Powerful Decentralization at Your Fingertips

FOREPredict is redefining prediction markets by making them secure, transparent, and entirely user-driven. Built on Arbitrum for scalability and low fees, FOREPredict is designed to provide a seamless experience for users across devices, while fully supporting self-custody. With a future-ready, chain-agnostic design, our platform is flexible enough to grow with you, no matter how Web 3 evolves. As a fully decentralized platform, FOREPredict empowers you to create, join, and validate markets autonomously, without the need for centralized control. We prioritize your ownership, security, and the flexibility to engage with prediction markets in a trustless, transparent environment.

The FOREPredict Utility – Powered by $FORE Token

The $FORE token fuels the entire FOREPredict ecosystem, serving as the essential key for creating, participating in, and validating markets. It’s not just a transaction tool – it’s your gateway to a growing array of exclusive benefits and privileges. Here’s how $FORE token utility enhances your experience on FOREPredict:

Market Creation, Participation, and Validation

Want to create a unique prediction market or take a position on one? Or perhaps you prefer to validate outcomes? The $FORE token gives you access to all these roles, enabling you to actively shape the prediction landscape. By requiring tokens for each action, FOREPredict ensures a consistent, value-driven experience for all users.

Enhanced Benefits for FORE Token Holders

Token holders enjoy lower fees and more options when validating markets. Validators using $FORE can unlock higher-tier rewards and additional incentives designed to make active participation even more valuable.

Future Governance and Staking (Coming Soon)

The upcoming governance and staking model will give $FORE holders a direct voice in protocol decisions. Staking your tokens will grant you voting power on critical protocol changes, while also reducing fees and unlocking further platform privileges. Stay tuned for more details on how staking will enhance your experience and give you a say in FOREPredict’s future.

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How FOREPredict’s Core Technology Works:

Decentralized, Community-Powered Predictions

FOREPredict is a truly decentralized prediction platform, where the community drives the creation, validation, and resolution of markets. With each prediction market recorded on the blockchain, all outcomes are visible and verifiable, ensuring transparency. This decentralized model allows users to engage in prediction markets with full confidence, free from the hidden biases and risks of traditional platforms.

$FORE Token Utility Drives the Platform

Unlike platforms with restrictive fees and limitations, FOREPredict gives users full access to the protocol’s functionality through $FORE. Whether creating markets, participating, or validating, token utility is at the heart of everything. Soon, $FORE will also power governance and staking, offering enhanced benefits for those who contribute most to the community.

Built on Arbitrum for Scalability and Low Fees

Choosing Arbitrum as our blockchain base gives us the scalability needed to grow, with transaction costs kept minimal. Designed to be chain-agnostic, FOREPredict will also integrate with other networks if they align with our vision for growth, ensuring the platform remains flexible and adaptable as the Web 3 landscape evolves.

Device and Wallet Agnostic – Embracing Self-Custody

FOREPredict can be accessed from any device and is compatible with Web 3 wallets of your choice. By supporting multiple wallet options, FOREPredict makes it easy for you to stay in control of your assets, aligning with the principles of self-custody and decentralization.

The FOREPREDICT User Journey – Roles in the Prediction Ecosystem

Creator

As a creator, you design and set the terms for your prediction markets. By attracting participants to your market, you earn a 0.5% reward from the total market size. Creators are integral to FOREPredict’s variety, driving engagement and creativity on the platform.

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Player

Players engage by predicting outcomes within markets using FORE or, soon, USDT. Since odds are market-driven, participants can engage in predictions with zero counterparty risk. The funds are securely held in smart contracts until the market is resolved.

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Validator

Validators play a critical role by confirming outcomes and ensuring that each market is accurately resolved. Staking Analyst NFTs, they receive rewards proportional to their validation activity. With multiple consecutive validations, validators can increase their reward potential and unlock more substantial incentives on the platform.

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Current Features

Security and Transparency – Always On-Chain at FOREPredict, security and transparency are paramount. Every prediction, transaction, and market outcome is recorded on-chain, ensuring full transparency. With no single point of control, users participate confidently, knowing that all outcomes are managed by smart contracts and can be verified at any time.

New Innovations:

At FORE Predict, we’re always improving based on community feedback. Here are some exciting features coming soon to the platform:

Gasless Approvals (Coming Soon)

Participating just got a whole lot easier. Soon, you’ll be able to join markets with zero gas fees, making predictions seamless and cost-free.

USDT Integration (Coming Soon)

By popular demand, you’ll soon be able to participate using USDT (and other tokens in the future). Starting with USDT, this will make it easier than ever for new users to join and play.

Categorical Markets – A New Way to Play (Coming Soon)

We’re expanding your prediction options with the introduction of categorical markets, allowing you to bet on multiple outcomes for a single event. This new feature goes beyond the traditional binary markets (yes/no, true/false) by offering predictions with more complex and varied outcomes. Whether you’re forecasting election results, sports tournaments, or even crypto trends with multiple possibilities, categorical markets provide a deeper and more dynamic way to engage.

Governance and Staking (Coming Soon)

We’re adding a new governance and staking system to ensure that FORE token holders can help guide the future of the platform. Stake your tokens to earn even more and take part in key decisions about the platform’s direction.

Enhanced User Experience (Continuous)

We’ve redesigned our platform’s interface to be more intuitive and engaging, providing a smoother and more enjoyable user experience.

Creator

CREATION PHASE

A creator submits a new market to FORE Predict, setting the parameters for:
     - Market prompt and categorization 
     - Prediction phase closure 
     - Validation phase start 
     - Verification source 
     - Starting odds 
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An ERC721 mNFT is received by the creator, which can be
used to claim the market creator rewards upon market resolution (0.5% of
the total market size)

Player

PARTICIPATION PHASE The participation phase starts immediately upon market creation, lasting until the end time set by the market creator in market configuration.  During this phase, players can take a position by wagering FORE on outcomes. Anyone can take a position as long as they hold FORE tokens in their connected wallet (the amount must be greater than 0 and less than or equal to the amount of FORE in their wallet).  With every position, the total market size will increase per that position. With any subsequent prediction on the same market outcome, it will be added to the users’ original position.  Player funds are held in a smart contract until market resolution.

Validate

VERIFICATION PHASE  The verification phase begins at the time and date set by the market creator in market configuration. The minimum time for verification is 12 hours. The maximum time is 96 hours, but markets can be resolved before if sufficient power has been voted on the outcome after 12 hours.  In order to verify a market, users must hold an Analyst NFT (these can either be minted or bought on FORE’s NFT Marketplace).  Once a user votes their NFT on this market, it will be held in a smart contract until market resolution.  The amount of rewards paid out to each Analyst is proportional to their vote in the market (dependent on the locked FORE in their respective NFTs).