What is a forecast exchange?

Imagine a market where instead of the usual goods they trade... the future.

Here people place bets on the outcome of events: will a politician win the election, will a football team win, or will there be snow on New Year's.
Everyone can earn money based on facts, logic, intuition, scientific approach and knowledge.

A forecast exchange works like a financial market: bets are called contracts, and their price depends on the probability of an event. The more likely an event seems, the more expensive the contract.

Bets and Events

A bet is always valued between 0% and 100%, and a pair of "YES" and "NO" bets is always equal to 1 TON. For example,

Event *"Will Candidate X win the election?"**

If the "YES" bet price is 70%, then the probability of the candidate winning is 70%.

If the "NO" bet price is 30%, then the probability of losing is similarly 30%.

Calculation principle

If your forecast was correct and the event occurred, the bet price increases to 100%.

If you were wrong, your bet is devalued to 0%.

Price movement

The contract price changes, as in a real market: more people believe - the price rises, fewer - falls. New information, be it news or expert forecasts, can dramatically change the mood of the participants.

A real-life example:

On the platform, you always play against other players, so:

If you bet money on 60% that a candidate will win the election, then someone always bets 40% that he will not win - this is how a balance of 100% is achieved.

And if you predicted the event correctly, you take your opponent's money.

For example: will it snow in your city on New Year's?

You studied the forecasts, looked at the statistics of previous years and think that it will - you buy a bet "YES" for 60% on 600 TON.

Your opponent decided to just take a risk and bought a bet "NO" for 40% on 400 TON. You now have a balance of 100%. Since there are thousands of players on the platform, the balance is formed automatically.

Now, if it snows, you will take your opponent's 400 TON and increase your capital by 66%.

If it doesn't snow, your opponent will get your 600 TON and increase his capital by 150%.

In the windows next to the bet, the system always calculates the current winnings depending on the number of players and the number of bets.

Why is it interesting?

1. Collective wisdom:
Contract prices are formed based on the bets of many people. As a result, the market is often more accurate than surveys or individual experts.

2. Opportunity to earn:
If you know how to analyze events, your knowledge and logic turn into money.

3. Excitement with elements of strategy:
This is an intellectual game where you compete with others using facts, logic and intuition.

How to place a bet?

We try to make our platform accessible worldwide, so we use cryptocurrencies.

We work with Toncoin (TON) - the native cryptocurrency of The Open Network (TON). Initially developed by the Telegram team, TON has evolved into a decentralized ecosystem run by the community, offering a wide range of applications and services.

To start predicting, buy TON on any crypto exchange (for example, Coinbase), or in a wallet on the Telegram platform, connect your crypto wallet to our platform, make an operation to transfer TON to the Prorok platform and earn.

How to deposit

Commission

Данная площадка открыта выпускниками бизнес школы Frederick University Лимассол Кипр в исследовательских целях. Мы берем комиссию 10% с победителя для поддержания работы платформы.

Conclusion

The Prediction Exchange is a unique platform where knowledge and courage go hand in hand. Here, each contract is a small bet on the future, and each forecast is your intellectual challenge. This is not just a way to make money, but a mind game where you fight the crowd and fate.

Are you ready to test yourself?