Prediction markets let people bet on facts

CN
8 hours ago

Prediction markets let people bet on facts.

Opinion markets let you bet on what people will believe.

Facts resolve once but beliefs are infinite.

@meleemarkets is building one such platform, rewarding early conviction with more upside.

When you buy shares in outcomes, you also predict what percentage of the market will agree with you.

Payouts scale by accuracy. The closer your percentage guess to the real consensus, the more you earn. Early buyers get lower prices on the bonding curve, creating memecoin like upside for conviction.

Markets resolve algorithmically based on participant votes, removing oracle dependency risks.

Positions stay private until resolution to prevent bandwagoning, and winners get their stake back first before losers' pools are distributed proportionally.

This creates a powerful social metagame and rewards players who can accurately predict collective psychology, not just facts.

Opinion markets are still in its infancy, with different teams building unique ways to trade them (@factmach, @opinionsdotfun, @opinionlabsxyz, @BuzzingApp, @chompdotgames, @Flashduels).

Fact based markets are constrained by verifiable events. Elections only happen every few years, most popular sports are seasonal, and macro events are sporadic.

Opinion markets are infinite. Every cultural moment, brand decision, and creator's content choice can become a market.


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