> ## Documentation Index
> Fetch the complete documentation index at: https://docs.foresight.now/llms.txt
> Use this file to discover all available pages before exploring further.

> Foresight is a social prediction market where users trade on real-world outcomes using community-driven insights and enables information discovery. Share your conviction, influence how markets move, and earn when others act on your conviction, all backed by transparent on-chain execution. Incentives are aligned so only genuine and accurate conviction creates value.

# Introduction to Foresight

***

## Foresight's Approach

Foresight is built to make prediction markets easier to understand, more engaging to participate in, and more accessible to global users.

Foresight connects prediction, information, and participation into one single platform. Instead of showing only prices and odds, each specified market surfaces context, social signals, and community activity, helping users understand why a market moves.

Participants earn [**Vision Points**](/guides/rewards/vision-points-1), our unique platform-level rewards and incentive structure that encourage meaningful engagement and long-term ecosystem growth.

Built with a focus towards the Asian market, Foresight supports localization, regional markets, and multilingual access to serve global communities more effectively.

Users can also create their own markets using [**Arena**](/guides/arena-markets/arena-market-creation), allowing communities and niche groups to price markets and surface information quicker and also relates closer to their circle.

## Quick Overview

* On Foresight, you can **buy and sell shares** representing the outcome of real-world events (e.g., “Will BYD lead EV sales in China by 2025?”).
* Each market has two outcomes: **YES** and **NO**. Share prices range between **\$0.00** and **\$1.00 USD** and reflect the market’s current probability of the event occurring.
* If the outcome you hold resolves as correct, each share pays out **\$1.00 USD** upon market resolution. If incorrect, the share pays out **\$0.00**.
* Unless specified in the rules shares can be **bought or sold at any time before resolution date**, allowing you to take profit or reduce risk based on market movement.
* All trades are executed on-chain across supported networks, ensuring transparent settlement and verifiable ownership.
* Foresight integrates **social signals, market context, and community insights** directly into each market, helping you understand not just price movement, but the reasoning behind it.
* Users may also earn **platform incentives and referral rewards** based on participation and activity.

## Market and Prices

On Foresight, each market functions as a **peer-to-peer prediction exchange** where participants collectively discover the probability of an outcome through trading activity. Prices are not set by the platform, they emerge from supply and demand as users express their conviction by buying and selling outcome shares.

When you view a market, you are observing a real-time signal of collective belief, similar to how stock prices reflect investor expectations in traditional financial markets.

### Prices Represent Implied Probability

Each outcome share is priced between **\$0.00 and \$1.00 USD**.\
This price represents the market’s **implied probability** of the outcome occurring.

* A price near **\$1.00** implies strong market confidence.
* A price near **\$0.00** implies weak confidence.

For example:

> If a YES share is trading at **\$0.72**, the market is implying approximately a **72% probability** that the event will occur.

### How Reliable Are Foresight Market Signals?

Foresight markets aggregate the collective views of many independent participants into a single price signal. As more users trade based on news, analysis, and community discussion, prices continuously adjust to reflect the latest available information.

Unlike static forecasts or isolated opinions, this peer-to-peer price discovery process allows markets to react quickly to real-world developments. While no market can guarantee certainty, Foresight provides a transparent, real-time indicator of collective belief supported by visible context, activity, and social signals giving users a stronger foundation for forming conviction and making informed decisions.

## Multi-Chain Support

Foresight supports multi-chain trading, deposits, and withdrawals across supported blockchain networks such as :

<AccordionGroup>
  <Accordion title="Katana">
    Trading currency: **vbUSDC**

    Contract Address: [**0x203A662b0BD271A6ed5a60EdFbd04bFce608FD36**](https://katanascan.com/token/0x203a662b0bd271a6ed5a60edfbd04bfce608fd36)

    Chain ID: **747474**
  </Accordion>

  <Accordion title="Base">
    Trading currency: **USDC**

    Contract Address: [**0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913**](https://basescan.org/token/0x833589fcd6edb6e08f4c7c32d4f71b54bda02913)

    Chain ID: **8453**
  </Accordion>

  <Accordion title="Citrea">
    Trading currency: **ctUSD**

    Contract Address: [**0x8D82c4E3c936C7B5724A382a9c5a4E6Eb7aB6d5D**](https://citreascan.com/address/0x8D82c4E3c936C7B5724A382a9c5a4E6Eb7aB6d5D)

    Chain ID: **4114**
  </Accordion>

  <Accordion title="BSC ( Binance Smart Chain )">
    Trading currency: **USDT**

    Contract Address: [0x524bC91Dc82d6b90EF29F76A3ECAaBAffFD490Bc](https://bscscan.com/token/0x524bc91dc82d6b90ef29f76a3ecaabafffd490bc)

    Chain ID: **97**
  </Accordion>
</AccordionGroup>

Users can fund their accounts on supported networks and trade on the selected chain. Each blockchain maintains its own independent markets, balances, and liquidity. Funds deposited on one network can only be used to trade on markets on that same network.

For example, a BTC market on **Katana** is separate from a BTC market on **Base**. Prices and liquidity do not automatically sync across chains. This design enables independent price discovery on each network while allowing arbitragers and advanced traders to rebalance prices based on real-world information.

## Global Language Support

Foresight supports global language localization across most areas of the platform to improve accessibility for users worldwide. Key pages such as market titles, rules, description and certain features.

<AccordionGroup>
  <Accordion title="Current supported languages" icon="language">
    * **English**
    * **Chinese**
  </Accordion>
</AccordionGroup>

<br />

<Info>
  Note: The news section is currently available in its original language only and is not yet supported for translation.
</Info>
