PredictBase
  • Welcome
  • Getting Started
    • About
    • Quickstart
    • Connecting Your Wallet
    • Bridging to Base
    • Wallet Troubleshooting
  • Using PredictBase
    • Exploring Markets
    • Placing a Bet
    • Viewing Your Bets
    • Market Resolution
    • Claiming Winnings
    • Creating a Market
  • RESOURCES
    • Fees
    • Glossary
    • Security & Privacy
    • Market Creation Terms
    • FAQs
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  1. RESOURCES

Market Creation Terms

✍️ Market Creation Terms

Creating a market on PredictBase is permissionless β€” but it comes with important responsibilities. To keep the platform fair, ethical, and reliable, all market creators must follow these terms.

🧱 Basic Requirements

By creating a market, you agree that:

  • Your question must be clear, objective, and not misleading.

  • The resolution criteria must be verifiable through a reliable source (URL or description).

  • The market end date must occur before the event starts. If it doesn't, the market may be canceled.

  • If a market cannot be resolved fairly, it may be canceled.

  • Fees paid for market creation are non-refundable, even if the market is rejected or canceled.

  • Created markets go through an admin review process and may take up to 24 hours for approval.

πŸ“œ Admin Rights

PredictBase admins reserve the right to:

  • Reject or cancel markets that are vague, speculative, unverifiable, or unethical.

  • Make minor edits to the market title, resolution source, or category for clarity and consistency.

  • Cancel markets where events are impossible to resolve objectively.

This ensures the integrity and trustworthiness of all markets on PredictBase.

πŸ“ˆ Good Market Examples

βœ… Clear and Verifiable:

  • "Will Bitcoin close above $70,000 on June 30, 2025?"

  • "Will Candidate A win the 2026 presidential election?"

  • "Will Team X win the championship game on July 15, 2025?"

Features:

  • Clear question

  • Verifiable outcome

  • Specific end date and resolution criteria

🚫 Bad Market Examples

❌ Vague, Misleading, or Unverifiable:

  • "Will crypto prices go up?" (Too vague)

  • "Will Team Y have a good season?" (What defines "good"?)

  • "Will I be happy next year?" (Subjective and unverifiable)

Features:

  • No clear resolution

  • Subjective or speculative wording

  • Difficult or impossible to verify

πŸ›  Admin Review Process

All newly created markets must pass a quick review:

  • βœ… Approved β†’ The market goes live.

  • ❌ Rejected β†’ The market is canceled and will not go live (creation fee remains non-refundable).

Reviews typically happen within 24 hours.

πŸ’° Creator Earnings

If your market is approved and live:

  • You will earn 1% of the total volume placed on your market.

  • Creator revenue is automatically paid out in USDC once the market resolves.

πŸ”„ Keep Building!

There’s no limit β€” you can create as many markets as you want. Build a following, craft great markets, and earn from your community's engagement.

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Last updated 19 days ago