Mechanics in plain language
Participants trade outcome shares whose prices imply probabilities. Transparent ledgers let anyone audit positions, while automated market makers keep books liquid.
Oracles and resolution
Trustworthy resolution depends on verifiable real-world data. Hybrid models combine signed APIs, multi-sig committees, and dispute windows to reduce single points of failure.
Product and compliance reality
Great UX still needs jurisdictional clarity. Teams should document geofencing, KYC flows, and incident response before shipping consumer-facing wallets.
