Creating a PredIQt market
PredIQt is the first prediction marketplace allowing for both real-time trading & complete decentralization. This means that all markets on PredIQt are created for users, by users.
Hover over the 'Markets' tab and click 'Create' to get started
Enter a user-friendly title, brief description, and cover image for your market
Add details for how your market should be resolved
Make sure that all possible scenarios are addressed for your market so that users are comfortable betting… markets with potentially ambiguous outcomes tend to do poorly.
The most popular PredIQt markets usually include a link to a data source which should be used as the 'source of truth' for determining the market's outcome.
Set the market's Expiration Date…
Make sure that the market will definitely be resolvable on the expiration date you specify.
Submit your market!
Note there is a current 2,500 IQ deposit required to propose a market (discourages spamming)
- If your market isn't approved, you will receive an 80% refund of your deposit
- If your market is approved, this deposit will be burned, and you can recoup it + earn a profit from the 2.5% commission you'll receive (based on the total number of shares issued, at the time of market resolution)