This project concerns itself with the creation of a community-based prediction market and is built on the Ethereum blockchain network; it is also mobile-enabled for easy accessibility of the product. Each of the mobile devices that run the application can be considered as one of the Ethereum-linked nodes of the platform.
This system is more about exploiting crowd wisdom to generate a baseline information system to guide how investment-related information becomes transient, and be delivered with more precise investment strategies.
There are typical prediction markets that have been operational over the years, however, their mode of business operation is highly centralized and lack of transparency thereof becomes the ultimate hindrance to the full expression of the potential of such platforms.
Delphy investment is a remarkable one, as it introduces a potential disruptive system for respective market players to substitute the current types with the functionality of a complete decentralization and blockchain-based transparency features.
DPY has just two exchanges trading with BTC, ETH and USDT. While these exchanges are becoming the most preferred exchanges for new coins that are entering the market, most long-term crypto traders may not be registered with this exchange, which means they would have to register on any of the exchanges before they can obtain the asset. As indicated, since trades occur only to the BTC, ETH, or USDT, it, therefore, means that if you want to buy Delphy, you will need any of these specific crypto assets to trade in for the DPY coin. USDT has more trading volumes in both exchanges for now, and so you might want to consider that for liquidity sakes. As an ERC20 based token, myetherwallet and metamask wallets are the currently available storage options, that is they do not have a custom wallet of their own.