Climat Compass
A gamified prediction market platform designed to empower individuals and communities to address climate change.
What can we do?
Gather Data
We collect vast amounts of climate data from scientific sources and IoT sensors to feed our prediction models.
Incentivize Forecasts
Users can make predictions on future climate events and earn rewards for accurate forecasts, driving engagement and insight.
Drive Action
The prediction market provides real-time feedback on climate risks, empowering individuals and organizations to take informed action.
Example
Prediction Category: Number of Heatwaves in Paris During Summer 2024 (compared to the previous 5 years)
Users can buy CLIMATE tokens and choose from these Prediction Options:
Increase: The number of heatwaves will go up
👍Decrease: The number of heatwaves will go down
👎Similar to Average: Paris 2024 summer heatwaves are at typical range.
🫤*If correct, users can keep the token and win additional tokens. If wrong, the tokens return into the system.
Benefits
Crowd-Sourced Insights
By leveraging the wisdom of the crowd, our prediction market taps into a diverse range of perspectives and expertise to generate accurate forecasts.
Decentralized Design
Our platform is built on Ethereum, ensuring transparency, security, and the equitable distribution of rewards.
Actionable Intelligence
The real-time data and insights from our prediction market empower individuals and organizations to make informed decisions and take meaningful climate action.
Implementation of Token Engineering
Welcome to the forefront of token engineering where every transaction fuels the future. At the heart of our prediction market platform lies the CLIMATE token, the catalyst for transformative change.
CLIMATE Token (Fungible)
Functions as the primary utility token. Holding CLIMATE grants various rights and allows specific actions. Predetermined supply & staking rewards (future) might aid stability.
Data Tokens (Non-Fungible)
These represent ownership to specific datasets within the marketplace. Data providers create them when tokenizing their data for sharing.
Conclusion
Navigate with CLIMATE COMPASSCLIMATE COMPASS is designed to be a versatile ecosystem where users can contribute climate data, engage in prediction markets, participate in governance, and earn rewards. By understanding the key aspects of tokenomics, users can fully harness the platform&aposs capabilities and contribute to its ongoing success while driving positive environmental attention.
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