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Doesn't really help. But we don't deny anyone at this time. No limits of any kind yet. But maybe in future.
No - earn as in routing fees.
At PREDYX we paid out. It was not an assassination market. It was a market about "Khamenei out as Supreme Leader of Iran in 2026" there are various reasons why someone could be out as a Supreme Leader.
https://beta.predyx.com/market/khamenei-out-as-supreme-leader-of-iran-in-2026-1767317153
Come check-out your friendly neighborhood Bitcoin only Prediction Market: https://predyx.com
I'm not sure if you know, but the "Death-Markets" have been illegally running in the underworld markets for 1000 years. Its deemed illegal by most governments.
I also thinks some prediction market got shutdown in 2014/16 due to same issues.
Are there incentive issues with death markets that specifically exclude murder/assassination/manslaughter/etc?
yes - one can make a bet on YES and eliminate that person. Its same like a hit job. Outsource we don't have that volume or liquidity yet, but there is abundant volume and liquidity. Bad actor can take advantage of that.
yes 100% correct, broader reasons ok.
Death due to health/sickness ok - but not like "Will X die before 2027?"
Yes - we'll probably have to fix all the bugs. @Team_Predyx please take a note of the bugs.
Yes 100% its just a problematic thing to deal with. We don't want any undue attention at such an early stage of PREDYX. There are some good use-cases but policing it will be a painful. We are going to update our TOS soon:
Death-Related Markets
We do not allow markets that directly speculate on the death of any individual.
Limited exceptions may be permitted for:
- Markets relating to life expectancy based on publicly known illness or serious health conditions.
- Markets relating to assassination attempts, provided the outcome is tied to the occurrence of the event and not to the individual’s death itself.
All other death-related markets are strictly prohibited. (edited)
Looks like it does provide live scores for NBA - my head has been crazy off lately. Dealing with so many new sign-ups - we had 140 new sign-ups in last 24 hrs.
Dealing with one user/creator who is obsessed with death-markets. Finally we had to ban death-markets.
Thanks for being a little patient during this highly stressful times.
Also - another good news, we finally started to work on CDA/CLOB markets. Lets see how long it takes to complete it.
Once CDA is complete, I hope you and @Undisciplined can become professional market makers.
Yeah looks like it still has bugs, even I'm unable to place bets. Will look into it.
live score updates and I'm guessing it will dynamically close when the game ends
Yes that's the goal. However our API provider doesn't provide scores or results for NBA yet. But they provide to NFL/Soccer/Baseball. We might have to change our API provider - its still a work-in-progress.
We just didn't want to leave the sports page empty.
I agree - at this pint it's not very economically profitable due to 3 main reasons:
- Low volume - you need to raise your fees for low volume markets.
- Its AMM - so you're paying for worst case loss (WCL). WIth AMM the only way to gain back your WCL is with fees.
- Once we introduce CDA/CLOB markets, probably by April. You will not need to inject much liquidity, just enough to get the market started. The liquidity will be provided my the market makers (limit buy/sell orders). The liquidity will organically grow with time and trades, and you'll just be reaping the income from all the fees.
Hi @HardMoney What seems to be not working?
Sorry - I haven't been checking my SN mentions. It's expired - I just checked. Can you also please DM on twitter for faster response. Need a new one.
I totally understand now - going forward, we will never use this source, lesson learned. https://www.opm.gov/policy-data-oversight/snow-dismissal-procedures/current-status/
Can you please send me an invoice for 50k?
How does ~AGORA work. I've always been curious, bt never tried it.