoins.
The ICO model ignited a wave of funding for blockchain projects. In spite of the fact that last year ICO’s were banned in China, many projects have the chance to get investment under legal conditions, which helps the blockchain industry to facilitate the product launch faster and easier.
News is all about reporting on past events or events that are happening, but in fact what we are most concerned about what will happen in the future and the value this news event will have in the future. If we know in advance what will happen in the future, we will know what we want to do and what we should do. Delphy, the prediction market platform, is a tool to help you predict the future and realize the future. Today, I will not talk about Delphy, but I’d like to share with you my learning from my recent trips global-wise. Maybe these will be some opportunities for you.
Bo just came back from Japan and one thing he noticed very interesting is there’s no one dominant media in Japan. Even with the huge population in China, there are several dominant multi-media outlets which could provide one-stop global-wise information for the users. But it’s totally a different story in Japan. The Japanese media landscape comprises of many small or medium sized influential media which could dominate an industry or a region, but there isn’t one media conglomerate that can cover it all. This might be a huge opportunity.
Bo also met and discussed with some projects who focus on quantitative trading in Japan and Russia, that have very strong technical backgrounds. Additionally, both projects comprise of experts in quantitative trading who’ve had experience in making a fortune in both the stock market and cryptocurrency world. In China, the market is even bigger, therefore, experts in China blockchain industry needs to work very hard to catch up with these top techniques.
During Bo’s trip to Russia, he noticed a trend in blockchain industry. Russia would like to invite and help move the mining companies from China to Russia, because the cost of electricity is very low in Russia. They spoke with many mining companies in China and even offered to disassemble the mining machines into parts first, transport them, then assemble them back, which could effectively avoid the high taxes. The reality is some of the Chinese mining companies have moved to Russia, while others are still speculating.
Another strategic move in the blockchain industry in Japan is focusing more on mining than before. Actually, Japan is very famous in strong chip design capability, but in the past they looked down on mining. But finally, they are awakened and have started to design chips with very high quality standards. With the developing of the mining industry, Japan begins to regard it as a renewable energy. One disadvantage of mining industry in Japan is that 55% of tax will be levies on the value cryptocurrencies mined, which is an appalling rate!
Finally, it’s been well accepted that mining, wallets and exchanges are the most important strategies in the blockchain industry. Hope this speech can give you some ideas which could help you with your exploration in the blockchain industry.
Thank you for your continued support!About Delphy
A Decentralized mobile social platform for prediction markets.
Delphy is a decentralized, mobile prediction market platform built on Ethereum. The Delphy App is a light Ethereum node running on mobile devices.
Delphy uses market incentives to allow participants in a market to communicate, instantly and transparently, their wisdom regarding the outcome of upcoming events, effectively predicting the future. We design Delphy from the start to be decentralized, which makes it difficult to manipulate prediction results.These are our official social platforms: Telegram Ann: https://t.me/DelphyANNTelegram Chat: https://t.me/DelphyCHATTwitter: https://twitter.com/Delphy_orgMedium: https://medium.com/delphyDiscord: https://discord.gg/gjWaS5MFacebook: https://www.facebook.com/Delphyfoundation/Instagram: https://www.instagram.com/delphy_org/Bitcointalk: https://bitcointalk.org/index.php?topic=2046622.0Reddit: https://www.reddit.com/r/Delphy/The Delphy Team
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ICOAGE (OP)
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May 16, 2018, 11:16:09 PM |
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Delphy’s Weekly Live Broadcast event in China — May 9th, 2018
20:00–22:00, 05/09/2018 Beijing Time
Dear Delphy Community,
We are pleased to inform you that Delphy held another live broadcast event for our Chinese community on May 9th, 2018. Mike, Delphy Product Managing Director, and Jane Zhang, Delphy Marketing Partner, co-hosted the event and provided various updates, followed by a Q & A session.
Jane commenced the event by providing marketing updates to the community:
On May 5th, a very successful meetup was hosted by Delphy in Nanning, China, which was the first stop of Delphy’s China tour. Over 200 engaging Delphy community members and blockchain enthusiasts participated in the meetup. Jane and Mike gave presentation about Delphy, the prediction markets platform, the difference between prediction markets and betting, our product updates, etc.
The meetup was attended by one of our angel investor and our current marketing consultant, SUIYUAN. He shared his knowledge and experience on blockchain as an investor and his views on the Delphy project and its dynamic team. He praised Delphy team’s persistent and hard-working attitude. Additionally, he spoke about so-called “Air coin” or “Air project”, and he is very confident about his decision of investing in Delphy and is looking forward to his journey with Delphy.
Post the presentation, Delphy team conducted a Q&A session . Please check out our Chinese blog about this meetup. http://ow.ly/oUcE30jZscn Special shout-out to our engaging community member, 孙福街, who helped out this Nanning meetup and wrote blogs about it. http://ow.ly/fY9330jZsEJ
The next stops of Delphy’s China tour will be Hangzhou and Shanghai on May 12&13, respectively.
2018 FIFA World Cup Russia is approaching and Delphy won’t miss this great opportunity that comes every 4 years. The whole team is working hard to put World Cup as a highlight on Delphy platform. Stay tuned, more will be unveiled soon!
Delphy recently recruited members of our engaging community, we welcome them to the Delphy team. Welcome Luke Lo to the Delphy family. We are continue to recruit “Delphy City Partner”, if you think you can help promote Delphy in your city and help us with meetups, etc. Please feel free to contact us- info@delphy.org.
Mike shared the product updates with the community:
On every weekly Delphy progress updates, we are updating our product status. Thank you for all the participation to our internal/public test, we received more than 400 suggestions and insightful feedback from our community. Your voice is heard and we endeavor to provide the best interaction and experience for you.
The long-waited Delphy Application on Android will launch in June!! Team is finalizing the details at this moment. Stay tuned.
Please find the link of the live stream: https://www.yizhibo.com/l/QVeLnPSahblpgdFQ.html
Thank you for your continuous support.
About Delphy
A Decentralized mobile social platform for prediction markets.
Delphy is a decentralized, mobile prediction market platform built on Ethereum. The Delphy App is a light Ethereum node running on mobile devices.
Delphy uses market incentives to allow participants in a market to communicate, instantly and transparently, their wisdom regarding the outcome of upcoming events, effectively predicting the future. We design Delphy from the start to be decentralized, which makes it difficult to manipulate prediction results.
These are our official social platforms:
Telegram Ann: https://t.me/DelphyANN
Telegram Chat: https://t.me/DelphyCHAT
Twitter: https://twitter.com/Delphy_org
Medium: https://medium.com/delphy
Discord: https://discord.gg/gjWaS5M
Facebook: https://www.facebook.com/Delphyfoundation/
Instagram: https://www.instagram.com/delphy_org/
Bitcointalk: https://bitcointalk.org/index.php?topic=2046622.0
Reddit: https://www.reddit.com/r/Delphy/
The Delphy Team
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robinsonhansomeno.1
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May 19, 2018, 08:38:44 PM |
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Very promising project, looking forward to it and token sale news.
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Gabriellla
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May 20, 2018, 05:36:08 PM |
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Love the concept of this coin. Really interesting project. Much success to you all.
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ICOAGE (OP)
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May 21, 2018, 12:35:27 PM |
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Very promising project, looking forward to it and token sale news.
Hi, thank you! Delphy completed ICO last August, DPY token is listed on gate.io and okex.com. We will launch our DAPP 1.0 Chinese version on June 1, 2018. How exciting! Join our telegram group to get latest updates: Telegram Ann: https://t.me/DelphyANNTelegram Chat: https://t.me/DelphyCHAT |
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ICOAGE (OP)
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May 21, 2018, 12:36:07 PM |
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Love the concept of this coin. Really interesting project. Much success to you all.
Thank you very much! Join our telegram chat group to discuss with us: Telegram Ann: https://t.me/DelphyANNTelegram Chat: https://t.me/DelphyCHAT |
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ICOAGE (OP)
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May 21, 2018, 12:56:32 PM |
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Delphy Weekly Progress Updates - May 17, 2018Product Updates:
Optimized settlement algorithms.
Optimized special topics function.
Completed the back-end special topics optimization and provided the market classification, feature photo management and other functions for speical topics session.
Completed the optimization of database structure of the dynamic prize pool and completed the direct control of the database.
Completed the logic optimization of dynamic pool memory cacheMarketing Updates:
Delphy co-hosted successful Hangzhou & Shanghai blockchain salons with Primas, OracleChain and ZatGo. This series of salons, aims to tap and unite high-quality blockchain projects and teams that truly posses core technologies and core values, and build zero-distance communication platforms for professional investors, outstanding developers and ultimately for the users. Mike Li, Delphy Product Managing Director, presented the philosophy and design of our prediction markets platform and provided our product updates.https://medium.com/delphy/delphy-co-hosted-successful-hangzhou-shanghai-blockchain-salons-with-partner-projects-9f90ce17aae7
Another successful Delphy weekly live broadcast event in China was hosted by Jane Zhang and Mike Li on May 9th, 2018.
https://medium.com/delphy/delphys-weekly-live-broadcast-event-in-china-may-9th-2018-75171229bebc
Fox Holt, Vice President of Business Development of Delphy, attended and was a panel speaker on Consensus 2018 at New York, USA on May 14–16, 2018. The panel discussed the relevance of prediction markets and the benefits of using the ‘wisdom of crowd’ to predict outcomes of future events. Fox, further discussed the trend and challenges of Prediction Markets projects with Bodhi, Cindicator, Stox and Blitz on the Prediction Markets Panel.
Plan of the week:
Front-end optimization of Delphy official web application
Deployment of front-end of web application
Optimize the statistical queries of individual prediction accuracy
Optimize comments function
Logical optimization at user initialization
Thank you for your continuous support.About Delphy
A Decentralized mobile social platform for prediction markets.
Delphy is a decentralized, mobile prediction market platform built on Ethereum. The Delphy App is a light Ethereum node running on mobile devices.
Delphy uses market incentives to allow participants in a market to communicate, instantly and transparently, their wisdom regarding the outcome of upcoming events, effectively predicting the future. We design Delphy from the start to be decentralized, which makes it difficult to manipulate prediction results.These are our official social platforms:
Telegram Ann: https://t.me/DelphyANN
Telegram Chat: https://t.me/DelphyCHAT
Twitter: https://twitter.com/Delphy_org
Medium: https://medium.com/delphy
Discord: https://discord.gg/gjWaS5M
Facebook: https://www.facebook.com/Delphyfoundation/
Instagram: https://www.instagram.com/delphy_org/
Bitcointalk: https://bitcointalk.org/index.php?topic=2046622.0
Reddit: https://www.reddit.com/r/Delphy/
The Delphy Team
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May 21, 2018, 09:59:40 PM |
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Delphy Co-hosted Successful Hangzhou & Shanghai Blockchain Salons with Partner ProjectsOn May 12 & 13, 2018, Delphy, in collaboration with Primas, OracleChain, ZatGo, co-hosted blockchain salons in Hangzhou and Shanghai, respectively.
This series of salons, aims to tap and unite high-quality blockchain projects and teams that truly posses core technologies and core values, and build zero-distance communication platforms for professional investors, outstanding developers and ultimately for the users.
Mike Li, Product Managing Director from Delphy, Jane Zhang, Marketing Partner from Delphy, Lyan, CTO from ZatGo, Yuqian Lu, Co-founder of Primas, Zhiyong Tan, Co-founder and Chief Scientist of OracleChain, Lixin Wang, Founder of CC-Value, Qiaomeng Huang, Investor from Fenbushi Capital, Qianfeng Gu, AP CEO from BTCmedia, etc., were invited to attend and speak at the salons. These guest speakers proceeded from their respective fields and discussed the application and development of the blockchain.
Delphy is the first prediction market platform based on Ethereum in China. It aims to bring together the wisdom of the crowd, to predict the future. Mike introduced that, by using Delphy’s prediction markets platform, on one hand, users can get rewarded by contributing their wisdom and predict correctly; on the other hand, for those who don’t know the answer about the future outcome, they can gain knowledge from others who predicted correctly on the platform, or just know how other people’s point of view about a future event, which will assist with their own decision-making process.
Mike also emphasized that, compared to betting, Delphy, the prediction markets platform is more focused on people’s cognition and wisdom sharing, which makes it easier to promote widely. At the same time, Delphy team will give users different forms of incentives to encourage users to participate in the predictions, and contributing their cognition and wisdom. Both of these factors will help Delphy aggregate a large number of users. We believe, the successful combination of high-dimensional combat strategy of “Traffic is the king” from the Internet industry, and the power of the strong blockchain community characteristics, will finally realize the true value of the project.
If 2017 is the year of ICO, then 2018 is the year to deliver i.e. product launches of the 2017 ICO projects. Delphy, ZatGo, OracleChain, and Primas are all ready to deliver in the year of 2018.
For Delphy, after two months of careful polishing, the upgraded version of Delphy Application will be launched in early June. We all agree that sports is one of the most popular application categories in prediction markets, as 2018 FIFA World Cup Russia is approaching, Delphy will highlight World Cup session in our application and we are sure you will enjoy Delphy application, as well as sharing cognition and gathering collective wisdom.
The blockchain is such a popular topic that it gathers alot of interest. The community generally believes that the blockchain will bring about the re- molding of a new production relationship and trust system.
China’s State Council has clearly stated “to take great effort to develop blockchain” into the “Thirteenth Five-Year Plan”. Professor Shousheng Zhang from Danhua Capital also pointed out several times in different meetings that “ the opportunities that the blockchain industry can provide is 10 times or 100 times of that the Internet industry could.”
The reason that Delphy chose Hangzhou as one of the first stops of China tour is that Hangzhou is the first city in China to put the word “blockchain” into the government reports. In this tide of Blockchain industry, it brings opportunities as well as challenges. Delphy believes, with our firm goal， relentless efforts and collective cooperation of partner projects in the industry, to make the world more predictable.
Delphy making the world more predictable.
Please check out the Chinese version of this summary: http://ow.ly/CiUO30k0Qsc
About ZtoGo:
ZtoGo is a blockchain -based travel project that aims to build a large-scale travel ecosystem for blockchain. The ultimate goal of ZatGo is to build a public travel chain with large numbers of all travel data, improve travel efficiency, reduce travel costs, and achieve seamless connection between blockchain technology and large travel and change the future travel world. ZatGo has launched its own big travel terminal application.
About Primas:
Primas is a high quality content platform based on DTCP (Distributed Trusted Content Protocol).Primas uses blockchain technology to ensure the credibility of content, uses economic incentive systems to accelerate the production and circulation of high-quality content, and allows readers to see personalized, high-quality content through social recommendations. Primas , will launch the main online Dapp at the end of the month. Primas will also plan to launch PrimasDNA to ensure that content can be traced back even if it is partially tampered with, providing maximum benefit protection for the originator. , to promote the creative power of original content creation.
About OracleChain:
OracleChain is the world’s first Oracle application built on the EOS blockchain ecosystem. Thecore is based on the underlying technology of the EOS blockchain to achieve inter-chain data interoperability and the effective connection between the data service provider and the service consumer. OracleChain, as an infrastructure to provide services for other blockchain applications, earlier launched the world’s first digital wallet application, PocketEOS, that actually runs on the EOS network, and will be docked with other EOS dApps.
Thank you for your continuous support.
About Delphy
A Decentralized mobile social platform for prediction markets.
Delphy is a decentralized, mobile prediction market platform built on Ethereum. The Delphy App is a light Ethereum node running on mobile devices.
Delphy uses market incentives to allow participants in a market to communicate, instantly and transparently, their wisdom regarding the outcome of upcoming events, effectively predicting the future. We design Delphy from the start to be decentralized, which makes it difficult to manipulate prediction results.
These are our official social platforms:
Telegram Ann: https://t.me/DelphyANN
Telegram Chat: https://t.me/DelphyCHAT
Twitter: https://twitter.com/Delphy_org
Medium: https://medium.com/delphy
Discord: https://discord.gg/gjWaS5M
Facebook: https://www.facebook.com/Delphyfoundation/
Instagram: https://www.instagram.com/delphy_org/
Bitcointalk: https://bitcointalk.org/index.php?topic=2046622.0
Reddit: https://www.reddit.com/r/Delphy/
The Delphy Team
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May 23, 2018, 06:18:47 PM |
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Summary of Bo Wang, Founder of Delphy’s Interview with Hecaijing
https://medium.com/delphy/summary-of-bo-wang-founder-of-delphys-interview-with-hecaijing-3e96aa682b48We are glad to update you that Hecaijing, renowned media outlet in the blockchain industry in China interviewed Bo Wang, Founder of Delphy. Bo introduced Delphy’s prediction markets platform and shared his own experience in the blockchain industry and his advice to new entrepreneurs who would plan to join in the blockchain industry.
Hecaijing: Hi Bo, could you please introduce yourself and and your entrepreneurship experience in the blockchain industry?
Bo Wang: Hi, thank you for having me here, I am Bo Wang and I started my journey in blockchain industry since 2013. At that time, people talked more about bitcoin than blockchain. My friend, David Johnson, entrepreneur and the co-founder of Factom, told me that he was a true believer in Bitcoin and not only bought Bitcoin at $10, he went all in. You know the bitcoin price was $500 the moment he told me about it. Before I thought it’s unbelievable to issue digital assets on the internet, but after this, I researched everything about bitcoin and realized that Bitcoin can truly allow online payments to be sent directly from one peer to another, which can resolve the problem of relying too much on the third party due to the lack of trust between the two parties.
Then we started to search for the next “bitcoin”. We found Ethereum, a better version of bitcoin as it allows anyone to write smart contracts and decentralized applications! In 2014, we noticed Augur and that’s where we started our interest and research about prediction markets. In 2017, Delphy Foundation was registered in Singapore, then we crowd funded, started to build our community, and have been working very hard on the product development. And now, we are very proud to announce that Delphy will launch our product in June!!Hecaijing: The FIFA World Cup 2018 Russia is approaching. What do you think of the combination of the World Cup and blockchain?
Bo Wang: Generally speaking, most of the blockchain projects can be divided into 2 categories, Public Chain and Decentralized Application. Public Chain, take Ethereum as an example, is to create an alternative protocol, or foundation, for building decentralized applications.
Delphy is on a journey to a fully decentralized prediction market ecosystem, and now our initial step is a Decentralized Application. From the very beginning, we believe that prediction market is one of the best application in the blockchain industry, which can bring social value. For example, some American government agencies, like CIA, used to use prediction markets to improve upon existing approaches to preparing strategic intelligence.
We also noticed that prediction market is a new concept in China, but as in the rest of the world. Prediction markets can help Chinese government and companies make effective and efficient decisions. That’s why we chose prediction market to be our project, as the product can be launched, there’s a real business model, there are extensive application markets, and people can truly like and enjoy it.
After over a year’s hard-working, Delphy will launch our product this June, which is right before the FIFA World Cup 2018 Russia, and we do have plans to take advantage of the once of every 4 years occasion. For example, there’s will be a World Cup session on Delphy App, where you can not only predict the games, but also related topics, such as the players, cultures, values, etc. We will bring interesting and fun experience to you, more than just the game itself. We will also have various kinds of promotions and prizes up for grab, stay tuned, more details will be disclosed soon.Hecaijing: As an early blockchain investor and a successful entrepreneur, could you please give some suggestions and advice to the new entrepreneurs in the blockchain industry?
Bo Wang: I am a serial entrepreneur and have been in blockchain industry for quite some years, the first advice I’d like to give is to make sure this project is what you really want to do before you take action.
On one hand, crowdfunding makes the project a lifetime “liability” to the founder. Compared with a couple of VC investors, crowdfunding makes the founder face a community, a lot of time it’s an international community. You are responsible for them and this responsibility is difficult to hand over to others, which means you have to make sure this project is or can be a lifetime project for you, then you are ready to work hard for it and together with your community.
On the other hand, crypto exchanges don’t close, it’s 24*7, international community doesn’t shut down, it’s 24*7, which results in the pressure to the founder is 24*7. So are you ready to face this tremendous pressure? This is another reason that I suggest you think twice before you jump into a project.
The second advice to you is that perseverance is the key and it’s really a marathon. Crowdfunding probably is the easiest step, while to launch a product, and to launch it faster and better than your competitors, then to realize the internationalization are all huge challenges.
There are tons of opportunities in the blockchain industry. If you make sure it’s your lifetime dream and are prepared, then welcome to the high-paced, huge-pressured, and exciting industry full of potential!
Please watch the video interview at https://api.hecaijing.com/index/m/videodetails?id=15260399250025592&from=groupmessage&isappinstalled=0
Thank you for your continuous support.About Delphy
A Decentralized mobile social platform for prediction markets.
Delphy is a decentralized, mobile prediction market platform built on Ethereum. The Delphy App is a light Ethereum node running on mobile devices.
Delphy uses market incentives to allow participants in a market to communicate, instantly and transparently, their wisdom regarding the outcome of upcoming events, effectively predicting the future. We design Delphy from the start to be decentralized, which makes it difficult to manipulate prediction results.
These are our official social platforms:
Telegram Ann: https://t.me/DelphyANN
Telegram Chat: https://t.me/DelphyCHAT
Twitter: https://twitter.com/Delphy_org
Medium: https://medium.com/delphy
Discord: https://discord.gg/gjWaS5M
Facebook: https://www.facebook.com/Delphyfoundation/
Instagram: https://www.instagram.com/delphy_org/
Bitcointalk: https://bitcointalk.org/index.php?topic=2046622.0
Reddit: https://www.reddit.com/r/Delphy/
The Delphy Team
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ortegaronion
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May 24, 2018, 11:47:16 AM |
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Very promising project, looking forward to it and token sale news.
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ICOAGE (OP)
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May 24, 2018, 05:03:24 PM |
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Very promising project, looking forward to it and token sale news.
Hi, Ortegaronion, thank you very much for your interest. Delphy completed ICO last August. Now DPY token is listed on： Cybex https://cybex.io/OKEx https://www.okex.com/Gate.io https://gate.io/ |
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ICOAGE (OP)
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May 24, 2018, 05:09:34 PM |
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Delphy (DPY) to be listed on Cybex Exchange on May 24th, 2018https://medium.com/delphy/delphy-dpy-to-be-listed-on-cybex-exchange-on-may-24th-2018-59eefa33352bDelphy is pleased to announce that the DPY token will be listed on Cybex, a decentralized exchange at 14:00 May 24th, 2018, Beijing Time. Cybex is the third exchange that DPY is listed after gate.io and okex.com.
Delphy will launch a DPY giveaway event based on the transactions on Cybex exchange soon. Stay tuned, more details will soon follow.
About Cybex:
CYBEX is a decentralized exchange that seeks to improve the liquidity of crypto-assets that’s more transparent and secure than the centralized counterparts currently in the market today. CYBEX is an ecosystem that’s built and operated by a network of like minded partners across the globe in a decentralized network. Its core is based on the Graphene Blockchain Library that’s highly efficient and secure, able to scale up to over 100,000 trades per second with its delegated proof of stake consensus.
Cybex official website: https://cybex.io
Where to Buy DPYCybex
https://cybex.io/
OKEx
https://www.okex.com/
Gate.io
https://gate.io/[/size] About Delphy
A Decentralized mobile social platform for prediction markets.
Delphy is a decentralized, mobile prediction market platform built on Ethereum. The Delphy App is a light Ethereum node running on mobile devices.
Delphy uses market incentives to allow participants in a market to communicate, instantly and transparently, their wisdom regarding the outcome of upcoming events, effectively predicting the future. We design Delphy from the start to be decentralized, which makes it difficult to manipulate prediction results.These are our official social platforms:
Telegram Ann: https://t.me/DelphyANN
Telegram Chat: https://t.me/DelphyCHAT
Twitter: https://twitter.com/Delphy_org
Medium: https://medium.com/delphy
Discord: https://discord.gg/gjWaS5M
Facebook: https://www.facebook.com/Delphyfoundation/
Instagram: https://www.instagram.com/delphy_org/
Bitcointalk: https://bitcointalk.org/index.php?topic=2046622.0
Reddit: https://www.reddit.com/r/Delphy/
The Delphy Team
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