Typical Use Cases
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Prediction Markets: Power decentralized trading on future events. Applications include financial market forecasting, sports betting, and entertainment predictions.
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Performance-Based Contracting: Automate escrows and payments contingent on verified performance metrics. Intelligent Contracts can track deliverables in real-time and instantly release funds.
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Network States: Launch decentralized governance frameworks for Network States, opening new horizons in collaborative decision-making and self-regulation.
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Dispute Resolution: It will serve as a decentralized, AI-driven arbitration system. Compared to conventional legal routes, it will reduce costs and expedite case handling.
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AI-Driven DAOs: Form next-gen decentralized autonomous organizations managed by AI algorithms. Empower real-time governance and data-informed investments.
For more potential applications, see Build with GenLayer.
Ready to Build on GenLayer?
Whether you're looking to dive into Python-based smart contracts or explore AI-driven solutions, GenLayer provides the ideal foundation. Explore our Developer Docs (opens in a new tab) to start building.