Follymarket
The first recursive prediction market
What it does
Follymarket is the first recursive prediction market. Participants may predict whether or not the site itself will reach it's revenue target. We elegantly avoid regulatory hurdles by completely removing the payout mechanic.
Does a similar job
all alternatives →- CYCreate your own prediction market in two minutes2022 · manifold.markets · ▲84
Hi HN! Excited to show off the project we've been working on for the last couple months. We started with an idea for a crazy twist on prediction markets: You come up with a question for traders to predict, and then decide the outcome yourself. For example, you could create a market on “Will my date with [X] go well?” Anyone can bet on it, and the bets create a forecast on the chance your date goes well. After the date is over, you get to judge the result and reward the traders who picked the correct side. There are so many ways for this mechanism to go wrong: the creator of the market can be…
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