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About Arka

Akra is an opinion trading platform where you can trade your opinion with other traders around the world about events that are currently occurring in the world ( news, politics, sports, etc, … ). On Arka, market prices reflect what traders think about future events, thus turning trading activity into actionable insights that could help people make better decisions.

What is a Prediction Market?

Prediction market is a marketplace where participants can trade contracts based on outcomes of uncertain future events. These events could be from a wide range of categories and topics of interest (e.g. sports, news, economy, pop culture). Users can participate by selecting any event, in form of a question with a yes and no answer, selecting their prediction on the outcome, and make a bid on the price and the quantity, based on their confidence level. The trade will be matched with other users on the other side of the prediction. Event will be settled when the outcome is known from authentic and trusted sources and the payouts would be made to the users making the correct prediction.

What blockchain is Arka built on?

Arka is built on the Solana ( SOL ) blockchain. The event contracts are created on the blockchain. We use USDC.sol as the currency for trading on our platform.