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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 FanDuel?

FanDuel Predicts is an exciting addition to the FanDuel platform that empowers users to forecast the outcomes of real-life events and sports scenarios. This engaging tool allows users to make predictions and receive rewards based on the precision of their forecasts. Focused mainly on sports events, it leverages FanDuel’s significant presence in the betting and fantasy sports market. The platform features an intuitive interface, facilitating smooth user interaction with the prediction process. Moreover, it provides real-time updates and insights based on user engagement. By enhancing fan interaction, FanDuel Predicts transforms the experience of watching sports into a more dynamic and participatory one. This innovative feature not only elevates the enjoyment of sporting events but also nurtures a sense of community among its users. Emphasizing user involvement, it cultivates a shared enthusiasm that extends beyond mere spectating, inviting fans to be actively part of the action.

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

Free
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard 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

FanDuel

Date Founded

2007

Company Location

United States

Company Website

www.fanduel.com/predicts

Categories and Features

Prediction Market

Not specified

Categories and Features

Prediction Market

Not specified

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