If we monetize by selling Mantic Dollars for real money, will it work well enough that we keep it for at least a couple months?
23
100Ṁ4155
Jun 23
88%
chance
Background: Mantic Markets is exploring different monetization options for its current play-money offering. One idea that has been proposed is to simply sell the platform's virtual currency, Mantic Dollars, for real money. For instance, a user could top up their balance by buying M$ 500 for $5 USD. This would not only help make Mantic Markets a financially sustainable business but would also solve the biggest problem with play-money markets: ensuring an adequate amount of monetary scarcity such that people take their betting seriously. Resolves YES if Mantic Markets introduces the option for users to purchase Mantic Dollars with real money (either in the form of a direct purchase or through a monthly subscription) and keeps it running for at least 60 days. Resolves NO if Mantic Markets introduces a M$ purchase option and removes it from the platform within 60 days. Resolves N/A if Mantic Markets does not introduce a M$ purchase option by April 1, 2022. Tags: #ManticMarkets Update: Mantic Markets is now Manifold Markets. An M$ purchase option has also been introduced. #ManifoldMarkets
Get
Ṁ1,000
to start trading!

People are also trading

Will Mantic Markets have over $1M in revenue by 2023?
37% chance
[Metaculus] Will 1 Euro be worth less than 1 US Dollar before 2026?
50% chance
Will Mantic Markets still be using a Dynamic Parimutuel system by Feb 01, 2022?
81% chance
Will Marginal Revolution post about Mantic Markets before the end of January?
56% chance
If Scott Alexander creates a market, will 100 people have traded on Mantic by Feb 1, 2022?
87% chance
Will the 'Test Market' Concept Prove Successful by [insert specific date]?
50% chance
Will the United States legalize real money prediction markets by June 1, 2023?
10% chance
If #ManticMarkets implements a central limit order book, will 100 people have traded on Mantic by Feb 1, 2022?
60% chance
If we launch a token in 2022, will it have a market cap of $20M by Jan 2023?
32% chance
Will we fund "EA Explorable Explanations"?
45% chance
© Manifold Markets, Inc.•Terms•Privacy