Introducing Devine Protocol
A Decentralized Prediction Market On The SUI Blockchain
Last updated
A Decentralized Prediction Market On The SUI Blockchain
Last updated
Devine Protocol introduces a novel approach to prediction markets, offering a decentralized platform where users can create and participate in markets based on future events.
With a mission to make prediction markets on $SUI more accessible, transparent, and innovative, driving adoption through blockchain technology and community-driven growth.
By staking $DEVI tokens, users gain the ability to create their own markets and earn staking rewards, positioning $DEVI as the cornerstone of the Devine Protocol ecosystem.
Current Issues With Prediction Markets
Centralized Control: Many prediction platforms are centralized, lack transparency and are susceptible to manipulation.
High Fees: Traditional systems impose excessive transaction costs, sometimes as high as 10%.
Limited Market Options: Rigid structures hinder market diversity.
Slow Settlements: Delays in resolving markets frustrate users who are looking to cash out on their profits.
Introducing Devine Protocol
Devine Protocol is a decentralized prediction market, harnessing the power of the SUI blockchain.
Devine Protocol allows users to speculate on real-world events like sports, politics, while leveraging artificial intelligence for better predictions and the speed, scalability, and security of #SUI Blockchain for an unparalleled experience.
With Devine Protocol, we are redefining the way people predict future events to empower users, foster transparency, and unlock new possibilities in decentralized finance.
How Devine Protocol Solves These Challenges
Decentralized Operations: Eliminate intermediaries for trustless transactions using SUI’s blockchain technology.
Cost Efficiency: Leverage SUI’s low fees to maximize user profits and with just a 2% fee on each trade, our rates are one of the most competitive on the market.
Flexible Market Creation: Empower users to create diverse and tailored markets.
Automated Settlements: Use Move smart contracts for instant and reliable payouts.
Consensus Based Resolutions: This increased the ecosystem participation as you can also become a source of truth in exchange of rewards in $DEVI and a portion of revenue.
Key Features Of Devine Protocol
1. AI-Assisted Predictions: Our platform will in the future integrate AI (Most probably grok #AI) to provide users with advanced insights, improving prediction accuracy and enabling more data-driven decision-making.
2. Market Creation: Unique to Devine Protocol, users can create markets by staking 100,000 $DEVI tokens, enabling them to:
Define event-specific parameters. Set deadlines and possible outcomes of events. Earn staking rewards and a share of market fees.
3. Decentralized and Transparent: Built on the SUI blockchain, Devine Protocol ensures:
Secure, tamper-proof transactions. Automated settlements via Move smart contracts. Transparency through public ledger records.
4. Dynamic Real-Time Trading: Trade shares in real time as market probabilities evolve, allowing users to adjust their positions based on new information and changing outcomes.
5. Seamless Settlements: Smart contracts and decentralized resolution systems ensure immediate and fair payout distribution once markets are resolved.
Devine Protocol Tokenomics
The $DEVI token is crucial to the Devine Protocol ecosystem, enabling market creation, governance, and staking rewards.
With a total supply of 10 million tokens, $DEVI is designed to support sustainable growth and user engagement.
$DEVI Token Allocation
Pre-Seed: 15% Seed: 5% Presale: 20% Liquidity: 10% Team: 15% Marketing: 8% Staking Rewards: 27% The $DEVI token presale is projected to kick off on the 6th day of February 2025 and would last for a period of 40 days, followed by public listing Cetus, a SUI-based decentralized exchange followed by Coingecko & Coinmarketcap listings.
$DEVI will also be listed on Two top-tier centralized exchanges later before the end of Q4 2025.
Early participants can join our Telegram and Discord channels (Link in profile) for exclusive updates.
Devine Protocol Roadmap
Q1 2025 Project Conception Social Media & Website Launch Litepaper Release Initial Prototype UI/UX Development $DEVI Pre-Seed & Seed Raise $DEVI Token Pre Sale Initial AMAs & X Spaces $DEVI Token Dex Listing On Cetus More AMAs And Marketing Campaign
Q2 2025 Testnet Launch On SUI Testnet DEVI Token CMC & Coingecko Listing Strategic Partnerships With Market Makers & Liquidity Providers Devine Protocol Mainnet Launch
Q3 2025 More AMAs & X Spaces To Gather Initial Users Ambassador Program Launch To Increase Exposure Devine Protocol Liquidity Mining Program
Q4 2025 $DEVI Token Governance Governance Proposal Release
2026 & Beyond Scale New Features & Announcements
The Devine Protocol Team
Our team comprises experienced development professionals dedicated to innovation and user-centric design:
Joseph Ng: Product Manager
Harry Vu: Backend Engineer
Henry Nguyen: Frontend Engineer
Chiamaka Iheanacho: Junior Product Designer
We are on the lookout for talented individuals who would play a crucial role in bringing this novel product to fruition.
Do you think you are one of them?
Send us an email today team@devineprotocol.com
Why Are We Building on SUI?
The SUI blockchain offers a robust foundation for Devine Protocol.
Key benefits include:
High Speed: Rapid transactions ensure seamless user experiences.
Scalability: Handle growing demand without compromising performance.
Low Costs: Enable cost-effective market participation.
Security: Protect user data and funds with advanced blockchain architecture.