---
title: "📅 Markets & Events"
description: >-
  Learn how prediction markets and events work, letting users trade on future
  outcomes and explore related markets grouped by shared topics.
---

> **For AI agents:** the complete documentation index is at [llms.txt](/llms.txt). Append `.md` to any page URL for its markdown version.

## 🔮 What Is a Prediction Market?

A prediction market is a marketplace where participants trade shares based on the outcomes of future events. The price of a share reflects the probability of a specific outcome as determined by market consensus. Prediction markets are used to forecast real-world events by leveraging collective intelligence.

![](https://api.archbee.com/api/optimize/9iBxGyOic4cRFh1ToOVqV/7xIKF7HcfkSM63RzSlRet_image.png)

### 📊 Key Components of a Prediction Market

1. **Question**
   - The central query or event being predicted.
   - Example: *"Will Game A reach 500,000 users by April 30th?"* 
2. **Outcomes**
   - Possible results or answers to the question, represented as tradable options.
   - Example for the above question:
     - Outcome 1: YES
     - Outcome 2: NO
3. **Description**
   - A detailed explanation of the market question, including any specific rules or context.
   - Example: *Using data and definitions from a specific Footprint Analytics dashboard, Will Game A reach 500,000  active users by April 30th?* 
4. **Resolution Source**
   - The data provider or mechanism used to determine the outcome.
   - Example: *This market will resolve yes if Game A reaches 500,000 by the given date based on data from Footprint Analytics.*
5. **Resolver Address**
   - The onchain address of the oracle or entity responsible for reporting the outcome.

***

## 📅 What Are Events?

Events group multiple related markets together under a single broader topic, allowing users to trade on different aspects of the same scenario. An event serves as an aggregator, enabling users to explore and participate in various markets within a shared context.



![](https://api.archbee.com/api/optimize/9iBxGyOic4cRFh1ToOVqV/JzAR5vwIMdg7v85uOUboE_image.png)

### 📊 Example: Event with Multiple Markets

**Event**: Which Title Will Win Game of the Year at The Game Awards 2025?

- **Description**: This market will resolve based on the game officially announced as Game of the Year.

### 📊 Markets within the Event:

1. **Market 1**: *"*Donkey Kong Bananza"
   - Outcomes: "YES" or "NO"
2. **Market 2**: *"Kingdom Come: Deliverance II"*
   - Outcomes: "YES" or "NO"
3. **Market 3**: *"Clair Obscur: Expedition 33"*
   - Outcomes: "YES" or "NO"
4. .......and so on. 

Each of these markets allows traders to express their confidence in a specific outcome. Since multiple markets are part of the same event, participants can trade across all markets to hedge or diversify their positions.