🛞Product Development
Last updated
Last updated
The 'v1' of our predictions market launches in May 2025, ahead of our native currency on the Ethereum Mainnet ($PAI). That, however, does not mean we will sit still in terms of development! The below paragraphs detail some of our near term development plans. Please note that the plans below are preliminary. We might shift, change or speed up our priorities after internal or external discussions with the team, community and advisors. 1. Implementation Reduced Fees for Holders Initially, every user of our platform plays a market average fee of 3% on every prediction. However, after the first 4 weeks after the launch of the platform and ERC-20 token, we will install the aforementioned reduced fees for $PAI holders, lowering the fees of $PAI holders to just 1%. All fees will be used to fund a revenue sharing program, which is a crucial aspect of our ERC-20 token and an important reason to hold $PAI. 2. Support Other Currencies Initially, users of the puntermarkets.io platform are able to bet on real world events using Ethereum, our native Blockchain. Shortly after launch (2-3 Weeks), we will enable $PAI payments. Meaning, holders will be able to use $PAI to make predictions. Besides $PAI, we will introduce the support of other crypto's, including BNB and Solana, after the introduction of $PAI as well, dependent on demand from the community. 3. UI Upgrade While the backend of our platform (i.e. how bets are created, settled and how odds are formulated) requires little aadditional upgrading after launch, we essentially launch with a v1/MVP platform UI and aim to significantly improve how the platform looks and feels after launch. We aim to have a first significant upgrade of the UI within the first month after launch. 4. And more... Punter AI, the organization and team behind the platform, aims to build additional products under the same brand and with the same native $PAI cryptocurrency. As such, and as reaches maturity and stable growth, we want to introduce different aspects and platforms in the medium- to long-term future (i.e. a Sports Betting platform and Live Casino). The start and progress of any future Punter AI products are subject to the development and adoption of and the priority / order in which new platforms will be introduced will be dependent on community and team discussions. As stated above, the development steps mentioned are initial and preliminary development priorities. As Web3 development is unpredictable, we do not tie any deadlines to the above pillars and remain realistic about the chance of shifting or speeding up priorities in different fields/aspects of the project.