Phoenix VC invests in Predictr.club

Dubai: Phoenix VC, a leading venture capital (VC) firm based in Dubai, UAE, on Friday announced its latest seed-stage investment in Predictr.club, the world's first P2P ERC20 prediction platform. Predictor is a newly launched platform that is decentralizing the P2P prediction segment and has just closed its first successful round of 80,000 PDCT tokens in less than 24 hours of listing on Bounce.

Surveys, Sentiment Analysis and making predictions have been a regular practice and as old as time itself. The newest trend is to back it up with capital on a decentralized prediction market such as Predictr.club. With the rise of decentralized prediction markets, anyone can earn money with their accurate prediction skills.

A prediction market is a place where anyone can come and buy predictions, just how investors buy and sell stocks on the stock market. Similar to the way investors buy shares in a company, prediction markets allow their users to buy shares in an event outcome. Users can bet on all kinds of events, such as the winner of a presidential election, the price of Bitcoin by December 31st, and more.