Prediction Market

CG has established itself as the world's most advanced competitive gaming platform, powering payments for over 50,000 web2 & web3 tournament matches each month. Building on this success, we aim to become the central hub for players and fans to participate in tournaments and predictions.

Prediction markets are on the rise, fueled by the widespread use of stablecoins and the growing interest in significant cultural events spanning politics to entertainment. These markets serve as efficient information hubs, with prices reflecting the collective sentiment on future event probabilities. They offer a real-time insight into public knowledge regarding specific occurrences, creating a dynamic competitive landscape to reach a consensus through intellect and skill. The wisdom of the crowd frequently leads to remarkably precise forecasts.

The exponential growth of esports audience's to over 261 million monthly viewers, coupled with the establishment of well-structured leagues and tournaments, sets a solid foundation for regular predictions. Gaming is arguably the most influential element in online culture, and as such, it’s a huge topic of focus on social platforms like X with billions of tweets per year and 200 million daily active users consuming gaming content on YouTube.

Streamers like IShowSpeed, Kai Cenat, and Pokimane have millions of users subscribing to their channels each month and draw thousands of fans in person. Despite this massive interest from fans, there's an absence of a global prediction market tailored to hundreds of millions of gaming enthusiasts of esports and livestreaming culture.

Making Predictions

As a fan or spectator, you can engage in predictions across a wide variety of events, ranging from esports tournament stats to events surrounding famed content creators. This engagement elevates the interactive experience of watching major tournaments and livestreamers to be more immersive and thrilling.

Each prediction market typically revolves around a binary question with a "Yes" or "No" outcome. Participants trade units of Yes or No which are priced between $0.01 and $1.00, reflecting the market's perceived probability of an event occurring. Players will be rewarded for their intellect and skill in making accurate predictions.

Market Resolution

When the event's outcome is determined, the market resolves, and the Yes and No units are settled, reflecting either $1.00 each for correct outcomes and $0.00 each for incorrect outcomes. 

In order to avoid stalemate market results, CG will provide detailed language referencing potential ambiguous edge case scenarios. Additionally, CG will establish a committee of subject matter experts and public figures to provide guidance and clarification in disputed markets with the ultimate goal of building out a fully decentralized dispute resolution system.

Market Regularity

Established esports tournaments and popular livestreamers provide a stable and predictable betting environment that allows for weekly markets. This enhanced fan engagement not only sustains viewer interest but also motivates them to return to watch streams regularly, nurturing a sense of community among spectators.