Floorprice Prediction Game provides a better and easier way to invest in NFTs. It allows you to speculate on the price of NFTs without having to buy the underlying NFTs. Use your market knowledge to predict if the floor price of a particular collection of NFTs will rise or fall in the near future and win if you predict correctly.
Features of Floorprice Prediction Game
Connect your wallet to start making predictions. If you don't have one, you can choose Torus to create one. Select a collection. Press "UP" or "DOWN". Use your knowledge of the market to predict if a collection's floor price will go up or down from its "start time" floor price. After the end of the round, you can receive your payouts if you predict correctly. Floorprice Prediction Market gives you the opportunity to profit from NFT price movements without having to buy NFTs and suffer from liquidity issues.
In addition, you can also use other functions:
| Trade with leverage | You can spend 0.01 ETH (or any amount) to access prices on blue chip NFT projects like Bored Ape Yacht Club, Crypto Punks, Moonbirds, Azuki and many more. |
| Short NFT | You can profit from the drop in the NFT floor price. This strategy can also be used to hedge your NFT portfolio. |
3.5% of the total pool of each round will go to the treasury for operations and marketing.
Using BendDAO
Floorprice Finance uses the BendDao NFT oracle as its price source. BendDAO — the first decentralized NFT liquidity protocol, based on a peer-to-peer pool. The Bend protocol uses the NFT floor price from OpenSea and LooksRare as price data to secure the NFT.
Bluechip NFT floor price is not easy to manipulate. In addition, the bending protocol calculates the minimum price TWAP to filter out price fluctuations in the OpenSea and LooksRare markets.