Token Utility

L3P Tokenomics - Know more about where to use your L3P

L3P is used as a curation mechanism and a settlement & dispute system in FansPredict - where you are able to perform:

  • Prediction Markets Creation: In future versions (after Alpha) of FansPredict, L3P is required for users to open new questions (or markets) on FansPredict. If you want to know the future and receive the wisdom of the crowd, you must use FansPredict.

  • Oracle Dispute: L3P is used in a bonding system that leverages the wisdom of the crowd to arrive at a truthful event resolution based on distributed consensus. You can read more about how market resolution works.

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