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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 Hegic?

Start trading gas-free ETH and WBTC call and put options with no fees involved. In just two minutes, you can delve into transformative trading experiences on Hegic. Seize the opportunity with American-style, cash-settled options for ETH and WBTC, giving you a chance to achieve significant profits. By paying a predetermined premium, you unlock unlimited upside potential from your trades, allowing for greater financial freedom. Options that end up in-the-money will be automatically exercised, ensuring that you don’t miss any potential gains. Hegic offers lower pricing for options compared to centralized exchanges like Deribit, allowing you to save on premiums while maximizing your investment. Operating as a decentralized protocol means that Hegic requires no personal information from you, granting you unrestricted access without the need for an email, identification, or name. Additionally, you can benefit from auto-hedging strategies to protect yourself against potential losses. With hedged liquidity tranches in place, your withdrawal amount is guaranteed to equal your initial deposit, providing you with both peace of mind and financial security. Embrace this cutting-edge trading method and take command of your financial destiny today, as you embark on a journey towards greater wealth and opportunity.

Media

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Integrations Supported

Google
Polygon
Telegram

Integrations Supported

Authereum
Base App
Burner Wallet
Ethereum
MetaMask
MyEtherWallet (MEW)
Token Terminal
WalletConnect

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

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

Hegic

Date Founded

2020

Company Website

www.hegic.co

Categories and Features

Prediction Market

Not specified

Categories and Features

DApps

Not specified

DeFi Projects

Not specified

Options Trading

Not specified

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