PredX.ai: A Rising Star in Prediction Markets Led by Penrose Tech, Testnet Tutorial Overview
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PredX.ai: A Rising Star in Prediction Markets Led by Penrose Tech, Testnet Tutorial Overview
PredX launched its testnet on February 27, enabling community members to participate in trading and co-creation events.
Navigating Web3 tides with focused insightsPredX.ai is the first AI-powered event exchange on the SEI blockchain, headquartered in New York. By leveraging AI to process trending news in cryptocurrency, technology, and celebrity domains, PredX enables users to generate custom events or trade probabilities on whether specific events will occur—commonly known as a Prediction Market.
In February this year, PredX.ai announced the successful closing of its Pre-seed funding round led by Penrose Tech, with participation from Mulana Ventures. The company is currently raising its seed round at a $20 million valuation.
PredX uses an AI recommendation engine to suggest personalized events to users, increasing order placement rates, and allows KOLs to create events for public trading and revenue sharing.
The PredX team won first place in a Silicon Valley AI+Web3 pitch competition in July 2023, competing against over 100 teams, and has filed two invention patents for AI algorithms.
PredX launched its testnet on February 27, enabling community members to participate in trading and co-create events. To thank early supporters, PredX has rolled out a series of incentive programs:
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Community members can earn points through mainnet interactions, which can later be exchanged for tokens;
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Additional Genesis NFTs will be distributed to partner communities, redeemable for extra token airdrops;
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After the mainnet launch, all transaction fee revenues will be shared with partner communities.
Points Reward System
To reward early supporters, PredX has integrated a points-based reward system. All platform activities—including registration, login, trading, swapping, creating events, and inviting friends—earn users points that can later be redeemed for airdrop eligibility (Points Guide).
PredX plans to allocate 50% of its token supply to community members, incentivizing greater user participation and contribution to enhance community engagement and activity.
PredX aims to encourage more frequent platform usage while offering tangible rewards to contributors, fostering an active and mutually supportive community ecosystem where every member’s participation positively impacts platform growth and success. You can now register your email on the official website and follow Website, Telegram, Twitter, Discord, and Medium for the latest updates.
Participation Guide
Below is the PredX Interaction Guide:
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Log in to Chainlist to connect your wallet to the SEI testnet and switch your wallet network to SEI Devnet.
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Use the link below to obtain SEI test tokens:
https://sei-faucet.nima.enterprises/
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Visit the official swap site to swap SEI—0.001 SEI equals 10,000 USDC.
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Deposit USDC into your PredX account via the official website.
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Go to the main site to select events and positions to buy, sell, and trade.
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Check out our points guide for a full list of point-earning activities—don’t miss any opportunities!
For further questions, please join the official Discord.
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