Bugu is a community based digital asset valuation platform which allows individuals and organizations to evaluate digital asset events. With the Bugu Network, the outcome of events can be accurately discovered through voting and discussions within the community. By utilizing Blockchain technology the results are both verified and transparent.
Bugu is the combination of several concepts in the Blockchain space, including smart contracts, prediction markets, basic attention models, and reserve funds. The core of Bugu is its positive reward model called CIRM. Users are encouraged to make high quality predictions, by being incentivized with the Bugu tokens.
Bugu’s first iteration will be an efficient valuation tool, which provides valuable pricing data. As more and more predictions take place, Bugu will be an increasingly effective marketplace for digital asset valuation.