Use Cases

PORPOISE offers a superior solution for reputation building and prediction crowdsourcing. It is open and accessible to any individual with access to a wallet and internet connection. There are many potential use cases of PORPOISE. The following are just a handful that stand out to PORPOISE’s authors.

1. Personal reputation building

Individuals can use PORPOISE to freely build their individual credibility similar to the use of Massive Open Online Courses (MOOCs). An individual can generate their own surveys or use public surveys to build a record of their predictive capabilities and knowledge on particular subjects. For example, an individual could prove they are in the top 1% of skilled futures traders for public equities markets. Without needing a large amount of capital or a wall-street job they can predict market movements and simulate trades. Future development could allow individuals to tie their PORPOISE scores to other web 3 identities or to web 2 platforms like LinkedIn.

2. Expert prediction marketplace

PORPOISE enables a peer-to-peer prediction market similar in function to gig economy platforms like Fiverr. Prediction buyers can pay individuals for their future predictions with predictors ranked by their past performance scores.

3. Crowdsourcing prediction marketplace

PORPOISE enables a prediction crowdsourcing alternative to betting markets. A survey Creator can tie a PORPOISE token bounty to a public survey to incentivize individuals to respond in order to gather a prediction for their own use.