How to Create Your Own Prediction Market
Ever wanted to create your own prediction market events on something that actually matters to you, not just follow someone else’s market? With Predchain, you can do exactly that.
Whether it’s crypto prices, gaming launches, political outcomes, or tech trends, you get to create the market. Even better? You earn fees in BNB every time others place their predictions on the event you started.
How to Create Your Own Prediction Market (Step-by-Step Guide)
Here’s how to turn your ideas into earning opportunities in just a few clicks:
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Connect Your Wallet: Head over to Predchain and link your crypto wallet (MetaMask or similar).
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Create a New Event: Click “Create Event” and enter the event name, description, duration, and select the category.
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Set Outcomes & Launch: Define the possible outcomes (e.g., Will BTC hit $100K by Sept?), then hit “Create” to launch it live on-chain.
And that’s it! Your market is now open to the world. The more users participate, the more BNB you earn as the market creator, all while shaping the narrative on the topics you care about most.
Why Create Your Own Prediction Market?
Creating your own prediction market is a simple way to turn what you know or what you're curious about into crypto. Instead of just making predictions, you create the event and earn BNB when others participate.
Whether you're interested in crypto trends, political outcomes, game launches, or tech events, you can:
- Earn BNB fees from each prediction placed
- Start conversations on topics you care about
- Build credibility by starting popular markets
- Involve others in forecasting real-world outcomes
You choose the event. Others bring the volume. You earn from the activity.
What Happens After Your Market Ends?
When your market reaches its resolution date, the outcome is settled based on real-world results. Here’s what happens next:
- Winning predictions are rewarded in BNB
- You keep your cut of trading fees, regardless of the outcome
- Unresolved or invalid markets may be refunded or disputed, depending on platform policy
It’s all handled transparently through smart contracts, so there's no need for manual processing.
Promoting Your Market for More Earnings
Your market is only as profitable as the number of users who trade on it. Boost visibility by:
- Sharing your market on X, Discord, or Reddit
- Tagging relevant communities (e.g., Crypto, DeFi, Politics)
- Encouraging friends or followers to place their own predictions
- Reposting updates as the event nears its resolution
The more people who place predictions on your event, the more BNB you earn in fees. Promoting your market helps increase visibility and potential rewards.