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What is Melbo?

Melbo is a web-based platform that allows users to participate in a prediction market by trading shares tied to the results of various real-world events. Each market presents a simple Yes/No question, with share prices reflecting the overall probability of each outcome; shares that are accurately resolved will earn a payout of $1. Users can access a broad spectrum of markets encompassing areas such as politics, sports, esports, cryptocurrency, business, and science, and they have the flexibility to buy or sell shares at any time before a market is resolved. To register, individuals can use their email, Google, or Telegram accounts, and each registration includes a built-in non-custodial wallet for ease of transactions. Wallets can be funded using USDC on the Polygon network, with trades starting at a minimum amount of $1, and Melbo covers the associated network gas fees. The trading process is facilitated through third-party smart contract markets, while the final market outcomes are determined by a decentralized oracle. A fee of 1% is applied to market orders, in addition to a liquidity fee that differs by category, though limit orders, deposits, withdrawals, and payouts incur no charges. This platform is exclusively designed for users aged 18 and older, and there are specific geographic restrictions in place; participants should also keep in mind the risk of financial losses associated with trading. Ultimately, Melbo strives to foster an engaging and user-friendly experience for individuals eager to make predictions about a wide variety of events, enhancing the excitement of trading and speculation.

What is DraftKings?

DraftKings Predictions represents a cutting-edge feature offered by DraftKings, allowing users to forecast real-world events and earn rewards based on their precision. This unique platform combines elements of sports wagering, market speculation, and predictive analysis into a highly interactive experience. Users can participate in trading event outcomes, where the pricing reflects the perceived probabilities of different results. The platform covers a diverse array of topics, ranging from sports and politics to major global events. By harnessing user engagement and collective sentiment, it provides up-to-the-minute insights and updates. DraftKings Predictions aims to create a safe and intuitive environment for those interested in exploring prediction markets. Ultimately, it redefines the art of forecasting, turning it into an engaging and potentially profitable endeavor, which makes it an attractive choice for users eager to participate in this lively marketplace. Additionally, the experience fosters a sense of community among participants who share a passion for predictions and insights.

Media

No images available

Media

Integrations Supported

Google
Polygon
Telegram

Integrations Supported

API Availability

API Availability

Pricing Information

Market orders incur a 1% platform fee plus a category-dependent liquidity fee. Limit orders, deposits, withdrawals and payouts are fee-free. Minimum trade: $1; network gas is covered by Melbo.
Free Version

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Melbo

Company Location

British Virgin Islands

Company Website

melbo.io

Company Facts

Organization Name

DraftKings

Date Founded

2011

Company Location

United States

Company Website

predictions.draftkings.com

Categories and Features

Prediction Market

Not specified

Categories and Features

Prediction Market

Not specified

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