ZTG And Prediction Markets Come To Moonbeam
We are thrilled to announce an important partnership for the Zeitgeist ecosystem: An XCM integration with the Moonbeam network, bringing the ZTG token into their ecosystem.
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.