This exciting integration enables the flow of liquidity between the two networks inside Polkadot and remote chains via Moonbeam’s connected contracts. The connection will open novel use cases and collaborations in Moonbeam’s ecosystem, thanks to the dynamic tool for assessing, testing and implementing changes that our prediction markets can provide.
Moonbeam users can eventually harness the power of prediction markets for governance, decision-making, and data exchange, enhancing their ecosystem’s capabilities for forecasting, decision support, and data-drive applications. Thanks to the innovations like Moonbeam Routed Liquidity and Cross-Chain Message Passing (XCM), Moonbeam has proven itself as a vital hub for the various parachains, and this interconnectedness is pioneering blockchain networks by allowing assets to effortlessly navigate across different parachains, including those linked to Ethereum, significantly bolstering liquidity.
We are over the moon to see ZTG accessible in the Moonbeam ecosystem and add to the already deep pool of liquidity available on the network. We hope this access opens new doors of forecasting functionality for Moonbeam builders, whilst attracting new users to the Zeitgeist platform. Further to this, the integration opens new opportunities for more assets to be made available on the Zeitgeist network, increasing accessibility to our prediction markets from across the industry.
Integrations like this between Moonbeam and Zeitgeist empower developers to experiment and create, secure in the knowledge that they can effortlessly access resources from different chains, spurring innovation. As a result, the Polkadot ecosystem is becoming more versatile and robust, propelling the growth of DeFi, NFTs, and a host of other blockchain applications.
About the Moonbeam Network
Moonbeam is a smart contract platform for building cross-chain connected applications that can access users, assets, and services on any chain. By uniting functionality from Ethereum, Cosmos, Polkadot, and more into a single platform, Moonbeam solves today’s fragmented user experience—unlocking true interoperability and paving the way for the next generation of applications. The Moonbeam platform uses integrated cross-chain messaging to allow developers to create smart contracts that access services across many remote blockchains. This approach, plus Moonbeam’s developer-friendly EVM platform, vast tool support, and modern Substrate architecture, creates the ideal development environment for building connected applications.
Zeitgeist is an open prediction market platform that is built with Polkadot’s blockchain framework, Substrate. Zeitgeist is not only building a platform but also an ecosystem for prediction markets. Users, ideas, and markets can be easily created and focused on a variety of vertices. Zeitgeist will give developers an open protocol to create an application that targets their markets.