RobinMarkets ($RMS) is now live on @virtuals_io.
We're building the first prediction markets for Real World Assets and Stocks on RobinHood Chain. Our App is live for test use and we have a lot of markets ready to be traded. You can place simply Buy and Sell "YES/NO" shares on these markets easily and super fast.
CA: 0xd0aB9022d637B43973fc7242Dc4B3A5FF3a76d14
web: https://t.co/ATMlsNIGfY
How do you make money from events like these??
So @phantom or @vladtenev Teases a "coming to robinhood soon" announcement. Phantom wallet is a non-custodial crypto wallet that can hold RWAs and Tbills too.
So Since there are RWAs heavily tied to phantom, it makes trading and moving of these assets across RH chain easy right?
So on RobinMarkets, we will create markets such as:
1. Will $USDY see a X% increase after the phantom integration to robinhood?
2. Founder of robinhood @vladtenev announces integration of robinhood into phantom wallet before 26th of july?.
3. Will robinhood see 10% increase in RWA netflows after the robinhood integration to phantom?.
This is how we provide opportunities to retail on RobinHood chain so you can buy YES/NO shares on these events, we're building the predictions markets for RWAs and stocks here.
Check us out: https://t.co/ATMlsNI8qq
Tomorrow we will have another AMA as we share our current progress so far with RobinMarkets and also our plans for the Mainnet. Come ask us anything.
https://t.co/BFrw5KnXTL
Trade on Stock Prediction Markets with our app.
RobinMarkets is building the first Predictions Markets for Stocks and Real World Assets on @RobinhoodApp. We now have over 34 markets that have been listed here and you can place your bets on.
Stocks and RWAs are doing good on RobinHood Chain. Be a part of It.
Try us out now https://t.co/ATMlsNI8qq
Mainnet soon
Real World Assets on RobinHood Chain Has over $62 million daily transaction volume. These are people who are trading these assets on a daily basis.
RobinMarkets took a share of that! We are building a prediction markets around Real World Assets and Stocks focused only on RobinHood chain so native users can trade YES/NO shares on markets around these sectors easily.
https://t.co/ATMlsNI8qq
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
For our Tokenomics as mentioned few days ago. Every penny from our creator fees will only be going into two things!
1. MarketMaking/Liquidity Pool - We need to have at least $20,000 in our Orderbook Liquidity so that users orders can be placed and resolved easily while we grow our numbers. Team has enough for our mainnet launch from our Treasury but we will still put all creator fees into the treasury to increase our pool size.
2. Community Airdrop: We will be rewarding our early testers starting a week from today with tokens and eth when we go mainnet.
RobinMarkets is the future of Prediction Markets on @RobinhoodCrypto. Try us https://t.co/ATMlsNI8qq
Hello, thank you for pointing that out! We appreciate you too for doing some tests
The "Order is resting on the book" you see there is as a result of No other bets/Low liquidity pool. In a standard prediction markets, for your bet to be written in the order book it has to be placed against someone else. You win bets against someone else's.
If you place a "Yes" bet, and someone places a "No" bet. Then that order can be written because it has gotten someone to bet yours against.
However The Team is looking to take 2 approaches for this.
1. We will become our own Market Makers/hire one. So we will inject enough liquidity in the pool so that users orders can be placed immediately they predict and then will be sorted later when someone predicts otherwise - This is how standard prediction markets work
2. Get as many users to start using RobinMarkets as soon as we go mainnnet! If we can have 500+ DAU(Daily Active Users) upon mainnet launch then we wouldn't have to worry so much about the Liquidity pools, even though they still will be funded.
And Finally we would be doing some final touches to the Portfolio and Positions Dashboard to show more detailed information on the bets data!.
Please keep testing and sharing feedbacks with us. Thank you.
We are now announcing our 1v1 airdrop plans for our early testers. We will be going mainnet a week from now and we have always planned to reward our early Testers.
We would Airdrop you directly based on the volume of Transactions you carry out on our app
https://t.co/ATMlsNI8qq
Get some Testnet faucet from the robinhood testnet website, carry out some transactions and stand the chance to be eligible for our Airdrop plan which starts exactly one week from now. You will be sent these airdrops directly to your dashboard!
RobinMarkets is now live on Robinhood Chain Testnet
RWAs and Stock Predictions are the future of trading. RobinMarket is where the two meet: an app where traders can simply Buy and sell binary “Yes / No” shares on where Tokenized equities & RWAs are headed and events around these sectors. Orders are signed off-chain and settle on-chain, no custody, no middleman.
Before our mainnet launch in the next few days, we would like users to test and give us genuine feedbacks to ensure this meets your expected requirements.
Disclaimer: RobinMarkets is still in final production phases so there will be slight changes to the website as we keep building.
Built on @robinhoodapp
https://t.co/ATMlsNI8qq
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
Elon Musk Talked about the next SpaceX Rocket Launch by the end of the month.
$SPACEX is a real world asset(RWA) and we have a market open for it on RobinMarkets where you can buy YES or NO shares on the possibility of that event happening successfully.
We integrated a coundown timer that shows you exactly when the market ends and when it would be resolved. You can check this market out on our app right now.
https://t.co/ATMlsNI8qq
RobinMarkets is now live on Robinhood Chain Testnet
RWAs and Stock Predictions are the future of trading. RobinMarket is where the two meet: an app where traders can simply Buy and sell binary “Yes / No” shares on where Tokenized equities & RWAs are headed and events around these sectors. Orders are signed off-chain and settle on-chain, no custody, no middleman.
Before our mainnet launch in the next few days, we would like users to test and give us genuine feedbacks to ensure this meets your expected requirements.
Disclaimer: RobinMarkets is still in final production phases so there will be slight changes to the website as we keep building.
Built on @robinhoodapp
https://t.co/ATMlsNI8qq