[ANN][DeFi] Polkamarkers-Gamified Prediction Markets Powered by DeFi, NFTs & DOT

[rig4hodlers]

Website - White Paper - Tokenomics - Twitter - Medium - Telegram - Linkedln

Gamified Prediction Markets
Powered by DeFi, NFTs and Polkadot.

Polkamarkets is a DeFi-Powered Prediction Market built for cross-chain information exchange and trading, where users take positions on outcomes of real world events–in a decentralized and interoperable platform on Polkadot.

The Product

Users can monetise their forecasts of future outcomes and events within an interoperable and decentralized infrastructure, where your beliefs become assets with financial value traded openly on the market.
Buy & Sell fractions of event outcomes, or even create your own events where others can take their own positions.
Participate & Provide Liquidity to Earn.

Entertainment DeFi

More than just a prediction market, Polkamarkets will have important entertainment features. These include NFT-based gamification, live streaming integration for in-play positions on Esports & Sports, and daily crypto price markets. Live chats and virtual events in online communities will also form a key entertainment value-add to our platform.

The Problem

Currently, existing prediction markets suffer from key problems such as lack of liquidity & markets, lack of traders, and duplicate or confusing markets. Total prediction market volume averaged less than $1M USD per day in 2020 and even less in years prior.

With such low volumes, it is impossible for traders to adequately hedge against future outcomes or take any sizable positions.

With low volumes comes low liquidity and therefore low fees for platform providers due to the lack of active traders. A death spiral ensues as we have seen with existing prediction markets with virtually no users or daily volume.

The Solution

Polkamarkets aims to solve the low usage & volume problems by incentivising liquidity providers and traders to facilitate & take large positions, while a system for curation and resolution ensures efficient and trustworthy markets. The platform will also leverage tried and tested DeFi incentives such as liquidity mining and yield farming to incentivise daily active use.

As an “Entertainment DeFi Platform'', Polkamarkets will offer Sports and Esports daily markets with live feeds of events alongside forecasting. Users will be able to watch their favorite teams play while making live, in-play forecasts about the game’s outcome.

Live odds and automated market makers will dynamically adjust odds based on users’ forecasts on the markets. As users trade outcome fractions, they will mine $POLK tokens that they can later use to open their own prediction markets on Polkamarkets.

Website - White Paper - Tokenomics - Twitter - Medium - Telegram - Linkedln

[rig4hodlers]

Reserved for project updates or important news/changes.

[coinswebid]

just want to give you an informations and maybe its a litle bug in your thread above, the website link is going to exeedme.com mate
hope you will fixed as soon as possible
thanks

[sukoyomi]

just want to give you an informations and maybe its a litle bug in your thread above, the website link is going to exeedme.com mate
hope you will fixed as soon as possible
thanks

I was just about to remind him to fix some links, even I was think this is the same project as this one https://bitcointalk.org/index.php?topic=5300397.0
OP is messed up, It's enough to make confuse when you try to click the link, I guess I got lost.

[rig4hodlers]

just want to give you an informations and maybe its a litle bug in your thread above, the website link is going to exeedme.com mate
hope you will fixed as soon as possible
thanks

Thanks for point that out, I was working over another bitcointalk thread draft and I forgot to change the website link! Very nice catch!

[rig4hodlers]

I was just about to remind him to fix some links, even I was think this is the same project as this one https://bitcointalk.org/index.php?topic=5300397.0
OP is messed up, It's enough to make confuse when you try to click the link, I guess I got lost.

As I said, I was working over the same bitcointalk thread draft located on Archival section and I forgot to change the website link. I agree that both projects have similar stuff but that's all.

[kosmasixo]

As I saw in road map Polkamarkets want to launch MVP soon to give users a taste of the core functionality of their product. Hope it will be launched soon to see it

[TimeTeller]

As I saw in road map Polkamarkets want to launch MVP soon to give users a taste of the core functionality of their product. Hope it will be launched soon to see it

Nowadays, it is better to see the MVP of the project before seriously investing on them.
Or better yet, look for actual working platform, as much as possible.
Because most projects are only good at the beginning of their development stage.
And will only abandon later on once they fetched money from naive buyers.
This industry that they are exploring is a good one. So let us see if they can indeed realized their platform as promised.

[no2kuzmy]

Interesting idea to give users an opportunity to take positions on outcomes of real world events in a decentralized and interoperable platform

[Onika84]

I just opened a Twitter account for Polkamarkets, that their strategic partner is Moonrock Capital, and the MVP will be launched Q1 2021. Let's see, what an interesting platform.

[didzi]

i read this words in the first post in this thread "Users can monetise their forecasts of future outcomes"
my i ask something, how does it work ? because look like this is very interesting idea

[makishart]

i read this words in the first post in this thread "Users can monetise their forecasts of future outcomes"
my i ask something, how does it work ? because look like this is very interesting idea

In my understand if your forecast can be valued. that means if your prediction will not be only a free prediction but through polkamarket, your prediction will be valued as an asset that can give you more benefits get a small income from there.

[the rise]

I see a lot of interesting reviews here about forecasts, and partners that will be announced Q1, I want to see the potential of polkamarkers in the future, hopefully it will be useful for many people

[WalkerIVIV]

I see a lot of interesting reviews here about forecasts, and partners that will be announced Q1, I want to see the potential of polkamarkers in the future, hopefully it will be useful for many people

So many people are getting hyped with this project and im an active member on polkamarkers telegroup and it seems like that there will be a lot of demand come to this project. I really like how the team was developing its platform. I hope that polkamarkers will be listed on the polkastarter. As a part of polka ecosystem and polkastarter will become the best place for this project to get funding.
i have secured my spot to participate in the sale.

[the rise]

I see a lot of interesting reviews here about forecasts, and partners that will be announced Q1, I want to see the potential of polkamarkers in the future, hopefully it will be useful for many people

So many people are getting hyped with this project and im an active member on polkamarkers telegroup and it seems like that there will be a lot of demand come to this project. I really like how the team was developing its platform. I hope that polkamarkers will be listed on the polkastarter. As a part of polka ecosystem and polkastarter will become the best place for this project to get funding.
i have secured my spot to participate in the sale.

if they place in the cartarter I will immediately take a position in the sales department, of course I have seen the history of the IDO sales that took place in the cartarter station, and it is a little difficult to take a position there, if they plan to run IDO in the cartarter station I can take the position from the beginning

[nira09]

I see a lot of interesting reviews here about forecasts, and partners that will be announced Q1, I want to see the potential of polkamarkers in the future, hopefully it will be useful for many people

So many people are getting hyped with this project and im an active member on polkamarkers telegroup and it seems like that there will be a lot of demand come to this project. I really like how the team was developing its platform. I hope that polkamarkers will be listed on the polkastarter. As a part of polka ecosystem and polkastarter will become the best place for this project to get funding.
i have secured my spot to participate in the sale.

You're in luck that you've secured your position to participate, because the Interest form is now closed.

Polkamarkets' vision is a DeFi-Powered Prediction Market built for cross-chain information exchange and trading, where users take positions on outcomes of real world events – in a decentralized and interoperable platform on Polkadot.

What does it mean we can bet? like when there is a soccer match, and we bet our money to predict the victory of one of them, and get a profit if our prediction is correct?

[rig4hodlers]

We are thrilled to announce our strategic investors, including Moonrock Capital, Morningstar Ventures, NGC Ventures, Astronaut Capital and Spark Capital. We want to thank all the +10,000 interested parties who submitted the allocation request form.

Important: all interest form participants will receive an advantage for the public-sale whitelisting. This advantage is going to be announced on the same day as we announce the whitelisting process.🔹

Read full article here

[TeraBite]

How to get in I think private sale round is over when I visit the page there is no link for it. Is that trading on Uniswap or any other DEX yet or what is the plan for that? Anybody know the detail how let know about that.

[rig4hodlers]

We're thrilled to announce our imminent IDO on premiere decentralised fundraising platform Polkastarter!

Whitelisted parties will have the chance to participate in the $POLK IDO on Polkastarter!

Date of the $POLK Whitelist opening is February 14th, 2021 at 17:00 UTC.

Details on minimum and maximum allocations, as well as price, will be communicated via our social media channels.

For the early supporters who submitted the interest form, you'll have an advantage during the whitelisting process. Stay tuned!

Read the full article HERE

[rig4hodlers]

We're pleased to announce what you've all been waiting for. Our IDO date on Polkastarter!

The date of the IDO for $POLK Token is February 24th, 2021 at 1pm UTC.

Also a reminder: the date of the $POLK Whitelist opening is February 14th, 2021 at 5pm UTC.