Create New Markets
Want to create your own prediction market? Anyone can create markets on VORTX! This guide walks you through everything you need to know.
Why Create Markets?
Earn from Market Creation
Initial positioning: Get both YES and NO tokens, sell the side you disagree with
Trading opportunities: Be first to trade in your own market
Community building: Create markets your audience cares about
Information advantage: You might know something others don't
Types of Markets That Work Well
Clear binary outcomes:
"Will Bitcoin reach $150,000 by December 31, 2025?"
"Will SpaceX successfully land on Mars before 2030?"
"Will the next iPhone have a USB-C port?"
Specific deadlines:
Election dates, earnings announcements, product launches
Avoid open-ended questions like "When will X happen?"
Verifiable results:
Objective outcomes everyone can verify
Avoid subjective questions like "Will the movie be good?"
Requirements to Create a Market
1. Market Creation Fee: $50 Worth of VORTX Tokens
Why this fee exists:
Prevents spam and low-quality markets
Ensures creators are serious about their markets
Funds platform development and operations
2. Minimum Initial Liquidity: 100 USDT
What this means:
You deposit 100 USDT when creating the market
You receive 100 YES tokens + 100 NO tokens
This gives your market immediate trading depth
You can sell the tokens you don't want right away
Why initial liquidity matters:
Markets need liquidity to attract traders
Empty order books discourage participation
Shows you believe in your own market
Step-by-Step Market Creation
Step 1: Plan Your Market
Write a clear question:
❌ "Will crypto go up?" (too vague)
✅ "Will Bitcoin close above $150,000 on December 31, 2025?"
Set a reasonable deadline:
Not too soon (people need time to trade)
Not too far (people lose interest)
Specific date and time
Define resolution criteria:
How will you determine the outcome?
What data source will you use?
Handle edge cases (what if data is unavailable?)
Step 2: Connect and Prepare
Wallet requirements:
Have at least $50 worth of VORTX tokens for the creation fee
Have at least 100 USDT for initial liquidity
Ensure your wallet is connected to VORTX
Step 3: Fill Out Market Details
Market title: Clear, concise question (under 100 characters)
Description: Detailed explanation including:
Exact resolution criteria
Data sources you'll use
Any edge cases or special conditions
Background context if helpful
End date: When the market closes for trading
Resolution date: When you'll resolve the market (can be same or later)
Step 4: Deposit Initial Liquidity
Approve USDT0 spending (one-time transaction)
Deposit exactly 100 USDT0
Receive 100 YES + 100 NO tokens automatically
Market goes live immediately
Step 5: Initial Positioning (Optional)
If you have an opinion:
Sell the tokens you disagree with immediately
Keep the tokens you think will win
This sets initial market pricing
Example: You create "Will it rain tomorrow in New York?" and think there's a 70% chance
Sell your 100 NO tokens at market price (~$0.30 each)
Keep your 100 YES tokens
Market now reflects your confidence level
Best Practices for Market Creators
Writing Good Questions
Be specific:
Include exact dates, times, and criteria
Define technical terms if needed
Anticipate edge cases
Examples of good questions:
"Will Tesla stock close above $300 on Friday, December 31, 2024?"
"Will the next Federal Reserve interest rate decision (scheduled for March 20, 2024) result in a rate increase?"
"Will Bitcoin's price on CoinGecko exceed $150,000 at any point during December 2025?"
Choosing Resolution Sources
Reliable data sources:
Major financial data providers (CoinGecko, Hyperliquid Spot, etc)
Official government announcements
Company press releases
Verifiable public records
Avoid subjective sources:
Opinion polls or surveys
Social media sentiment
Qualitative judgments
Disputed or controversial sources
Timing Your Market
Good timing:
1-6 months before resolution
Around major events or announcements
When there's public interest in the topic
Poor timing:
Too close to resolution (no time to trade)
Too far in the future (people forget)
During unrelated major news events
Managing Your Market
Setting Initial Prices
Your initial trade affects market perception:
Selling NO tokens suggests you think YES will win
Equal selling suggests you're neutral
Market makers might follow your lead initially
Promoting Your Market
Share strategically:
Social media relevant to the topic
Communities interested in the subject
Trading groups and prediction market users
Don't spam - focus on interested audiences
Monitoring Activity
Watch for:
Trading volume and interest
Questions from users
Potential resolution issues
Unusual trading patterns
Resolution Process
When Markets End
Trading stops: No new trades after end date/timeResolution period: You have time to determine outcomeAnnouncement: Declare the result (YES or NO)Payouts: Winners can claim their tokens
Your Responsibilities
Research the outcome: Use your stated data sourcesResolve promptly: Don't delay - traders are waitingBe objective: Resolve based on facts, not your positionCommunicate clearly: Explain your resolution if needed
What You Earn
From initial positioning: Profit/loss from tokens you kept vs. soldFrom being right: If you positioned correctly, you earn from the resolutionFrom fees: Currently none, but future versions may include creator rewards
Common Mistakes to Avoid
Poor Question Design
❌ Vague questions: "Will crypto do well this year?" ❌ Subjective outcomes: "Will the new iPhone be better?" ❌ No clear deadline: "When will robots take over?" ❌ Unverifiable results: "What will people think about X?"
Marketing Problems
❌ No promotion: Markets need traders to be successful ❌ Overhyping: Don't make unrealistic claims ❌ Wrong audience: Target people interested in the topic
Market Creation Checklist
Before creating:
After creating:
Creating successful markets takes practice, but the platform makes the technical aspects simple. Focus on interesting questions that people want to trade, and you'll build engaging markets that benefit the entire VORTX community.
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