Great Question!
We have two kinda of markets that go live on RobinMarkets.
1. Price markets: $AAPL, $NVDA, $TSLA and $SPY daily e.t.c ; $MSFT, Gold and $WTI weekly; $META and silver monthly ( ask whether an underlying closes above a threshold set from its price at creation. )
Price Markets are resolved Instantanously once they are due, our algorithm checks the prices of these assets in less than a second the moment the market resolves and send out rewards redeemable by the winners.
2. Event markets: SpaceX launches and valuations, Nvidia earnings beats, Fed rate decisions, S&P 500 stock splits, tokenized Treasury inflows (ask about outcomes with no price feed behind them. )
Event Markets are resolved manually, we have hired experts who already do this for us on our Testnet version.
We're building for the @RobinhoodApp Ecosytem.
https://t.co/ATMlsNI8qq
The answer is pretty simple.
@RobinhoodApp was made to be the best chain for Real World Assets (RWAs) & Stocks and this was announced by the founder himself. So we are bringing this market to RobinHood Native users. We are hedging where these assets live.
Polymarket Global runs USDC on Polygon. If someone holds tokenized equities or T-bills on Robinhood Chain, hedging on Polygon means bridging out, posting different collateral, and holding an unrelated position.
On RobinMarkets the hedge sits beside the asset, same chain, same collateral, and your positions are ERC-1155 tokens other contracts can compose with. Polymarket cannot offer that without moving to RobinHood Chain.
We're the venue that takes tokenized-asset markets seriously here @RobinhoodCrypto
Our 4% supply has been vested and locked for 6 months. We will share our Tokenomics and airdrop plans shortly.
We're building the Future of Predictions on @RobinhoodCrypto focused on only RWAs and Stocks
Our Token Launch was heavily sniped by some traders probably from pons ecosystem and we believe these snipers have all sold out!
Now The Team will begin some Token BUYBACKs at this market cap while we try to revive this! We want this to be a successful launch and team holds no supply whatsoever, Only fees from the developer wallet which we will begin to use now for BUYBACKs.
$RMS Tokenomics:
Now that our Token is Live Here is our Full Plans:
1. Every Penny from our Creator Fees will be used to fund the RobinMarkets Liquidity Pool for when we go mainnet.
2. We will be doing an Airdrop where we will payout all prior testers of the RobinMarkets to a certain date so keep testing.
our app is live and testing is possible at - https://t.co/ATMlsNI8qq
Your GitHub repo can now be a Real World Asset!.
Register it on Loxley [currently building on RobinHood chain], and watch it come alive. Let people buy your repo's tokens as Arrows, send you donations as Tributes, and claim Bounties from your codebase.
Token launch goes live TODAY on RobinHood. @vladtenev, we're just getting started.
MEMESCOPE MONDAY NEXT WEEK.
March 30th.
EVERYONE hop on bright and early (10AM EST) and lets make it the highest volume day we've seen in months.
ITS TIME.
lock in.
repost for awareness.