Bispex is a prediction market platform that focuses on cryptocurrency price. The project aims to become the go-to place for making forecasts regarding future cryptocurrency price fluctuations and the overall market status. It also offers a transparent and fair community platform where participants can generate profit by opening and operating their own markets.
The project is based in Hongkong, and it has a team that is developing the platform interface and algorithm. The team created a hybrid blockchain platform based on an algorithm that analyzes statistical data that enables users to make predictions through a decentralized predictive mechanism.
Given that cryptocurrencies are decentralized, and therefore are volatile in nature, they have wide and frequent price fluctuations. This factor is precisely the reason why Bispex decided to focus on making a crypto price forecast platform.