Market Creation Terms
βοΈ 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.
π§± 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.
π 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.
π Good Market Examples
β 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
π« Bad Market Examples
β 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
π Admin Review Process
All newly created markets must pass a quick review:
β Approved β The market goes live.
β Rejected β The market is canceled and will not go live (creation fee remains non-refundable).
Reviews typically happen within 24 hours.
π° 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.
π Keep Building!
Thereβs 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.
Last updated