Predigy, the AI-powered gaming technology venture founded by industry visionary Kent Young, announced the launch of Predigy Edge. This groundbreaking prediction technology (patent pending), is designed specifically for state-regulated gaming markets in the US, providing operators with a compliant, competitive alternative to federally regulated event contract platforms.
Predigy Edge enters the market as an industry first, allowing state-licensed operators to license and deploy a sophisticated prediction market equivalent product within existing regulatory frameworks. While traditional prediction markets have primarily operated under CFTC (Commodity Futures Trading Commission) jurisdiction, Predigy Edge bridges the gap, empowering state-regulated entities to offer these high-demand applications directly to their players. Predigy Edge offers prediction equivalent products, including and beyond sports applications, utilizing a binary bet weighted application.
Utilizing advanced liquidity and proprietary “edge” functionality, unlike standard “exchange” models that often struggle with thin liquidity, Predigy Edge features a proprietary LMSR (Logarithmic Market Scoring Rule) engine. This advanced automated market maker provides:
• Guaranteed Liquidity: Continuous pricing and availability, ensuring users can always enter or exit positions without waiting for a counterparty.
• Superior Competitive Application: A robust feature and content set that rivals or exceeds the prediction markets currently offered by CFTC-regulated operators.
• Adaptive Pricing: An AI-driven environment where prices reflect real-time probabilities with smooth price impact, even during volatile events.
“The launch of Predigy Edge represents a pivotal moment for state-regulated markets. As prediction markets explode in popularity, our technology ensures that state operators aren’t left behind. We’ve built a product that doesn’t just mimic an exchange; it uses a high-performance LMSR engine to create a dynamic, immersive wagering experience that is tailor-made for the nuances of state regulation,” said Kent Young, Founder of Predigy.
