Abstract

Foreon Network is a community-driven prediction market platform that harnesses the power of the Cardano blockchain to foster a transparent, secure, and efficient environment where users can create and trade in markets predicated on the outcomes of future events.

Foreon Network democratizes financial forecasting by allowing users to directly engage with, and benefit from, their insights into upcoming events across various domains.

$FRN, the native token of the Foreon Network, is intricately designed to serve dual purposes within our ecosystem.

It not only facilitates market creation by enabling token holders who lock a certain amount of $FRN to initiate new markets but also empowers them with governance capabilities.

This dual functionality ensures that $FRN holders can shape the evolution of the Foreon platform, promoting a decentralized and user-led governance structure that aligns with the core principles of the blockchain.