Using Presale Market

To create a market, you need to stake XEF token.

Prediction markets aren’t just for politics or sports. You can create fun, personal, and practical markets that keep you engaged and accountable.

What types of questions can I use Xmarket to answer?

There are loads of different ways you can use our markets to answer your questions. Most of our users tend to interact with a whole mixture of markets.

Some markets may be unranked, unlisted, cancelled, or have their resolutions overruled if they do not comply with the Community Guidelines.

Here are some of the top use cases for our markets, with corresponding examples.

Personal

1. Fun wagers with friends about your interests or personal life.

2. Recommendations - Similar to asking for suggestions from another site but with Xmarket users are incentivized to give higher quality answers as they can profit from being helpful.

3. Will I finish reading Atomic Habits before November?

4. Accountability/goals

5. Betting YES on your own market and allowing people to bet NO to motivate you.

6. Will I spend less than $200 eating out this month?

News & current events

1. News/Current events, Natural Disasters

2. Politics

3. Sports

4. Economics, stocks, crypto

5. Public figures

6. Social issues; e.g.Legal Outcomes, AI Risk / AI Safety,

Impactful causes / Research

1. Science markets predicting the usefulness of potential trials and research papers

2. Predicting if research is legitimate

3. Effectiveness of current policies

4. Effective Altruism

5. Artificial intelligence

6. Charities

7. Debate topics

Project Management

1. Can be used for personal projects, startups, or even large intra-company processes.

2. Predicting the success of your projects and using that knowledge to influence decisions.

3. Xmarket's biggest growth vector

4. Beeminder

5. How will Xmarket improve our commenting?

6. Community feedback on whether you should add a new feature

What are some best practices when creating markets?

There are several things you can do to create high-quality, impactful markets:

1. Set clear resolution criteria: This is needed so users know how you are going to decide on what the correct answer is. Some questions have obvious conditions for resolution, however, others may be more ambiguous. It is your job to make sure that there are clear boundaries for each answer so users can confidently bet.

2. Have a resolution date: Markets have a set closing date, but sometimes the date you intend to resolve the market is less obvious. If necessary, make sure you include an estimated time of resolution in the description.

3. Write an engaging description: Sometimes simple markets are the best. In other cases a structured description including any context or background information can be extremely valuable. You can even add images and other embeds. See Rich text editor to see all the fancy formatting you can do!

4. Add it to a topic: Topics, sometimes referred to as Groups, are the primary way users filter for relevant markets. Please be careful to only add it to relevant groups. Try to add it to specific groups instead of really general ones. Also, consider making your own groups and inviting friends/interested communities to them from other sites!

5. Write your opinion: Add a comment with your own prediction and explain (with links and sources) supporting it. This can help get the ball rolling and encourage others to interact with your comment with their own views.

6. Share your market! Post your market to other social networks that have communities that would be interested in your question.

7. Subsidise your market! Add USDX to market by setting up some limit orders to increase the potential profit traders can make.