Blockchain-based
Prediction Markets
We develop and audit the smart contracts and dApps enabling companies and individuals to profit from markets based on the outcome of a predetermined event.
We Help You Succeed
In the blockchain industry
TVL in Prediction Market dApps
When markets predict—and blockchain delivers
Prediction markets are a special kind of betting platform that can be used for multiple purposes, from insuring a crop against bad weather to shorting the market or predicting the outcome of a presidential election.
New financial applications based on blockchain technologies are currently challenging the established market leaders to the point that companies such as Visa are investing large sums of money in this new technology themselves.
Prediction markets and Community Notes are becoming the two flagship social epistemic technologies of the 2020s.
— vitalik.eth (@VitalikButerin) July 2, 2024
Both truth-seeking and democratic, built around open public participation rather than pre-selected elites.
I want to see many more things like this.
The fact that @polymarket has taken crypto mainstream in 2024, without people even realizing it’s crypto to boot, is astonishingly under-discussed. We’re so early.
— Guillermo Rauch (@rauchg) September 12, 2024
What we do
Development
We build custom smart contracts and dApps for prediction markets, tailored to handle event-based outcomes. Our solutions ensure that your platform runs smoothly and efficiently.
Security Audits
Our expert security team conducts smart contract audits. We help identify and mitigate vulnerabilities to make the platform resilient against potential exploits or manipulation.
Consulting
We offer expert consulting services to guide businesses through the process of launching prediction markets. We provide insights and recommendations to help you achieve your goals.
Our Experience
Chosen by Projects Building on
A Team of Experts at
Our clients
In partnership with top global business organizations
From bold start-ups to big names, CoinFabrik is proud of our clients’ success and passionate about helping them accelerate growth.
Support
FAQs on Prediction Markets
If you have more questions don’t hesitate to contact us
What are prediction markets, and how do they work?
Prediction markets are platforms that allow participants to bet on the outcome of specific events, like elections or market trends. The value of a bet adjusts as information becomes available, creating opportunities to profit from accurate predictions.
How does CoinFabrik help businesses create prediction markets?
We can develop and audit smart contracts and dApps for prediction markets, providing tailored solutions to help businesses tap into the potential of decentralized forecasting.
What are the risks associated with prediction markets?
While prediction markets offer unique opportunities, they also come with risks such as market manipulation, regulatory challenges, and technical vulnerabilities. Our auditing services help mitigate these risks.
What types of events can be used in prediction markets?
Prediction markets can be used for a wide range of events, including political elections, sports outcomes, financial markets, weather conditions, crypto price predictions, entertainment award results (such as movie or music awards), and even the outcomes of scientific breakthroughs or technological advancements.
Contact us
We will contact you as soon as possible.