Fore Protocol
  • 🌎FORE Protocol
  • πŸ—’οΈWhitepaper
    • The FORE Mission
    • Predictions Markets
      • What Are Predictions Markets?
      • Centralization: What's The Problem?
      • Decentralization: The Solution
        • Transparency
        • Market-Determined Odds
        • Zero Counterparty Risk
        • Redistribution of Fees
        • Infinitely-Scalable Oracle
    • How FORE Works
      • What is FORE Protocol?
      • Key Technology
        • Blockchain Infrastructure
        • Peer-To-Peer Technology
        • NFT Market Structure
      • Market Structure
      • Protocol Roles
        • Creators
        • Players
        • Analysts
        • Dispute Resolution
      • Protocol Lifecycle
        • Creation Phase
        • Participation Phase
        • Verification Phase
        • Dispute Phase
        • Resolution Phase
      • Payout Logic
      • Incentive Model
      • Validation Model
        • Validation Process
        • Rewards And Power
        • Reward Tiers
      • Gamification Strategy
        • Tiered NFTs
        • Leaderboards
        • Play-To-Earn Badges
    • FORE Tokenomics
      • FORE Token
      • Token Utility
      • Deflationary Dynamics
      • Supply Dynamics
      • Contract Address
    • Business Model
      • Business Revenue Model
        • Protocol Fees
        • NFT Royalties
      • Go-To-Market
        • User Acquisition
        • Target Audiences
        • Go-To-Market Strategy
          • Phase One
          • Phase Two
          • Phase Three
          • Phase Four
          • Phase Five
      • Future Solutions
        • FORE Predict
        • FORE Oracle
        • FORE Audit
        • FORE Sight
        • FORE Resource
    • The FORE Roadmap
    • Afterword
  • πŸ§‘β€πŸ’»How-to Guides
    • Guide to Getting Started
      • Add Arbitrum to Metamask
      • Purchase ETH on Arbitrum for gas fees
      • Purchase FORE to use on FORE Predict
    • How to Use FORE Predict
    • How to Connect your Wallet
    • How to Create a Market
    • How to Take a Position in a Market
    • How to Validate a Market
    • How to Vote with your Analyst NFT
    • How to Mint / Buy / Sell NFTs
    • How to Dispute A Market
    • How to Claim your FORE Rewards
    • How to View your Activity on FORE
  • πŸ€“FORE Predict Pro
    • Ultimate Analyst
      • How to become a validator
      • How to maximize your earnings
      • How to become the ultimate validator
    • Ultimate Player
      • How to become a player
      • How to maximize your earnings as a player
    • Ultimate Creator
      • How to become a market creator
      • How to market your markets
      • How to maximize your earnings as creator
  • πŸ”Access
    • Regional Restriction
    • Terms and Conditions
  • πŸ“–Documentation
    • About
    • Glossary
    • Protocol Roles
      • Creators
        • Creator NFT (mNFT)
      • Players
      • Analysts
        • Analyst NFT (vNFT)
      • Dispute Resolution
      • High Guard
      • FORE Markets
        • Market Types
        • Payout Logic
        • Protocol Rewards
    • Market Phases
      • Creation Phase
      • Participation Phase
      • Validation Phase
      • Dispute Phase
      • Resolution Phase
    • Protocol Phase
      • Player Rewards
      • Infrastructure Rewards
      • NFT Tiers
    • NFT Marketplace
    • Config
      • Protocol Config
      • Market Config
    • Developers
      • Addresses and Config
      • Smart Contracts
        • ForeMarkets (Factory)
        • ForeMarket
        • Protocol Config
        • MarketConfig
        • ForeAnalysts
        • ForeToken
      • IPFS
        • Verifier NFT Metadata Format
        • Market NFT Metadata Format
        • Market Object Format
        • Base58 <->Bytes32
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  1. How-to Guides

How to Vote with your Analyst NFT

Unlock the power of your NFTs and vote with it on markets on FORE Predict. Follow our step-by-step tutorial and start participating now.

PreviousHow to Validate a MarketNextHow to Mint / Buy / Sell NFTs

Last updated 1 year ago

FORE Protocol's NFT validation model is an innovative and disruptive technology that allows NFTs to be used to vote against a market's analyst outcome. The percentage payout, or 'analyst reward', is based on the FORE locked in NFT. As an analyst, you are rewarded with bonuses when you have a string of consecutively successful validations. The NFT of an analyst advances from one tier to the next, and your locked FORE increases as you move up through tiers. On the other hand, NFTs voted against an incorrect outcome due to inaccurate validation will return to the card's base level, and the FORE locked in NFT will suffer a penalty.

Get a visual guide to "How to Vote with your Analyst NFT" by clicking to watch our video tutorial.

Step-by-step guide on how to vote an NFT on an outcome on FORE:

Step 1: In order to vote an NFT, you first need to β€œmint” a new NFT. (Users must hold FORE and ETH on the Arbitrum network to proceed, and must 'approve' spend before minting an NFT.) After successfully minting an NFT, go to the Analyst page, and select a market you want to validate.

Click here to learn

Step 2: Choose an NFT from the list of available NFTs and click 'Stake NFT.'

Note: You can vote more than one time.

Step 3: Check your wallet notification to confirm your transaction. This indicates that you intend to send the transaction to the blockchain.

Example: In MetaMask, click β€˜Confirm’ to approve your transaction.

Step 7: When the transaction is complete, you will be prompted with a confirmation message that you have successfully staked your NFT on that market.

Note: To achieve a successful validation in order to level up your NFT, you must compound your rewards into the NFT to increase its power. You are free to withdraw the rewards, but this will not increase the earning power of your NFT.

πŸ§‘β€πŸ’»
here
β€œHow to Mint an Analyst NFT.”