Popular blockchain platform Waves.Exchange has just launched a new prediction market that allows users to speculate on the evolution of the covid-19 pandemic.
Users can use the stablecoin Neutrino Dollar (USDN) to buy "COVID-UP-SEP20" and "COVID-DOWN-SEP20" tokens and bet on whether the number of weekly coronavirus infections will surpass before September the 595,802 record of infections reached between April 4 and 10.
All the Neutrino Dollar tokens (USDN) used to bet on the spread of the covid-19 are locked in escrow until September, when they will be distributed among the winners.
Waves.Exchange rolled out earlier this month some prediction markets that allowed users to speculate on whether the number of confirmed weekly cases of covid-19 worldwide would increase or decrease.
However, a company representative has said Waves.Exchange has finished its weekly markets, which means that this is probably its last initiative related to covid-19 predictions.
In order to determine the winners, Waves.Exchange will use the data provided by the World Health Organization (WHO).
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