Gate Head of Global Partnerships Jason Fung: The next step in the development of event contracts is to open up infrastructure and diverse applications

According to a report by Fortune, Gate's DEX infrastructure platform Gate DexBuilder has launched Prediction Builder, aimed at brokers, Web3 applications, and trading platforms. It supports partners in quickly integrating prediction market functions into existing products without the need to build a complete underlying trading and settlement system from scratch. This product was launched in August and is part of Gate DexBuilder.

Jason Fung, head of Gate DexBuilder, stated that relevant companies can quickly integrate prediction market functions without investing a large amount of technical resources to build the entire infrastructure. Gate has also initiated a $3 million funding program, with all funds coming from Gate, to provide development funding for selected projects, along with technical assistance, marketing support, and media promotion. Currently, the program is still in its early stages, and Gate is reviewing the first batch of application projects.