Markets & Events

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 key components of a prediction market question the central query or event being predicted example "will game a reach 500,000 users by april 30th?" outcomes possible results or answers to the question, represented as tradable options example for the above question outcome 1 yes outcome 2 no 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? 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 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 example event with multiple markets event which ronin game will hit 500,000 daily active wallet next? description predict which ronin game will achieve the onchain milestone of reaching 500,00 daily active wallets first markets within the event market 1 "will pixels hit 500k daily active wallet next?" outcomes "yes" or "no" market 2 "will wild forest hit 500k daily active wallet next?" outcomes "yes" or "no" market 3 "will lumiterra hit 500k daily active wallet next?" outcomes "yes" or "no" 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