tgoop.com/Lemonade_DeFi/167
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π#Precog takes advantage from the global #derivatives market, having the potential to make it completely #decentralized
π€But how can AI-backed protocols benefit from this industry?
Let's have a look together!
πOver the years, the global derivatives market has grown exponentially.
Latest data confirms that, in the second half of 2020, over-the-counter derivatives market rose by $300 billion, reaching >$16 trillion in value.
π₯At the same time, the #cryptocurrency derivatives market has grown at an incredible pace.
It is enough to think that, on a busy day, its #trading volume can reach >$100 billion.
This makes it five times larger than the standard #spot trading market.
As the #DeFi derivatives market gets bigger, the role of technology will be crucial.
That's where PrecogFinance comes in, helping #investors with game-changing features like AI and Machine Learning.
πSo, get ready for its #IDO on #LEMONADE!
πRETWEET
BY Lemonade ANNπ
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