Mantic Markets is creating better forecasting through user-created prediction markets.
Our mission is to expand humanity's collective knowledge by making prediction markets accessible to all.
Prediction markets are a place where you can bet on the outcome of future events.
Consider a question like: "Will Democrats win the 2024 US presidential election?"
If I think the Democrats are very likely to win, and you disagree, I might offer $70 to your $30 (with the winner taking home $100 total). This set of bets imply a 70% probability of the Democrats winning.
Now, you or I could be mistaken and overshooting the true probability one way or another. If so, there's an incentive for someone else to bet and correct it! Over time, the implied probability will converge to the market's best estimate. This is the power of prediction markets!
You can ask questions about the future like "Will Taiwan remove its 14-day COVID quarantine by Jun 01, 2022?" Then use the information to plan your trip.
You can also ask subjective, personal questions like "Will I enjoy my 2022 Taiwan trip?". Then share the market with your family and friends.
You get M$ 100 just for signing up, so you can start betting immediately! When a market creator decides an outcome in your favor, you'll win money from people who bet against you.
If you run out of money, you can purchase more at a rate of $1 USD to M$ 100. (Note that Mantic Dollars are not convertible to cash and can only be used within our platform.)
<aside> 💡 We're still in Open Beta; we'll tweak this model and periodically reset balances before our official launch. If you purchase any M$ during the beta, we promise to honor that when we launch!
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