Bitcoin Prediction Market
$1000-5000 USD
Dibayar saat pengiriman
What is a prediction market?
It's a market that allows you to make predictions on the outcome of hundreds of real-world events. Stock exchanges find the price of stocks, and futures markets find the price of commodities. Prediction markets find the probability of something happening - a predefined, uncertain future event.
Will the financial markets be up today? Will a certain candidate win the next election? Who will win the Academy Awards? If you have an opinion on what will happen then you can make a prediction on Intrade. Predict correctly and you can win real money profits.
An Intrade market - always YES or NO
We need a platform where you make predictions by buying and selling shares on the outcome of real-world events. These events are always defined on Intrade as a YES/NO proposition. For example, here are a few of the markets currently available:
The Dow Jones to close on or above 13,000 on 30 Dec 2012
Barack Obama to be re-elected President in 2012
The United States or Israel to bomb Iran before the end of 2013
This allows you take a clear position on each event - you can either predict the event will happen, or it won't happen. You then back up your prediction by buying or selling shares in the market.
Each market is a YES/NO proposition - yes, the event will happen, or no, the event will not happen.
If the event does happen, the market will settle at $10.00.
If the event does not happen, the market will settle at $0.00.
If you predict the event will happen then you BUY shares.
If you predict the event will not happen then you SELL shares.
If you buy shares you profit if the market value of the shares goes up. Your profit is maximised if the market settled at $10.00.
If you sell shares you profit if the market value of the shares goes down. Your profit is maximised if the market settled at $0.00.
The difference is this platform takes in bitcoin deposits. Bitcoins are used to buy and sell shares in the market. Users will have an address were they can have their bit coins sent to.
ID Proyek: #5362368
Tentang proyek
20 freelancer rata-rata menawar $4420 untuk pekerjaan ini
Hello, We have read your project description in details and we are well aware of the concept, we are listing below our understanding for your requirements. - You want a prediction website for the online trader. - Yo Lebih banyak
Already developed several Bitcoin websites so Kindly accept my bid for your Bitcoin Prediction Market website project and be assured of a high quality work with our highly experienced and dedicated developers. Thanks
Are you creating the propositions or using an API? How are you going to overcome the regulatory restrictions? Interested in working with you. Please message us to discuss the details of the project. Nova S Lebih banyak
Thanks for your consideration, please see our message and if you would like to discuss the project further do get in touch and I’ll give you a call.
Dear countvidal staff, thank you for posting this interesting project. I am experienced with cryptocurrencies, bet markets and market engines. Some questions: * How should your system detect the outcome of Lebih banyak