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Many traditional prediction markets have drawbacks such as lacking ability to engage users and not having a lot of dynamic interactions occurring. Most prediction markets today look like an old spreadsheet when viewed with spreadsheets in mind. While there are many places to monitor public sentiment about speculation and other topics, these kinds of platforms do not provide any way for users to have real-time user interaction, such as communicating with each other or committing to vote or otherwise make their voices heard the way that social media does.
To address this problem, NeoSoul, a company providing AI-enabled prediction technologies, is trying to address this outdated system by partnering with a decentralized social networking site called UXLINK to create more engaging prediction methods.
This partnership aims to combine UXLINK’s large social graph network with NeoSoul’s advanced AI reasoning technology. They plan to change classic chat rooms into environments run by users that have better interactions and built-in financial capabilities.
Injecting Social Graphs into Predictive Infrastructure
Traditional prediction markets are isolated from everyday discussions and conversations and isolated from one another, forcing traders to navigate a separate interface for browsing and placing bets on the odds. Due to the way prediction markets work, we often miss the natural social conversations that influence the probability we assign to the outcome of an event. UXLINK’s social infrastructure can harness exactly this effect by providing an ecosystem for users to connect with each other via UXLINK while providing an interface for trading.
UXLINK focuses on ensuring that real world relationships and communication networks are translated into the blockchain. This partnership will ensure that these critical data sources for real-time messaging signals and valuable social graphs remain available. These predictions will be made from live trust metrics, sentiment, and natural interactive flows instead of plain order books.
Deploying AI Reasoning Agents for Enhanced Accuracy
NeoSoul leverages Artificial Intelligence (AI) powered technology to categorize social sentiment data collected from human beings. This is accomplished through an advanced reasoning agent which can process vast quantities of data relating to human conversations in a timely manner. This helps generate structured insights while reducing noise and emotional bias in the extracted information.
Autonomous agents are more rational than people and will make decisions based on math rather than on panic or bias. Recent conferences for blockchain technology, including the ChainCatcher Hong Kong Forum, note that AI is considered an improved way of investing in certain analytics because of its ability to analyze data unemotionally. NeoSoul agents analyze the conversations in the community and continuously convert the information in chat rooms into valuable, actionable, and influential market insights.
Transforming Chat Rooms into Liquidity Layers
The goal of the partnership is to redesign the digital chat room by having community spaces act as local liquidity layers instead of just being a way to hold discussions. When users are discussing future events, political races or market trends, their thoughts will be seamlessly converted into tradable and fluid market positions using the underlying AI and social structures.
The collaboration between UXLINK and AdaptHF combines SocialFi and AI in a clear way, as shown in their recent publication. Using decentralized social data and automated systems, they are developing what is considered the “gold standard” for decentralized finance. This approach sets an example for other companies while creating pathways that future generations can benefit from.
Conclusion
This partnership between NeoSoul and UXLINK will greatly change the way decentralized communities think about how to create collective intelligence in a decentralized world. The new ability to transform a basic spreadsheet into an online, conversational ecosystem powered by AI creates prediction markets that are more user-friendly, engaging, and indicative of real human feelings. The deployment of these reasoning agent systems in social networks will eliminate the distinction between discussing future events and investing in them.