📄️ Prediction Markets
Prediction markets are openly traded markets that trade assets which are linked to different potential future outcomes. The purpose of prediction markets is to aggregate information from a diverse set of independent actors. Prediction markets have been shown in numerous studies to have more accurate prediction capabilities than other methods such as polls. The reason for this is that they require the actors trading in the markets (also known as informants) to put stake in the game and allows them to profit if they correctly predict a future outcome - while risking loss if their predictions are incorrect.
📄️ Liquidity
The liquidity of a market describes how quickly an asset can be traded on the market at a reasonable market price. Illiquid markets tend to suffer from large price fluctuations when large amounts of assets are bought or sold and are slow to execute trades. Liquid markets, on the other hand, experience only insignificant changes in price from trades and can execute trades quickly.
📄️ Using Zeitgeist Markets
Assets and Markets on Zeitgeist
📄️ Governance
📄️ Decentralized Court
Zeitgeist implements a decentralized court to handle disputes that may arise in the resolution of prediction markets outcomes.
📄️ Futarchy
"Vote on values, but bet on beliefs"
📄️ Comparisons
One of the most frequently asked questions we receive is "How does Zeitgeist compare to other prediction markets?". This documentation aims at answering this question in the most objective, and technically focused way possible. Of course, since you're reading this on Zeitgeist's own documentation, some bias does exist.
🗃️ AppGuide
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