Gate AI and XYO Launch Onchain Crypto Prediction Game Pitting Traders Against AI

Key Takeaways

• Gate AI and XYO are launching Crypto Cards, a daily game that pits users' crypto price predictions against an AI model and other players.

• The product will use Gate market data for outcomes and XYO Layer One to record predictions, creating a verifiable record of each round.

• The launch comes as prediction markets hit record activity, with Kalshi, Polymarket and Polymarket US processing $50.6 billion in July.

Gate is extending its push into prediction products through a partnership between Gate AI and blockchain data network XYO, this time adding artificial intelligence to the mix.

The companies announced on Sept. 1 that they are developing XYO Crypto Cards, a daily crypto prediction game in which users compete against Gate AI and other participants.

Unlike a conventional prediction market, where traders buy and sell contracts based on a market-implied probability, Crypto Cards uses a head-to-head format.

Each day, XYO will randomly select three crypto assets from a pool of tokens listed on Gate. Gate AI will make its predictions first, while players will have 24 hours to predict whether the same assets move higher or lower and assign them to different multiplier slots.

Gate market data will determine the result, while players' selections will be recorded on XYO Layer One before the prediction window closes.