FORE is working together with OpenOceanGlobal. This partnership is an important step in improving the prediction system, giving more people the chance to take part in prediction markets using different assets.
The integration is based on adding OpenOcean’s MultiChain API V3 to FORE’s ecosystem. This partnership will make it easier for many people to use prediction markets. The coming together of these platforms is expected to make it easier for people to use prediction markets, especially on the Arbitrum network. It may also help to make prediction markets available to even more people.
FORE integrates @OpenOceanGlobal to open access to millions of users 🌎
FORE is integrating OpenOcean MultiChain API V3 into its decentralized predictions ecosystem, enabling millions of prospective users to participate in prediction markets using a variety of assets.
— FORE Protocol (@ForeProtocol) February 12, 2024
The things that The Collaboration can do
FORE Predict wants to change how people use prediction markets by using OpenOcean MultiChain API V3. People can easily trade in these markets using different assets like USDT, ETH, and ARB. This change will help many people access their assets and could also lead to more types of assets being included if the community wants it.
One important thing about this merger is that it could make the FORE token lose value. By changing any extra stuff into FORE tokens using market purchases, the platform makes sure that all markets use FORE for buying and selling. This system is made to increase the amount of the token, make it easier to buy and sell, and reduce its overall supply, making it more valuable for those who own it.
In the future, FORE Predict is getting ready for a future where different chains can work together. As the platform grows and connects with different blockchains, the OpenOcean integration will be important for letting people participate in prediction markets across different blockchains. This new way of thinking doesn’t just expand FORE’s ecosystem, but also fits in with the bigger idea of connected blockchain networks.
FORE’s partnership with OpenOceanGlobal is a big step in making decentralized prediction markets easier to use and more attractive to a larger group of people. By using OpenOcean’s MultiChain API V3, FORE is improving how users interact with their platform and creating a more accessible, flexible, and reducing ecosystem. This teamwork shows how working together can help bring new ideas and technologies to the decentralized finance industry.