FAQs

What is Forkast? Forkast is a platform where you can trade on the outcomes of future events, covering topics like esports events, crypto trends, Web3, gaming, and pop culture. It allows users to make predictions, share knowledge, and engage with events in an interactive way.

Similar to other prediction markets, Forkast offers a secure and transparent environment for trading on event outcomes. Users can explore various events, such as “Will Bitcoin remain the dominant cryptocurrency?” or “Which team will win the esports championship?” After selecting a market, you can place a trade by choosing the outcome you believe will happen.

Depending on the event, outcomes may be multiple-choice options or simple yes/no questions. Once the event concludes, you receive outcomes based on the market’s results. Forkast is designed to be user-friendly and accessible to all participants. To learn more visit Introduction.

Is Forkast an onchain or offchain platform, Web2 or Web3? Forkast combines both onchain and offchain systems. The onchain part ensures that transactions and outcomes are securely recorded on the blockchain, providing transparency and trust. The offchain part is used for processes like matching trades and running markets more efficiently. This mix allows Forkast to offer the best of both worlds: the security and transparency of Web3 with the speed and scalability of Web2. To learn more visit Platform Mechanics.

What browsers do you support? Forkast Prediction Market supports all modern browsers, including Chrome, Firefox, and Safari, for a great trading experience. To learn more visit Getting Started. Is Forkast available in all countries? Due to regulatory restrictions, deposits and trading are unavailable to U.S. persons or individuals in the United States, France, Singapore, Taiwan, Thailand, or other restricted jurisdictions.

The use of measures to circumvent or attempt to circumvent these restrictions is strictly prohibited. Please ensure you are accessing Forkast from a compliant jurisdiction. See our Terms of Use for more information.

Why use a blockchain in a prediction market? A blockchain helps make prediction markets fair and secure. It keeps a permanent record of all trades and outcomes that anyone can check, so users don’t have to rely on a central authority to trust the results. It also ensures a secure, fast way to participate in markets and claim your winnings, adding transparency and reliability to the platform.

What blockchain is Forkast built on? Forkast is built on Ronin blockchain. Ronin is a blockchain built by Sky Mavis for Axie Infinity and other blockchain-based games. It is designed to provide fast transactions, low fees, and high scalability, making it ideal for gaming and other interactive applications in the Web3 ecosystem.

What is USDC, and where can I buy it? USDC (USD Coin) is a digital currency that is always worth $1. It’s called a stablecoin because it’s tied to the value of the US Dollar, making it a reliable way to trade and manage funds.

On Forkast, USDC is converted into Platform Credits (PC) at a 1:1 ratio. Platform Credits are the currency used for trading on the platform. You can buy USDC on popular cryptocurrency exchanges like Coinbase, Binance, and Katana (swap only). On Forkast, you can also acquire USDC directly through the deposit page using your Ronin Waypoint wallet and Transak.



What are Platform Credits (PC), and how can I buy them? Platform Credits (PC) are Forkast’s internal currency, used for trading and participating in markets on the platform. They are paired 1:1 with USDC, meaning 1 PC is always equal to 1 USDC. This ensures stability and makes it easy to manage your funds on Forkast.

You can obtain PC by converting your USDC manually. This option is available through the deposit page, where you can choose to exchange USDC for PC. Once credited, PC becomes the currency you use for all trades on Forkast. To learn more visit Getting Started.

Do I need gas money to trade on Forkast? No, you do not need gas to trade on Forkast. Gas is only required when depositing or withdrawing funds.

I redeemed a credit code but my balance did not update? What should I do?

The balance should update within 5 minutes from redeeming. If that does not happen, you can check with Forkast support team.

How can I create an account? You can create an account by signing up with the Ronin Waypoint Wallet, which allows you to connect seamlessly to Forkast's platform. Alternatively, you can connect using your email or social accounts, including Apple, Facebook, and Google, for an even easier setup.

To learn more visit Getting Started.

What is Ronin Waypoint Wallet? Ronin Waypoint Wallet is a digital wallet designed for the Ronin chain. It enables users to securely store, manage, and interact with assets on the Ronin network, including trading on Forkast.

What is a proxy account and why do I need it? A proxy account acts as a middleman between your wallet and the Forkast platform. It helps ensure secure interactions, making the platform more efficient and easier to use while maintaining decentralization. To learn more visit Trading Wallets.

What is the best wallet to use - Ronin Waypoint or Ronin Wallet? Both the Ronin Wallet and Ronin Waypoint are viable options, depending on your preferences.

How can I recover my Ronin Wallet key if it’s lost? If you've lost your Ronin private key, you can recover your wallet using the 12-word recovery phrase you received when setting up the wallet. Follow the official Ronin guide here.

Is it possible to change my Forkast email? Yes, it's possible to change the Forkast email.

Why are there fees to deposit and withdraw my USDC, and why do I need to pay them? Fees cover the network costs of processing transactions on the blockchain. They are essential to ensure your transaction is securely recorded and verified on the blockchain, helping maintain the network's security and reliability. What are the fees for buy and sell orders? Forkast does not charge fees on buy orders. However, a 0.75% taker fee is applied to sell orders, deducted from your position at the time of sale.

What is a Taker Fee?

A taker fee is charged when an order removes liquidity from the market by matching with an existing order.

Currently, Forkast covers all maker fees, meaning placing buying orders is free.

Why did the network fee become more or less expensive? Network fees fluctuate based on blockchain congestion and the complexity of your transaction.

I deposited USDC using my external wallet to my deposit address, but my funds aren't appearing. Ensure the transaction was confirmed on the blockchain with Block Explorer. If it was, contact Forkast support with your transaction hash for assistance. 

How is the network fee calculated? Network fees are calculated based on gas prices and the computational resources required for your transaction on the blockchain.

Why is my debit or credit card not working? Ensure your card supports cryptocurrency transactions. Check for restrictions from your bank or card issuer.

I had an old, pending manual deposit/withdrawal, and I can't find it anymore. What happened to my funds? Check if the transaction was refunded or completed. If unresolved, contact Forkast support.

10 minutes have passed, and I still haven't received my funds. Blockchain transaction times can vary. Check the transaction status on the Block Explorer. If unresolved, contact support. FAQ: I redeemed 500 PC, but only 499.99 showed up in my wallet – why does that happen?

Due to the nature of blockchain transactions, PC (Platform Credits) supports up to 6 decimal places, and trading fees are also calculated with decimal precision. This can sometimes lead to small rounding differences between the amount displayed on Forkast and the actual on-chain amount.

For example:

This behavior is common across other blockchain platforms, including Polymarket, and we are actively exploring ways to minimize the impact. If you have any concerns, feel free to reach out to our support team. To learn more visit Getting Started.

Why am I seeing the error message "You have reached the maximum amount allowed" when trying to deposit more USDC into my Forkast account?

Forkast has a 9,999 Platform credit purchase limit per user. If your total deposits reach this cap, you'll encounter this error. If you haven't hit this limit yet and are receiving this error, please reach out to our support team.

What is a market? A market is a place where you can trade on the outcome of an event. For example, you can trade on questions like “Will El Salvador give Bitcoin to its citizens in May?” or “Which team will win the esports championship?”

As people trade, the market shows the current likelihood of each outcome based on everyone’s trades. It’s a way to see what the community thinks will happen and participate in the prediction yourself. What sets the probabilities on a market? The probabilities in a market are based on how people trade. For example, if more users are buying "Yes" shares, the market will show a higher chance of "Yes" being the outcome. Similarly, if "No" shares are in higher demand, the market will reflect a higher chance of "No."

This means the probabilities constantly change based on everyone’s trades, showing what the community thinks is most likely to happen.

What are the different types of markets? Markets can be binary (Yes/No outcomes) or multiple-choice, depending on the nature of the event.

I have a great idea for a market. Do you take suggestions? Yes! Forkast welcomes market suggestions. Join our Discord Contact our support for more information of suggesting new markets.

What is a token? A token is a type of digital currency or asset that exists on a blockchain. Tokens can be used for various purposes, like trading, accessing features on a platform, or even voting on decisions in a community. Think of it as a digital key that unlocks specific benefits or functions in a system. What is the $CGX token and what is it used for? The $CGX token is the utility token used across Forkast and Community Gaming. It powers features like unlocking monthly loot boxes, participating in decentralized leagues, and creating new prediction markets. To learn more visit $CGX Token Where Can I find $CGX contract? If you're looking for the $CGX token contract address, you can find it on both CoinGecko and CoinMarketCap To learn more visit $CGX Token

How do I stake/unstake my assets? To stake your assets:

To unstake your assets:

How do I withdraw assets from Forkast to another platform? If you wish to move the assets from inside your Ronin Waypoint wallet outside of it, you need to import it to the Ronin Wallet Browser Extension, following the guide here.



What do users get from loot boxes? Loot boxes can contain various rewards, including platform credits, NFTs, or other in-game assets. The specific rewards depend on the type of loot box and the current reward pool.

I opened loot boxes, but nothing came to my account. Why?

Claiming your loot box rewards involves two steps, each requiring a separate transaction. First, you open the loot box, and then you claim the rewards. The rewards are granted when you complete the claim step and are sent to your Sign-In wallet. To use them, you’ll need to transfer them to your trading wallet, which can be done for free.



What is the benefit of staking? Can I get anything other than loot boxes for long-term staking? Currently the staking program offers rewards in the form of loot boxes only.

What is a Loot Box? A Loot Box is a digital reward that contains random items or bonuses. On Forkast, Loot Boxes can include rewards like Platform Credits or other in-game benefits, which you can unlock monthly using the $CGX token. It’s a fun way to earn extra perks on the platform. To learn more visit Staking & Loot Boxes. Can I receive a lootbox by trading? No, lootboxes can only be obtained through staking. To learn more visit Staking & Loot Boxes.

How can I get a Loot Box? You can earn Loot Boxes by staking CGX tokens. The rewards depend on the type of box: Bronze, Silver, or Gold. To learn more visit Staking & Loot Boxes.

What can I find in a Loot Box? Loot Boxes include Forkast Platform Credits and exclusive items from partnered games. The content varies based on the box tier.

How do we know that Forkast Loot Boxes are random? Forkast loot boxes use the Supra RNG (random number generator) service to ensure fair and transparent rewards. The probabilities of each item are publicly disclosed, so users know the chances of getting rare items. In the future, token holders will be able to vote on loot box contents, making the process even more community-driven. To learn more visit Staking & Loot Boxes.

What is the difference between a Market Order and a Limit Order? Market Orders A market order is used to buy or sell shares immediately at the best available price. Example: If you place a market order to buy 60 shares of "SKT T1-Win, Yes," the system will instantly match your order with the best offer in the order book, such as 60 shares at $0.60. Limit Orders A limit order allows you to set a specific price to buy or sell shares. The trade will only happen if someone matches your price. Example: If you place a limit order to buy 75 shares of "SKT T1-Win, Yes" at $0.50, the order will remain open until a seller is willing to sell at that price.

How does the Forkast referral program work? To earn referral rewards, the person you refer (Person B) must meet specific criteria. Person B can either spend a minimum of $5 USDC on the platform, such as through trading, converting USDC to Platform Credits, or participating in markets. Once these requirements are fulfilled, you (Person A) become eligible for the referral rewards. What do I win by referring others? When your referral (Person B) meets the criteria to become a successful referral, both of you receive rewards. As the referrer (Person A), you earn 10% of the trading fees generated by Person B for the next 6 months. These rewards are paid in Platform Credits, which can be used for trading on Forkast.

Meanwhile, your referral (Person B) gets a 25% discount on trading fees for the first 3 months after signing up. It’s a win-win for both parties! To learn more visit Referral System: How It Works

What do I need to do before I can start trading? To start trading, create an account using your email or social login. After that, deposit USDC into your Forkast account to begin trading.

How should I decide whether to buy shares? Shares represent your guess about the outcome of an event. In a prediction market like Forkast, the price of a share shows what other users think the chances are. For example, if a "Yes" share costs $0.60, the market thinks there’s a 60% chance the event will happen.

If you believe the actual chance is higher or lower than what the price suggests, you can buy shares to back your opinion. As more people trade, the prices and probabilities may change based on new information.

I've changed my mind about a trade. Can I sell my shares? Yes, you can sell your shares anytime before the market resolves.

When does a market close? Markets close when the outcome is decided, or at a predetermined time.

What are my shares worth if I hold them until the market is resolved? Shares are worth $1 each if the outcome matches your prediction. Otherwise, they are worth $0.

Can I own both ‘Yes’ and ‘No’ shares for a market at the same time? Yes, holding both positions is possible.

I received an error when I submitted my trade. What do I do? Retry the transaction after a few seconds. If the issue persists, contact support. Where can I check my activity and order history? You can track your open buy and sell orders and view your market participation on the Portfolio page. Inside, you'll find tabs like "Open Orders" and "Activity" to navigate your transaction history.  Additionally, you can share your positions directly on social media using the "Share" button.

What criteria are used to sort the Leaderboard? The Leaderboard is sorted based on two primary criteria:

What happens when a market resolves? When resolved, winning shares pay $1 each. Losing shares are worth $0.

What should I do when a market resolves? Claim your winnings by redeeming your shares.

Can there be more than one winner in a market? Yes, in multiple-choice markets with several correct outcomes. What happens to unfulfilled buy orders when a market resolves? If a market resolves before your buy order is fulfilled, the order is automatically canceled, and your funds are fully refunded.

Are my deposited funds secured? Funds are held in a secure proxy wallet linked to your account.

Will you ever ask for my private key? No, Forkast will never request your private key. Keep it secure at all times.

Why do I have to set a spending cap when claiming my rewards? When you're claiming your $CGX rewards the platform auto-stakes a part of it. When staking CGX tokens on Forkast, users must approve a spending cap, which limits how many tokens the staking contract can access. This security feature ensures that tokens can only be used with explicit approval, preventing unauthorized access and improving transaction efficiency. Users can set a specific cap or select "Max" for a one-time approval to avoid repeated confirmations.

Qualifying for the Leaderboard – Understanding Total Investment

To ensure fairness and active participation, users must meet a minimum total investment requirement to qualify for the leaderboard rewards. Here’s everything you need to know:

What is Total Investment?

Total investment refers to the sum of all buy-side orders a user has placed during the competition period. It represents the actual funds committed to purchasing assets, excluding sell-side trades.

What is the minimum total investment required?

To be eligible for the leaderboard, a user must have a total investment of more than $5 within the competition period.

How is total investment calculated?

We sum up all the buy orders executed by a user throughout the week. Only successful buy trades contribute to this amount—sell orders do not count toward the total investment requirement.

If I invest exactly $5, will I qualify?

No, your total investment must be greater than $5 to meet the qualification criteria.

Do sell trades count toward total investment?

No, only buy orders contribute to the total investment calculation.

Why is there a minimum investment requirement?

The minimum total investment ensures that participants are actively trading and contributing to the market, making the competition fair and rewarding engaged users.

By meeting the minimum total investment of more than $5, you’ll secure a spot on the leaderboard and have a chance to win up to 1,000 $CGX!