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Ideamarket Docs
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Ideamarket Docs
Introduction
Origin Story
How to explain Ideamarket
Join us on Discord
USER GUIDE
2 ways to participate
User Tutorial
Reducing fees
Price history and details
Browser extension
Add to Chrome
Learn more
FAQ
Is Ideamarket a prediction market?
Is Ideamarket a popularity contest?
Where's the underlying value?
What's the use of measuring "perceived" truth?
Market-curated endowments
How do I get listed?
Do tokens provide special rights?
What determines the interest rate?
When will Ideamarket integrate Layer 2 scaling?
What if an account I bought votes for gets deplatformed?
Trading fees
Team / Hiring
PHILOSOPHY
Philosophy menu
Old Introduction
30-minute read (w/cartoons)
Summary of hypotheses
Incentives
Does Ideamarket "measure truth"?
How to create a market signal for Trust
Why no shorting
How to kill bad ideas
Bullshit recapture technology
Mirroring the world brain
Heat Death of the Infoverse
Why do platforms earn a trading fee?
Increasing population-scale comprehension
Journalism must become the trust-earning business
Exit the intellectual mafia
An Open Letter to Revolutionaries
Meme Vault
Ideamarket Art
Fundamental value of information
Hole-in-the-wall Justice
The Master of Duh
ecosystem
Index funds
DAOs
use cases
Donations
Public goods funding
Contracts
Quantstamp Audit
Overview
Bonding curve
IdeaTokenFactory
IdeaTokenExchange
InterestManager
IdeaTokenVault
MultiAction
IdeaTokenNameVerifier
Legal
Terms of Service
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Is Ideamarket a popularity contest?
Think of it this way:‌
    Bitcoin is a novelty, UNTIL we need money that's not controlled by central banks.
    Ideamarket is a popularity contest, UNTIL we need credibility that's not controlled by media corporations.
In other words: Credibility = popularity + high stakes.
Most of the time, it doesn't matter who's "popular."
But it always matters who's credible — especially when stakes are high.
How many lives could have been saved if America were listening to Balaji Srinivasan instead of the New York Times about COVID in January 2020?
High stakes compel popularity to defer to credibility.
Bitcoin is a bet that "fiat currencies inevitably die of inflation."
Ideamarket is a bet that "high-stakes moments inevitably happen."
For more detail, see Hole-in-the-wall Justice.
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