Mefai’s existing revenue model is now expanding with a new economy based on a win win structure Predict system is built on a self sustaining economic model Here is how each participant earns within this predict ecosystem 1.) Those who predict correctly (Users) This is the core purpose of the market Participants who correctly forecast the outcome of an event receive their share from the pool formed by those who predicted incorrectly Knowledge and foresight directly turn into financial gain. 2.) Those who create the markets (Content creators) It is not only about making predictions Asking a good question is also rewarded A person who launches a popular or unpopular engaging prediction market that attracts many participants earns a commission called the market creator fee from the total trading volume or pool of that market This encourages the platform to stay filled with new and interesting topics. 3.) MEFAI Project and MEFAI Token MEFAI token is the fuel of this entire system Using MEFAI tokens is required to create a new prediction market or to participate in some existing ones Treasury revenue Platform collects a small commission from the total volume or from the winners profit in every market that successfully settles This fee cannot exceed 0.5 percent. Value creation Collected commissions are used for buy back and burn strategies to support the value of the MEFAI token More the platform is used the more valuable MEFAI becomes 4.) BNB Chain (Infrastructure provider) #MEFAIpredict is a decentralized application running on the BNB Chain This means that every action such as opening a market joining a market withdrawing funds or verifying an outcome is a transaction on the network. To execute these transactions users must pay very small gas fees in BNB The more popular the platform becomes and the more transactions are executed the more it increases the usage and transaction volume of BNB We also benefit from being part of this strong infrastructure. So now anyone, with or without an audience, can start their own prediction market. Users earn with their foresight. Market creators earn with their curiosity. MEFAI project earns by managing the ecosystem and supporting the MEFAI token. BNB Chain earns by providing the infrastructure for all of it. #mefai #bnb #bsc #Prediction