Premonition operates a prediction market platform that allows users to create, trade, and settle outcome‑based contracts on a wide range of events. By acting as a market maker, it provides liquidity and pricing algorithms that facilitate efficient price discovery for participants ranging from hobbyists to institutional analysts. The service generates revenue through transaction fees and spreads applied to each trade executed on the platform.
Funding
Funding not disclosed
Founders
Product
Problem
Esports participants and enthusiasts often lack access to liquid, real-time markets that reflect the fast‑moving outcomes of tournaments and matches. Traditional betting platforms provide limited transparency and do not allow users to create custom outcome contracts, restricting the ability to hedge risk or capture niche event forecasts. Consequently, crowd‑sourced information remains underutilized for predictive analytics in the esports ecosystem.
Solution
Premonition operates a decentralized prediction market platform that enables users to author and trade outcome contracts for esports events and other real‑world occurrences. An on‑chain automated market maker (AMM) supplies continuous liquidity, ensuring that traders can enter and exit positions without relying on counterparties. The system calculates and updates odds in real time based on order flow and external data feeds, while a settlement engine resolves contracts automatically at event conclusion. Integrated analytics tools aggregate market data to produce crowd‑sourced probability curves, giving participants actionable insights for risk management and strategic decision‑making. The platform is accessible via web and API, allowing developers and operators to embed prediction functionality directly into existing esports services.
Target Audience
The primary users are esports bettors, professional traders, and team analysts who require granular, tradable forecasts, as well as platform operators and sponsors seeking to embed predictive markets into their services.
Features
- Smart‑contract‑based AMM that provides instant liquidity for custom outcome tokens
- Real‑time odds engine that ingests live match data and updates market prices continuously
- Automated settlement module that triggers payouts on-chain once verified event results are received
- Dashboard with depth‑of‑market visualizations, historical price charts, and probability heatmaps
- RESTful and WebSocket APIs for programmatic contract creation, order execution, and data retrieval
- Tokenized contracts compliant with ERC‑20/ERC‑1155 standards, enabling composability with DeFi protocols
- Built‑in risk‑management tools such as stop‑loss orders and portfolio exposure metrics
- Audited security framework and on‑chain provenance to ensure tamper‑proof market outcomes