HEDG Price Live Data
The Hedgetrade price today is $0.992947 USD with a 24 hour trading volume of $11.32K USD. Hedgetrade (HEDG) is down -22.10% in the last 24 hours.
The Hedge platform incorporates blockchain technology directly into its functionality whereby traders submit predictions into a smart contract driven "Blueprint " that will 5 execute true or false results based on real market information. Hedge rewards traders with HEDG tokens for successful predictions as paid for by the Blueprint purchasers. If the trader makes a correct prediction via the Blueprint, they will receive tokens from the purchasing audience. Otherwise, the tokens are returned to the purchaser as coded in the smart contract. This reward and automated verification system greatly enhances a trader's credibility, motivation to succeed, and earning potential.
Each smart contract is written based on parameters set by the trader using the Hedge web application. Any audience member can then 'buy' this analysis, or 'Blueprint.' Depending on the result of the Blueprint (a correct or incorrect trading prediction), the contract will then execute an outcome when specific parameters are carried out. The executed contract will affect the trader's reputation, ranking and HEDG earnings; HEDG is only awarded from the purchasing audience to the trader upon making a correct Blueprint, otherwise the HEDG tokens are returned to the audience members. This means that audience members will only 'pay' for trader recommendations with HEDG if their Blueprint is 'true,' otherwise the smart contract will execute a 'false' outcome and return the HEDG to the audience member.
The purpose of the smart contract integration into the Blueprints is to create a higher level of validation, verification and transparency of analyst performance, which in turn affects their ranking and reward.