What Are Prediction Markets?

Prediction markets are platforms that allow participants to trade shares representing the likelihood of future events. These markets harness collective intelligence, enabling speculation on a wide range of topics, including politics, sports, business, technology, cryptocurrencies, and cultural events.

The price of a share reflects the aggregated probability the market assigns to a particular outcome. For example, if a share about an election result is priced at 0.70 TRD, it suggests a 70% chance of that outcome occurring. Users can buy or sell shares based on their expectations, profiting from accurate predictions.

Additionally, prediction markets enable trading based on the fluctuation of share prices, allowing participants to speculate on price increases or decreases over time, even before the event is resolved. This creates a unique market dynamic where both accurate predictions and trading strategies can lead to profit opportunities.

How Triad Works

Triad empowers you to act on your predictions by choosing between two straightforward options:

YES: Predict that the event will happen. If you're right, you'll earn rewards based on the accuracy of your forecast.
NO: Predict that the event won’t happen. If your prediction holds true, you’ll receive rewards proportional to the outcome.

Key Features of Triad Markets

At Triad, all markets are resolved on a 1:1 basis, meaning that when a market closes, the winners receive an amount equivalent to what participants who predicted the opposite outcome contributed, based on the probability of the event occurring. This system ensures fairness and transparency for all users.

How the 1:1 Payment Mechanism Works

Predictions in the Market: Users make predictions about specific outcomes (e.g., predicting who will win an event). Participants who predict different outcomes contribute to the market's "pool."
Market Value and Probability: The value of contributions is determined by the likelihood of a specific outcome occurring. The more participants predict one outcome, the lower the reward, as the probability of that result is considered higher. Conversely, predictions on lower-probability outcomes offer higher potential rewards, as they are riskier.
The Losing Side Pays the Winner: After the event concludes and the result is known, the winners receive their share of the total contribution. The process works as follows:
- Participants who predicted the incorrect outcome lose their contributions and pay the winners.
- The amount is distributed according to the total contributions and probabilities. Winners receive amounts based on their predictions and associated probabilities.

Practical Example

In a prediction market:

Two options are available: "Outcome A" and "Outcome B."
1000 TRD is contributed to "Outcome A" and 2000 TRD to "Outcome B."
If "Outcome A" is correct, participants who predicted "Outcome B" lose their contributions and pay those who predicted "Outcome A," proportionally to the predicted probabilities.

Transparency Guarantee

The entire process is executed through smart contracts, ensuring that the payment from one side to the other is carried out automatically, quickly, and accurately, with no intermediaries.

$TRD: The Official Token of Triad

At Triad, we leverage $TRD as the official token for all predictions and trades on our platform. This ensures a unified, efficient, and rewarding ecosystem tailored to enhance your prediction market experience.

But we understand flexibility is key. That’s why Triad also features an Instant Swap mechanism. Even if you don’t currently hold $TRD, you can seamlessly place predictions using USDC or SOL. Our platform will automatically convert your chosen currency into $TRD, making participation hassle-free and efficient.

This innovative system not only simplifies your experience but also boosts $TRD’s market activity, creating a dynamic environment where every trade contributes to the platform's growth.