- Blockchain technology has been making its way into several tech sectors over the years.
- One of the most fruitful blockchain collaborations has been with prediction markets.
- The Devine Protocol comes as the latest addition to the space, with its integration with the SUI blockchain.
- This platform offers scalability, can handle immense transaction volumes, and even allows users to create a prediction market for sports, macroeconomics, and more.
- The native DEVI token presale is going to kick off in a few weeks, with a 10,000,000 token supply and 20% available to the presale investors.
Blockchain technology is becoming more popular recently and is already finding its way into sectors every year.
One particular niche that has seen growth in collaboration with blockchain technology Is prediction markets.
Prediction market platforms like Polymarket and Kalshi have been using crowd-sourced intelligence for a while now. They use them to predict the outcome of future events almost accurately.
The true power of this tech niche came on full display when PolyMarket bettors accurately predicted Donald Trump as the US president during the campaigns.
This time around, the Devine protocol has emerged as a new contender. Moreover, it is on a mission to bring users the same level of action on the SUI blockchain.
Introducing the Devine Protocol
Much like the aforementioned platforms, the Devine Protocol is yet another blockchain-powered prediction market.
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Devine seeks to overcome the challenges that have long plagued traditional prediction markets, like manipulation and unfair reward systems.
It offers a streamlined alternative. That offers users everything from low fees, greater market diversity, faster transactions, and, most importantly—a high level of security.
The project’s litepaper shows that the Devine Protocol chose the SUI network specifically for its scalability and parallel transaction processing.
These features allow the network to handle immense loads when it comes to transaction volumes. It also does not need to compromise on performance or raise fees.
More Features Awaiting Users
Another aspect of this prediction market that makes it unique is its approach to market creation. Users holding the platform’s native $DEVI token, especially users who have staked at least 100,000 $DEVI, will have specific privileges. They can propose and create new markets on virtually any topic.
They can create markets that do various things, like forecasting election outcomes, speculating on macroeconomic events, and predicting sports results. This ability to create marketplaces on the Devine protocol is a breath of fresh air in an otherwise overcrowded industry.
Moreover, the Devine Protocol gives users a percentage of the market trading fees. That’s a way to reward community members for their creativity. Not only this, it also has safeguards in place to discourage the creation of unnecessary or otherwise useless marketplaces.
$DEVI Tokenomics
The $DEVI presale will kick off in a few weeks. So, early investors looking to benefit from the ongoing seed round $DEVI hits the mainstream markets can do so.
Those investors only need to send an email to [email protected] and have the rest handled for them.
As far as $DEVI tokenomics go, it has a total supply of 10,000,000 tokens (nearly half of Bitcoin’s). Besides, 20% of this supply is allocated to the upcoming presale.
It means that $DEVI has an extremely limited supply, with only 2,000,000 tokens set to go on presale.
In essence, only the quickest investors can get a slice of this cake.
Investors looking to learn more about Devine Protocol and its tokenomics can do so here.
DEX Listings will also begin immediately after the presale. Moreover, listings on major aggregation sites like CoinMarketCap and Coingecko will take place in Q2 of 2025.
DEVI stakers will also earn staking rewards. They will also have the power to vote on things like protocol upgrades, fee structures, community proposals, and many more.
Devine Protocol Mainnet Launch is Coming Right After
Whether you’re a beginner or a newcomer to crypto, Devine Protocol offers a platform that is not only easy to use but also engaging and rewarding with the best of blockchain technology.
Join the Devine Protocol’s growing community on Telegram and Discord to stay up to date on the latest updates.
For more information, press inquiries, and general project details, visit devineprotocol.com
Email: [email protected]
Website: https://www.devineprotocol.com/
X (Twitter): https://x.com/devineprotocol
Blog: https://devineprotocol.medium.com/
Source: https://www.thecoinrepublic.com/2025/01/29/how-the-devine-protocol-is-shaping-prediction-markets-on-the-sui-network/