Delphy (DPY)

Delphy (DPY) is a decentralized, mobile prediction tool and data services layer for the Ethereum blockchain. It was developed by a group of academics in China and started trading in June 2017. The Delphy platform leverages Ethereum’s smart contracts to create a trustless framework for decentralized prediction markets. Its core design principle is that "if the market can make a prediction, it will be more accurate than any individual prediction.” Predictions are executed on the blockchain and the DPY token is used to incentivize the market to make accurate predictions. The Delphy team is led by co-founder Michael Ye and consists of 15 academic researchers and software engineers in China. The team is currently based in China and the United States and is advised by the likes of Dov Zakheim, a former U.S. Undersecretary of Defense for Policy. What Makes Delphy Unique? Delphy has a unique approach to market prediction and has developed a "no lose" system. This means that if the market participates and makes a prediction, they will not lose any money. Additionally, Delphy has developed a consensus algorithm that is used to improve the accuracy of the prediction market and encourage users to participate. The Delphy app also relies on two key components: a data exchange and a prediction market. The data exchange allows data owners to offer their data for sale, while the prediction market allows users to make predictions on various topics. Where Can Delphy be Used? The Delphy platform can be used to make predictions in a variety of areas. These can include predicting the stock market, political events, sporting events, and other topics. In addition, users can make predictions on a variety of topics within the platform itself. Where to Buy/Sell Delphy? The DPY token is available for purchase on a variety of exchanges including Bancor, CoinEx, Gate.io, and Kyber Network. Additionally, the DPY token can be stored in a variety of wallets including Trust Wallet, MyEtherWallet, and MetaMask.