Technology
Microtick is an innovative protocol designed to foster global price agreement for any type of asset through an economic game between market makers providing quotes and traders placing bets. Microtick is a ShapeShift research project that is currently live in the form of a Cosmos SDK testnet. In this episode, Meher and Felix are joined by Mark and Kent, who are leading Microtick’s research and development. We dive into the background of Microtick and how the project developed inside of ShapeShift. Mark and Kent explain Schelling points, how the protocol works at a high-level, the notion of a short-term options market and Microtick’s use cases, which range from Microtick as a price oracle, over Microtick as a product to hedge price exposure, to Microtick as a tool to build synthetic assets. Microtick Website: http://microtick.com Microtick Testnet: http://microtick.zone ShapeShift: https://shapeshift.io/ Chorus One: https://chorus.one Chorus One Twitter: https://twitter.com/chorusone Chorus One Telegram: https://t.me/chorusone