The 42.space behind the Trench of the Incident in Bian is firing news, sports, and money at Meme

Original Odaily Daily@OdailyChinaI'm not sure

Author Asher@Asher 0210I'm not sure

Following the announcement of the integration of Predict.fun in April, the currency is forecasting to re-energize the market。

On the evening of May 25thThe money banker announced a new feature, Event Rush。Users can trade coins for the results of real world events such as sports events, encrypted monetary price targets or news. The blogger says:This function is supported by the 42. Space protocol on BNB Chain, THE USER CAN USE THE USDT ON THE BSC TO PURCHASE EVENT TOKENS AND SELL THEM OR HOLD THEM UNTIL THE END OF THE EVENT。

What is a space? How is it different from traditional forecast markets? The Odaily Daily has brought you an analysis。

42. Space: Dealing with real events like meme coins

Space is an agreement that transforms real world events into tradable assets in the chain, widening to some extent the boundaries of the forecast market. By using Bonding Curves to build event results into a Token launch platform, 42.space allows users to create and trade assets linked to real world events。

42. project officer network

Unlike the traditional binary forecast market, space packages multiple possible outcomes for each event into separate ERC-20 tokens, which are then issued and priced through the Bonding Curve mechanism。Simply put, it does not allow the user to buy only “yes” or “no”, but rather to convert the concrete result into a tradable event token。

For example, on & nbsp; 42.space, “Polymarket in the FDV event one day after TGE”, where the FDV is divided into multiple fixed zones, the user trades the corresponding result token “where will it end” rather than trading “yes” and “no” at the same time as the traditional forecast market. In other words, the user can only buy “YES” in a particular section and cannot buy “NO” in a separate section。

On space "Polymarket in TGE later on the FDV event"

This mechanism allows42. Space is more like an event version Pump.funi don't know. each result has its own price, supply and market value, and the more people buy, the higher the price; the price falls when sold. as liquidity is provided automatically by the bonding curve, the user does not have to wait for the counterparties or hold it until the event is finally settled, but can buy or sell it at any time before the event ends。

as a result, the transaction logic of 42.space is not just a judgement of right or wrong, but an additional layer of “emotional trading”。If a result warms up because of KOL-led, market-driven changes or an influx of funds, it may be pushed up as quickly as a low market value of Meme; in turn, if the heat subsides or large households sell it, prices fall quickly。

This also led to a marked difference between the 42.space and well-known forecast markets such as Polymarket, Predict.fun. The latter is closer to a probabilistic transaction and the price mainly reflects the likelihood of an event; and42. space is more like an event asset transaction, with prices affected by real probabilities, short-term emotions and financial inflows。

Space transforms the forecast market from a “collateral result” to a “scramble incident”. It gives real-world events meme-currency trading experience and dissemination properties, but it also means more volatile and speculative, with users likely to benefit from price fluctuations before settlement, or to be the receiver at emotional heights。

42. space and predict.fun are not racing horses, but two paths for the currency bets to predict markets

As before predict.fun had access to the main station of the coin, and now 42.space has access to the wallet of the coin through Event Rush, both of which are YZi Labs EASY Graduation for the second season, the market naturally raises a question:Will the two projects, also labelled as predictive markets, create direct competition within the monetary environment

in terms of product positioning, they are not a substitute for the same product logic. predict.fun is closer to a purely forecasted market, with a central focus on accounting, profitability, liquidity and settlement, with users mainly playing probabilistic games around whether or not the event results occur. 42. space, on the other hand, is more like an event-based monetization platform, packaging the different outcomes of real-world events into stand-alone coins and trading through the bonding curve mechanism, where prices depend not only on the event itself, but also on entry times, financial inflows and market sentiment。

This meansthe user is more concerned about whether the result is likely to happen, and the user is more concerned about whether the result will be bought by more people on 42.space。Even if the final direction is correct, if the price is too high, the returns may not be ideal; in turn, if the results of the subsequent warming are bought early, they may be profitable by selling before the event is settled。

So 42.space is not a substitute for regulation.fun. The former prefer memeization, recreationalization and event asset trading, suitable for small capital, high turnover, hot spots, and the latter favour probabilistic trading and forecasting markets themselves, better suited to carry the ongoing game around event outcomes。

The fact that the two are subsequently supported by the ecosystem of the currency does not mean that the currency is re-racing in the same track, but rather that the market-related products are projected to be pushed further towards the core flow entrance。Only 42.space  Meme Properties for amplifying Incident Transactions, Predict.fun carries more standard projected market demand within the currency ecology。

Transaction process

How to experience Event Rush in a currency purse, with the following operating procedures:

STEP 1. ENTER THE EVENT PAGE。Click Events at the top after opening the Market page after choosing a Wallet after entering the currency App。

STEP 2. SELECT TO PREDICT EVENTS。Browses the list of events, selects the event in which you want to participate, and clicks on the Transaction。

STEP 3. ENTER THE PURCHASE AMOUNT。After entering the corresponding event, select or enter the amount of the purchase, and click " Buy in " after confirming。

STEP 4. CHECK MY POSITION。I'm going to go to my warehouse and check the hold, the profit and the return。

Operational diagram