Metavesco Unveils OTCfi Pulse, a Next-Gen Prediction Market Built for the OTC

Core Insights - Metavesco, Inc. is launching OTCfi Pulse, a community prediction market for OTC traded stocks, aimed at enhancing engagement and insight among participants [1][3] - The initiative is part of Metavesco's OTCfi ecosystem project and is designed to provide a transparent and compliant platform for forecasting stock movements [1][5] Industry Trends - There is a growing mainstream interest in prediction markets, as evidenced by the partnership between Intercontinental Exchange (ICE) and Polymarket, highlighting the recognition of forecast-based data as a legitimate financial tool [2] - Prediction markets are gaining traction in traditional finance, indicating a shift towards innovative financial instruments [3] Product Features - OTCfi Pulse will allow participants to make weekly forecasts on selected OTC stocks, with free entry credits provided to registered users [3][8] - The platform will incorporate a deflationary token utility model, where additional credits can be purchased, with a portion burned to reduce circulating supply [8] - Participants can earn rewards through a leaderboard system, with top performers receiving OTCfi tokens from a promotional prize pool [8] Future Outlook - The timing of the announcement aligns with the increasing validation of prediction markets, positioning Metavesco as a first mover in the OTC space [5] - There are plans to potentially expand OTCfi Pulse into a licensed on-chain exchange offering OTC derivatives and futures contracts if the model proves successful [5]