Building the future of prediction
With Foreon, you can bet on future events, while also getting unbiased real-time forecasts on events that matter most to you.
The First Prediction Market On Cardano
The current state of prediction markets is flawed as the current players lure users with the promise of quick wealth, utilizing various tactics to maximize returns while providing minimal benefits to users.
Foreon Network will do things differently as we are building an information market platform where users can trade on the predicted outcome of future events, creating a share portfolio based on their forecasts to earn a return which offers an alternative to betting platforms with high fees, restrictions, and poor accessibility.
How It Works
You can start putting your ADA where your mouth is using your favorite crypto wallets like (Nami, Eternl, Typhoon)
Connect
Connect your Cardano wallet, such as Nami or Eternl, fund your wallet with ADA to be able to bet on outcomes of future events.
Trade
Bet on future events by buying shares in the markets you know best.
Profit
Sell your shares at any time as the odds change and After the market resolves, redeem your winning shares and profit
Core Features Of Foreon
Foreon is a decentralized prediction market protocol that in the future enable anyone who has a Foreon NFT to establish a market for any event, with the governance operated and owned by the community of $FRN token holders.
Decentralized & Non Custodial
Foreon Network is decentralized, meaning that predictions are controlled by smart contracts operating on a distributed network of computers that is not controlled by any single entity and outcomes resolved by decentralized Oracles.
Built On Cardano
The Cardano blockchain's high level of security, scalability, and transparency makes it an ideal platform for decentralized prediction markets, and it is on this blockchain that the Foreon Network is built.
Bet On The Outcomes Of Future Events
Anyone can bet on the outcomes of any market that you believe is worth predicting. Whether it's a political election, a sports game, or even the weather.
Automatic settlement
Foreon Network offers automatic settlement of payouts through smart contracts once an event's outcome is determined, promoting transparency and confidence among participants without the need for a central authority.
Future Stablecoin Integration
Foreon Network is exploring possible stablecoin integrations like $USDM with the goal of reducing volatility and providing users with an easy and convenient way to participate in a fair and efficient decentralized prediction market.
Low Fees
Foreon Network's transaction fees are only 2.5%, lower than traditional betting platforms like Betfair that charge 5-7% of net winnings. This feature ensures that users can participate in the market without high costs.
Foreon Token
Foreon Network's $FRN token is a utility token to incentivize participation, increases liquidity, and in the future enhance governance for a fair and efficient participation in a decentralized prediction market.
e69eaae4740f240ba9dfffd0ed6b7cb34070efe567e2ec841e3b7562
$FRN Policy IDForeon
Token Name$FRN
Token Symbol10,000,000
Total SupplyCardano Blockchain
Token Type6
DecimalsForeon Tokenomics
800,000 (8%)
Team2,600,000 (26%)
NFT Bonds900,000 (9%)
Vault400,000 (4%)
ISPO2,300,000 (23%)
Farming800,000 (8%)
Liquidity1,500,000 (15%)
IDO Allocation700,000 (7%)
MarketingFrequently Asked Questions
What is Foreon Network?
How does Foreon Network ensure fairness?
What fees does Foreon Network charge?
What is the $FRN token?
How can I buy $FRN tokens?
Is it safe to use Foreon Network?
Is Foreon Network hiring?
Join Foreon Team
Join our team at Foreon Network as a frontend, backend developer or smart contract engineer.
We are seeking talented and driven individuals with a passion for creating fair and efficient markets using blockchain technology, particularly the Cardano Blockchain.
Apply now to be a part of our team