Is Ideamarket a prediction market?

Ideamarket is not a prediction market. On a prediction market:

  • Winners and losers are decided by specific events

  • The market closes at a certain moment

  • An oracle reports what’s “true”

Ideamarket is more like a commodity market:

  • Winners and losers are decided by market cycles

  • The market never closes — it’s perpetual

  • There’s no oracle or “source of truth." Instead, the market aggregates its participants’ subjective judgments from moment to moment

We call Ideamarket's mechanism a market-curated endowment.