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Foresight Arena Community Market Creation

{EECC0562 0FA5 4C06 A699 78FCFD0055FD} Foresight also supports community-driven market creation through Arena. Arena allows users and communities to propose and launch their own markets around niche topics, experiments, and emerging narratives.

Before a market becomes publicly tradable, it enters a Seeding Phase, where creators and early supporters stake initial liquidity to demonstrate conviction and validate demand. Markets that successfully reach their seeding requirements graduate into open trading, while insufficiently seeded markets expire. Seeding aligns incentives between creators and participants, encourages higher-quality market proposals, and helps ensure healthy liquidity once trading begins. Community-created markets follow platform rules for clarity, resolution integrity, and abuse prevention. This enables decentralized innovation while maintaining market quality and trust. Arena empowers communities to define what is worth predicting not just the platform.

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How it works:

  • Market Creation: Submit a clear market question with a verifiable source of truth and a defined end date. Seed at least $100 to show conviction. We approve and launch within 12 hours. There is no maximum duration for a user-generated market, but users must adhere to the minimum durations and criteria below.
  • Seeding Phase (minimum 2 days, seeding deadline occurs 3 days before the market’s resolution date): Needs $1,000 seeded to graduate a market. No withdrawals during this period. If not seeded by deadline, there’s a 5% penalty on your initial bet. If event resolves during seeding, all bets refunded.
  • Trading Phase (min 3 days, total ≥ 5 days): Once fully seeded, the market appears on the homepage for open trading and price discovery. Users can freely buy or sell positions.
  • Resolution & Rewards: Creators/seeders earn 50% of market trading fees regardless of which side they bet. Future bonuses and incentives will be added!

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Arena Market Creation Step-by-Step

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1. Pick a topic

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  • Choose a topic for your market
  • Choose a topic category that best matches your market idea Crypto, Sports, Gaming, Politics, Entertainment, Culture or Custom.
  • Each topic represents a different type of event. Example:
    • Crypto: Price movements, protocol upgrades, or token listings. Example: “Will Ethereum trade above $3,500 by the end of October?”
    • Sports: Match results, player stats, or season outcomes. Example: “Will Team A win the championship this year?”
    • Gaming: Esports tournaments, in-game events, or release dates. Example: “Will Game X’s new patch launch before November?”
    • Custom: If none of the topic matches the question you want to create, just add a custom one!

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2. Formulate your question

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  • Write a clear, factual question with a verifiable outcome, ideally designed as a YES/NO prediction.
  • Example: “Will Bitcoin close above $70,000 on December 31, 2025?”
  • Make sure your question is time-specific and objectively resolvable.
  • You can upload an image for your market. If you don’t provide one, the admins will add an appropriate image for you (The image uploaded must be a square image).

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3. Provide a source of truth

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  • Provide a verifiable source that will confirm the event’s outcome once it resolves.
  • This could be:
    • a specific news website
    • a reputable data source (such as ESPN, CoinGecko, etc.)
    • an official government record
  • NOTE: Don’t use general websites like google.com or yahoo.com. The source should be directly relevant to the market question.

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4. Set Event Deadline

Deadline
  • Set the date and time when your market will close and the event outcome will be determined. All Arena markets must include a defined end date.
  • The deadline should match the timeframe in your question (e.g., the end of a tournament, a specific announcement date, or a crypto price snapshot).
  • Markets must meet these timing requirements:
    • Minimum 2 days for seeding
      • This allows enough time for users to discover and seed the market.
    • Minimum 3 days for trading
      • Once the market graduates from seeding, it needs at least 3 days of active trading

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5. Seed Initial Liquidity

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  • Decide how much you want to seed on your market to demonstrate your conviction.
  • A minimum of $100 is required to create a market.
  • Markets need at least $1000 during the seeding phase to go live. You can select and seed any amount above the minimum to help activate your market faster.
  • 50% of the trading fees will be distributed to seeders.

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6. Accept the terms

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  • Before publishing your market, review the key phases and requirements below. These ensure that all community-created markets on Foresight Arena remain transparent, fair, and fully verifiable.
  • By checking the box, you confirm that you understand these terms and agree to follow Foresight Arena’s market guidelines

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7. Review and publish

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  • Once all the steps are done, you can review your market on the preview card
  • The question, topic, end dates are shown as a preview.
  • After reviewing your market, all you have to do is click publish and approve the transaction!