OLAB.xyz – Namecheap customer – (United States)
Innovative developers use .xyz domains to showcase groundbreaking decentralized intelligence platforms. Digital asset management solution Delegate.xyz aims to reduce the risk of theft by securely delegating utility rights for NFTs to other wallets. Privacy-focused platform Shadow.xyz is reimagining data privacy and ownership in the digital age. Web3 platform Rivo.xyz aims to be a gateway to simplified DeFi. In this week’s #BlockchainThursday, we’ll introduce you to a cutting-edge platform empowering users to express their opinions and insights: OLAB.xyz.
OLAB.xyz is the online home of O.LAB, a decentralized epistemic truth machine, designed to offer transparent and objective information to decision-makers worldwide. Developed by tech startup OpinionLabs.xyz, O.LAB provides a suite of tradable intelligence products that endeavor to reshape the way intelligence is shared and traded globally. On August 22, 2024, O.LAB announced a strategic investment from blockchain-focused venture capital firm Binance Labs, highlighting support for its efforts to build a decentralized platform for gathering accurate information, though specific financial details were not disclosed.1
The platform’s product suite includes a decentralized prediction market, a dynamic opinion market, and an optimistic oracle. The O.LAB Prediction Market is designed to help users engage in predictive trading, where they can create and trade on predictions about real-world outcomes. This system goes beyond traditional models by helping users initiate topics, add liquidity, and participate in a decentralized, transparent trading environment. The Optimistic Oracle serves as a truth-verification engine, designed to ensure the accuracy of data claims by securing them on-chain. Additionally, the AlphaOrBeta Opinion Market tokenizes perspectives, helping participants exchange and trade different viewpoints in a dynamic marketplace.
Since its inception, O.LAB has attracted over 1 million registered users and processed more than 12 million transactions across multiple blockchain networks (as of August 22, 2024). 2The platform has created an inclusive environment for both seasoned traders and beginners, with trader-centric products and extensive accessibility. With the imminent launch of its closed beta O.LAB Prediction mainnet, the platform strives to push boundaries in the decentralized prediction market space.
Opinion Lab’s choice of .xyz reflects its commitment to global accessibility and innovation. The .xyz domain extension has gained popularity as a versatile domain for forward-thinking organizations, aligning with the startup’s mission to democratize information and empower users around the world. OLAB.xyz serves as the platform’s home, providing a space where users can explore and engage with O.LAB’s innovative suite of products. You can learn more by following along on X/Twitter @opinionlabsxyz and by visiting OLAB.xyz.
1.https://www.coindesk.com/press-release/2024/08/22/opinion-labs-announces-investment-from-binance-labs-to-drive-innovation-in-decentralized-epistemic-truth-machine/ 2.https://www.coindesk.com/press-release/2024/08/22/opinion-labs-announces-investment-from-binance-labs-to-drive-innovation-in-decentralized-epistemic-truth-machine/XYZ is proud to share about the many incredible members that make up the XYZ community! We encourage you to do your own research before using the products and services of the websites we feature. The information about products and services contained in this blog post does not constitute endorsement or recommendation by XYZ.
