Swarm ALPHA is hosted on Telegram and integrates seamlessly with some of the platform's functionalities. While it resembles a prediction market, it's termed a deliberative prediction market.
There are two crucial layers of engagement: firstly, your individual participation in predictions on the app, and secondly, the involvement of your swarm and the treasury it utilizes in those same predictions.
To take part in predictions, you need SWC, which can be earned by playing the mini-game and winning predictions. To play the mini-game, you need lives, obtainable from daily log-in rewards and the mini-game itself. Entry into predictions requires prediction tickets; without them, you can't stake in the available predictions. These tickets can also be earned from the mini-game and daily log-in rewards.
Every day, new predictions are added to Swarm ALPHA, encompassing a wide range of topics and categories. This ensures that there is always fresh and engaging content for participants to explore and engage with. The diversity in prediction topics allows players to test their knowledge across different areas and contribute to the collective intelligence of their swarms. By staying active in the app, players can take advantage of these daily updates to enhance their experience and increase their chances of earning rewards.
Sponsored predictions and tournaments are occasionally made available in Swarm ALPHA. These events offer rewards beyond the standard SWC. Any tokens or currency provided by the sponsor will be additionally rewarded to the users. The tournaments follow a leaderboard-based reward system, while the sponsored single predictions adhere to Swarm's original means of distribution to winners.
SWC serves as the primary currency within Swarm ALPHA, and they will eventually be converted to the official Swarm cryptocurrency following the public launch.
Rewards are distributed in cycles, with each cycle referred to as a season. The reward mechanisms will evolve based on the objectives of each season.
This initial season places a strong emphasis on predictions, meaning the majority of rewards will be earned through participating in them.
As future seasons unfold, different reward mechanisms will be introduced, and one constant is that over time, Swarm rewards will become increasingly significant. Therefore, it is advantageous to find a good swarm early on.