Earn DOGE for predicting the crypto market - beta testers needed!

[DOGEUP]

DOGE UP is an experiment that rewards its participants for helping us trade cryptocurrencies successfully.

No investment is required. Our users simply vote on whether they think the price of a crypto pair will go up and down, and we tell them when we plan on opening and closing the trade.

If the trade is successful, i.e. profitable, a portion of the proceeds are removed from the portfolio and used to purchase DOGE, which are then rewarded to the users that voted correctly.

Users who voted correctly also receive all their votes back, as well as a bonus so they have more influence over the next decision. If the trade is not taken, votes are refunded to the corresponding users.

To join the closed beta, go to dogeup.com and enter a valid email. We'll email you an invite code shortly afterwards. Be sure to check your spam folder. We are doing it this way at first to prevent people from creating multiple accounts and gaming the voting system.

I'm not expecting this project to be profitable, which is why I'm calling it an experiment. It's certainly not a service or a product. It will discontinue as soon as I run out of funding for the portfolio.

Any sort of criticism and feedback is welcomed.

https://i.imgur.com/WL8QLJc.jpg

join this telegram group to give feedback:
https://t.me/dogeup

[kryptogunner]

I think your experiment is something like Cindicator APP in some sense as your are realising the power of social prediction to make an informed decision, Cindicator also does the same where they ask your predictions and if that even occurs as per your prediction, you get points for that. They have a prize pool for every month, where at the end of month you get paid for making correct prediction on the basis of accumulated points. You may like to have a look at it.

PS: I have nothing to do with them.

[GamerSky]

Sounds like an interesting concept, I remember a website that did the same couple years ago but it allowed you to trade Oil/Gold/Silver along with USD/EUR/JPY and other currencies (can't remember the name tho).
By the way, how much DOGE would a successful prediction yield??

[Slava79]

I'm not expecting this project to be profitable, which is why I'm calling it an experiment.

I'm sorry, but I thunk you do ) This is either an attempt to collect user base or MVP testing, which is fine, just name things as they are.

Regarding the project, in my opinion the main issue with prediction markets is how to establish trust to events outcome witnesses, ie oracles. They should be numerous distributed event sources, incentivized to enter valid events outcome into blockchain.

Augur and Gnosis are working in this are and as far as I know, the solution to this problem is not a piece of cake, so to speak.

[DOGEUP]

here are some invite codes for anyone who'd like to join this project's closed beta and earn free DOGE:

https://dogeup.com/redeem/YaO9XkEajui2R4liYaGezEWvZq4rtmQO
https://dogeup.com/redeem/yteIIuXOGP3Z1PV9yXqPQxBNZ8pjprJ5
https://dogeup.com/redeem/uSCOGMZHSJd0nRwPG8NxoN0vyV64NKOL
https://dogeup.com/redeem/wXWOS183eGrRQm5gFEGlXutB8lq1XxXP
https://dogeup.com/redeem/BBRQfsjbWcqqSBIAIbNjVDP0lUfjAnwF