Bodhi ETH is currently priced at $ 0.10090600, which has increased over the past 24 hours.
Bodhi ETH is a cryptocurrency token operative on the Ethereum platform. It is an integral part of the Bodhi prediction markets platform whereby the users can utilize the BOE tokens to participate in predicting the outcome of future events.
The Bodhi platform, along with its token, Bodhi ETH, was developed by the Bodhi foundation, a team of highly passionate tech enthusiasts committed to improving the prediction market industry. They aim to combine the power of blockchain technology with the universal appeal of prediction markets.
Bodhi ETH is cleverly engineered to allow users to create and trade on the outcome of finance, sports, politics, and any other type of events. It operates on smart contracts on the Ethereum blockchain. Users can utilize the BOE tokens to participate in predicting future events and outcomes. If the predictions are correct, the users earn more BOE tokens as a reward which can be used in the platform or traded on exchanges.
Bodhi ETH stands out because of the unique application of its prediction market platform. It's not just a cryptocurrency token but also a tool to engage with the Bodhi prediction markets platform. This system creates a more open, fair and decentralized prediction market platform where even humans can remain as decentralized oracles.
Bodhi ETH happens to operate on the Ethereum blockchain, which implicates it is secured by Ethereum's consensus mechanism, called Proof of Stake (PoS). This mechanism, as opposed to Proof of Work, chooses validators to create a new block based on an individual's stake or wealth of Ether. And since Bodhi operates on the Ethereum platform, it's therefore safeguarded through Ethereum's security.
As of now, the circulating supply of Bodhi ETH is 14.8M, whereas the total supply stands at 100.0M.
Bodhi ETH can be purchased on a number of cryptocurrency exchanges, but the ones that currently deal with majority of BOE trading are Gate.io. As always, please bear in mind the risks involved with trading cryptocurrencies.
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