Zeitgeist is an evolving blockchain for prediction markets and futarchy. ZTG is the native token of Zeitgeist.
ZTG is used in various parts of the core protocol. The main uses are outlined below:
Predict the base currency in which the market can be settled.
Governance tokens will be used to make binding decisions on the direction of the Zetigeist chain.
In dispute resolution, participation in the Zeitgeist court system is at stake. Holders can be rewarded for joining courts for correctly resolving problematic oracles or market disputes.
As bonds for creating markets, selecting oracles, joining councils, making financial proposals, setting up on-chain identities, voting, creating DAOs and other parts of the protocol.
The currency used for transaction fees.