Thales THALES

Thales is an Ethereum protocol that allows the creation of peer-to-peer parimutuel markets. It is used as a foundation for various on-chain initiatives, including platforms for AMM-based positional markets and immersive gamified experiences.

Thales is unique compared to other cryptocurrencies because it is an Ethereum protocol specifically designed for creating peer-to-peer parimutuel markets. These markets allow anyone to participate and offer a foundation for various on-chain initiatives, including AMM-based positional markets and immersive gamified experiences. Additionally, Thales' smart contracts exclusively support sUSD, a decentralized stablecoin, as collateral. This focus on specific use cases and collateral provides a distinct utility for Thales in the decentralized finance ecosystem. Furthermore, Thales aims to attract like-minded individuals who share a vision of open finance, fostering a community of passionate supporters and contributors to continuously improve and strengthen the protocol.