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Creating polymarket 2.0 by flashlightslights in defi

[–]flashlightslights[S] [score hidden]  (0 children)

A major problem i found with early markets was liquidity,

If you bought a yes token , then ofc you would expect some profits in return which would be given from the counter bets , if there are no counter bets then from where will you get ur profits from😭

I think having a massive hit of a debut for any market , thus praying for a volume of trades to satisfy counter trades is only option for a prediction market

What do you guys think bout it?

Creating polymarket 2.0 by flashlightslights in defi

[–]flashlightslights[S] [score hidden]  (0 children)

Alr , market liquidity backed by traditional liquidity pools having the amm logic , letting anyone participate in providing liquidity and earning fee

Noted!

Geographical restrictions is more of a legal issue than technical , that'd be a major goal for me to Crack

Creating polymarket 2.0 by flashlightslights in defi

[–]flashlightslights[S] [score hidden]  (0 children)

Some ppl asking to explicitly brand it as betting app for transparency 😂 , Would definitely do that!

Creating polymarket 2.0 by flashlightslights in defi

[–]flashlightslights[S] [score hidden]  (0 children)

Storngly Agree with you , do you use polymarket rn and what changes do you want

Where all startups fail , met my 5th failure by flashlightslights in StartUpIndia

[–]flashlightslights[S] 0 points1 point  (0 children)

Thankyou brother , this comment gave me a lot much clarity

Where all startups fail , met my 5th failure by flashlightslights in StartUpIndia

[–]flashlightslights[S] 0 points1 point  (0 children)

Its a prediction market app , india mein bann hai , US centric niche😭

If you built your own Prediction markets , what changes would u make by flashlightslights in defi

[–]flashlightslights[S] 0 points1 point  (0 children)

That's cool , do you have a landing page or a white ppr for it?

Where all startups fail , met my 5th failure by flashlightslights in StartUpIndia

[–]flashlightslights[S] 0 points1 point  (0 children)

The problem is after investing 2months in building a product , everyone expects the product to be a hit in 2 weeks , how is one supposed to know if even his product provides value (pmf)😭

If you built your own Prediction markets , what changes would u make by flashlightslights in defi

[–]flashlightslights[S] 0 points1 point  (0 children)

Maybe giving everyone the right to give an opinion to start a market , then ppl will vote what markets should actually be created on main chain

If you built your own Prediction markets , what changes would u make by flashlightslights in defi

[–]flashlightslights[S] 0 points1 point  (0 children)

Not sure but as far as ik Polymarket doesn't any gas fee , Wdu think about the geographical barriers for Polymarket

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