Foresight is 2020

Political prediction markets are live on Sight!

TL;DR — Sight is launching political prediction markets. Apply now to take part in Sight beta at bit.ly/join-sight, and check out the live markets at sight.pm/#markets.

You’ve heard us say it before, at Gnosis, we foresee a tokenized future. We don’t just mean that tokens will continue to proliferate, we mean it quite literally.

We foresee the future itself being tokenized.

Through the use of our conditional tokens framework, we are building technology for anyone to glimpse and trade the future.

Introducing Sight

In case you missed it, last October, we quietly launched a beta version of Sight; our new, regulated prediction market platform. Sight is designed with the broader public in mind, so we set a premium on great UX and trustworthiness.

Luckily, we have a great product team working on Sight, and as we collect and implement user feedback during the beta, we’re working toward one of the smoothest UXs of any prediction market platform. This includes offering tiered KYC to reduce the onboarding friction for most users, implementing the Contract Proxy Kit to reduce the number of transactions per user action, and denominating markets in Chai, because why not earn interest while you predict the future!

The trustworthiness side of things was a whole different challenge. To achieve something that the broader public and especially high volume traders would find trustworthy, we sought approval from Gibraltar regulators.

Now, all we need are the right markets. While we initially focused on markets related to the blockchain industry, we are now transitioning to offer markets with a broader appeal on current events, like political markets.

Sight Election 2020

Each Olympiad, the outcome of the U.S. presidential race is one of the most widely discussed future events.

Starting now, Sight is the first regulated prediction market to offer markets with no spending caps on the presidential race.

Still, there are other avenues for buying positions in the U.S. election, so why should you choose Sight?

Most prediction markets impose limits on market and position size. Sight is unrestricted* and our automated market maker will always match any trade, so you can buy as large of a position as you like.

Many prediction markets are unregulated or legally questionable. Sight is fully regulated in Gibraltar, giving you the legitimacy to participate with peace of mind.

Many other platforms charge fees of 5% or more. Sight charges 0% fees while in beta and will increase to only 1% on any trades after public release.

Most platforms require you to send and trust them with your money. Sight is non-custodial and fully audited, meaning you control your money.

Built on the conditional tokens framework, Sight outcome tokens are interoperable with other prediction markets built on the framework and tradeable on secondary markets.

Do you have insight into who will win the U.S. presidential election? Apply now to take part in Sight beta: https://bit.ly/join-sight, and see the live markets here: https://sight.pm/#markets.

As always, while everyone can talk values, you can Sight knowledge.