Create a Market

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  1. 1Get Started
  2. 2Description
  3. 3Resolution
  4. 4Details
  5. 5Submit
Let's get started creating a market.
The first step to creating a market on PredIQt is to select a specified account to serve as the market's resolver. This can be any EOS account, and this account will be responsible for specifying the outcome of the market upon maturity.
Market creators should carefully select which account serves as the resolver.
Make sure to define the terms of your market clearly and specifically! Markets that are not specifically defined are unlikely to gain traction.
MARKET CREATION DEPOSIT
Market creators must put up an $IQ-denominated deposit when they create a market. If the market is approved by the resolver, then the market is created, the deposit is burned, and the market creator receives market creator fees at the market’s conclusion.
If the market is not approved, the market creator gets back 75% of their deposit, and the rest of the deposit is burned.