Seer can help facilitate informed decision-making in the presence of uncertainty which can be beneficial to various stakeholders (decision makers) by providing market based probabilistic estimates of events such as health emergencies/outbreaks or geopolitical events.
Seer solves the problems which have previously prevented the success of prediction markets:

• Overregulation: Non cyrpto prediction markets have suffered from harsh regulations assimilating those to betting. They imposed extremely harsh limitations to the range of markets and the amount participants can trade. Despite that, they shut down the largest prediction market PreditIt last month.
  • By using crypto and being fully decentralized, participants trade between each other without any third party which could be regulated or shut down.
• Absence of liquidity and traders: Prediction markets generally suffer from poor liquidity and trading volume. It is a chicken and the egg problem: Without large liquidity, serious traders are not interested and without trading volume, it is not profitable to be a liquidity provider.
  • By having information seekers subsidize liquidity providers, we solve the chicken and the egg problem. Initially the project itself will act as an information seeker. In order to be sustainable, the project DAO will reach out to entities wishing to predict events to propose them to be information seekers.
• Negative sum games: In traditional prediction markets, the winnings of some participants come from the loss of others, if we had the fees and time spent, it makes it a negative sum game.
  • By adding information seeker subsidies, we make providing liquidity more attractive. Liquidity providers may lose a bit on impermanent loss but should get more in subsidies. Traders overall should earn more than they spend as they will earn from liquidity provider losses. Information seekers are paying but get information which is more valuable than what their subsidies cost.