Description
Microtick is a decentralized marketplace on the Cosmos blockchain, designed for the trading of micro futures and options. It specializes in short-term contracts, leveraging the efficiency of the Cosmos blockchain for swift transactions and lower costs. The platform operates with its native token, TICK, used for fees, staking, and governance, enabling token holders to participate in the ecosystem's decisions. Microtick aims to democratize financial markets by allowing crowd-generated liquidity, moving away from traditional market maker models. It introduces a novel approach to price discovery through a decentralized network and Schelling points, providing real-time price information without the need for trading or owning the underlying asset. This system supports free price oracles accessible by Cosmos/Tendermint Dapps or any blockchain application via IBC, ensuring broad utility within the web3 space.
Microtick is a decentralized marketplace on the Cosmos blockchain, designed for the trading of micro futures and options. It specializes in short-term contracts, leveraging the efficiency of the Cosmos blockchain for swift transactions and lower costs. The platform operates with its native token, TICK, used for fees, staking, and governance, enabling token holders to participate in the ecosystem's decisions. Microtick aims to democratize financial markets by allowing crowd-generated liquidity, moving away from traditional market maker models. It introduces a novel approach to price discovery through a decentralized network and Schelling points, providing real-time price information without the need for trading or owning the underlying asset. This system supports free price oracles accessible by Cosmos/Tendermint Dapps or any blockchain application via IBC, ensuring broad utility within the web3 space.
