# Market Creation Terms

### ✍️ Market Creation Terms

Creating a market on PredictBase is permissionless — 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.

📜 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.

📈 Good Market Examples

✅ **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

🛠 Admin Review Process

All newly created markets must pass a quick review:

* ✅ **Approved** → The market goes live.
* ❌ **Rejected** → The market is canceled and will not go live (creation fee remains non-refundable).

Reviews typically happen **within 24 hours**.

💰 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.

🔄 Keep Building!

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