Hello! Welcome back to this week’s newsletter. A little late this week due to labour day. Not as many updates this week as a lot of our eng work has been spent on bug fixing and preparing for bigger, upcoming changes (reworked home page, reworked group page, full notification customisation).
Updates to site
Removed numeric markets
After much deliberation we decided to remove numeric markets.
TL;DR They had some core problems which aren’t easy to fix:
Not enough liquidity (liquidity spread too thinly over large ranges).
Markets resolving to a number and not max/min causes payouts to be low and confusing.
This led to a bad experience for users hoping to trade on the market.
Additionally, we found that creators were eager to create numeric markets, however were often frustrated by the lack of engagement they received. We are aware that there is a desire for a market-type that fulfils numeric resolutions, but are deprioritising it for the time being.
Tip markets
Similar to tipping comments, you can now also tip a market directly.
To tip a market, press the heart underneath the graph. Clicking multiple times will increase the tip in increments of M$5.
Proceeds go directly to the creator of the market.
You cannot undo tips on markets.
Tipping a market adds it to your list of liked markets which can be viewed on your profile page.
Slide to bet on mobile
Apparently it’s on the chopping block so make sure you enjoy it while it lasts (or predict that we will keep it and show your support).
Other Updates
Posts in groups
You can create a post on the about page of a group.
This new feature will make more sense in upcoming reworks to groups led by Fede!
Posts will soon be available to make outside of a group, see this example Fede made about the Queen (RIP 😢, the first dashboard resolved as soon as it was made)
Major bug fixes for IOS - please let us know if you encounter any additional bugs!
Community guidelines - see additional discussion on the market below.
F2P Tournament
Click the link to the market above to check out our week-long F2P tournament. Anyone can enter by making a new account and trying to earn the most Mana within a week.
It’s just launched and already getting very competitive between a few users and employees. To win you just have to have the highest account value, so if you are good at creating markets to farm unique and referral bonuses you have a great chance of winning.
Trending Markets
A lot of concern over the state of fuel and electricity in Europe over the past few weeks. Our markets have received a lot of action to reflect that.
Will he?
No super relevant links that I saw for this week. We tend to share them in our Discord’s links channel so if you have any you prediction market/EA/rationalist related links you think our community would like please post them there!
Have an awesome week 💙
David Chee, Community Manager