Foremarket’s End State
What prediction markets look like once creation is permissionless and composable.
Foremarket’s end state is not defined by a specific set of markets. It is defined by how markets come into existence.
In the steady state, creating a prediction market is as routine as deploying a smart contract or publishing a dataset. Teams spin up markets around roadmap milestones. DAOs create markets around governance outcomes. Communities create markets around events that matter to them. Applications embed markets contextually, where questions naturally arise.
Prediction markets stop being destinations and become infrastructure.
In this world, the information surface expands dramatically. Instead of a small number of centrally curated questions, there are thousands or millions of markets, each reflecting a narrow slice of reality. Most markets are small. Some are short-lived. A few become highly liquid. This is not a failure mode. It is how information systems scale.
Foremarket’s architecture is built for this distribution. Permissionless creation ensures that relevance is discovered, not dictated. Economic incentives ensure that low-quality markets fail cheaply while high-quality markets attract liquidity and attention. Resolution mechanisms ensure that every market converges to a final, verifiable outcome.
From a system perspective, Foremarket becomes a probabilistic truth layer. Prices are not opinions. They are continuously updating signals derived from capital-weighted belief. Other systems can consume these signals directly. Forecasting becomes machine-readable.
This has second-order effects. Governance decisions can reference market probabilities. Risk systems can ingest implied likelihoods. Media narratives can be grounded in prices rather than speculation. The boundary between forecasting and action collapses.
Most importantly, Foremarket dissolves the artificial distinction between “platform” and “user”. When anyone can create markets, users stop reacting to questions chosen by others and start defining what is worth predicting. The agenda becomes decentralized.
Closed prediction markets inevitably converge on a small set of high-profile events. Foremarket converges on whatever the world finds uncertain at the moment.
That is the end state: a system where uncertainty is priced wherever it exists, by the people closest to it, without permission.
Foremarket is not trying to predict the future. It is trying to make the future legible.
And the only way to do that at scale is to let everyone ask the questions.
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