Reality Cards is the world’s first NFT-based prediction market. What makes it unique is that outcomes are not “bet” on, instead they are owned.
With Reality Cards, the typical shares, limits, bids, and asks do not exist — even “odds” are abstracted away and replaced by a “daily rental price”. This is only one of its unique features. What Reality Cards is building has yet to be seen with any other available prediction market, and the fun is just beginning!Background & Inspiration
Reality Cards was created by Andrew Stanger. Andrew had been following the various Ethereum prediction markets ever since the Augur ICO, but was disappointed by their low liquidity. He wondered if it was possible to create an entirely new type of prediction market based on new economic models Ethereum had made possible.
As part of his research he explored NFTs and Harberger Taxes and ultimately discovered a project called “This Artwork Is Always On Sale” — a unique experiment where a piece of art is quite literally, always on sale, which provided the direct inspiration for Reality Cards.
In a sentence — Reality Cards is what happens when you combine a prediction market with an ‘always for sale’ mechanic.
The project began life as Andrew’s final project for the Consensys Solidity Bootcamp which began November 2019, where he first began to learn Solidity. Previously he was an Accountant for nearly a decade before taking the leap into Ethereum.
Shortly after the bootcamp Andrew met his co-founder Vlad Micliuc. As a long term developer and previous Ubisoft employee, Vlad brought much-needed experience to the team, and together they built the MVP that exists on mainnet today.Overview
Reality Cards is a prediction market unlike any other. Users do not bet on outcomes, they own them.
By owning the outcome, you own the NFT (non-fungible token...