Will the costs for creating a yes/no questions/markets of 1000 be reduced in 2024?
Will the costs for creating a yes/no questions/markets of 1000 be reduced in 2024?
17
1kṀ12k
resolved Jun 4
Resolved
YES

If the creation cost of yes/no questions is reduced below 1000 in 2024 the market will be resolved to yes

Get
Ṁ1,000
to start trading!

🏅 Top traders

#NameTotal profit
1Ṁ1,580
2Ṁ783
3Ṁ275
4Ṁ162
5Ṁ16


Sort by:
1y

Follow-up to this market:

With this change the cost of creating a market is now less than the amount that the weekly quest asking you to create a market pays out, allowing users to claim $0.40 worth of mana per week by creating at least one question. Do we think Manifold will continue to hand out free mana in this way?

/MartyDettmann/will-we-be-able-to-get-free-mana-we

bought Ṁ3,000 YES1y

https://discord.com/channels/915138780216823849/994321335419420832/1247441942233747467 Markets can now cost either 100M ("Play"), 1000M ("Basic"), 10kM ("Plus"), 100kM ("Premium"), or 1.0M mana ("Crystal"). So we can create yes/no questions/markets for less than 1000M. Does that count @Base ?

1y

Counterpoint: The display of the market creation cost has stayed at 1000M.

Imo it makes sense bc they want to encourage people to spend 1000M on markets, so they will deprioritize 100M markets, or remove them entirely. I judge that this counts as market creation cost being reduced in 2024, but reasonable people may disagree

bought Ṁ250 NO1y

Definitely not, if anything mana inflation will begin now due to daily mana bonus growing tenfold.

bought Ṁ100 NO1y

I think they want the current equilibrium where way less questions are created

1y

@SaviorofPlant I came to the same conclusion. It was really hard to keep up with the amount of markets being created

sold Ṁ46 YES1y

I suspect so. the 100 mana worked before because inflation had already devalued the currency.

What is this?

What is Manifold?
Manifold is the world's largest social prediction market.
Get accurate real-time odds on politics, tech, sports, and more.
Or create your own play-money betting market on any question you care about.
Are our predictions accurate?
Yes! Manifold is very well calibrated, with forecasts on average within 4 percentage points of the true probability. Our probabilities are created by users buying and selling shares of a market.
In the 2022 US midterm elections, we outperformed all other prediction market platforms and were in line with FiveThirtyEight’s performance. Many people who don't like betting still use Manifold to get reliable news.
ṀWhy use play money?
Mana (Ṁ) is the play-money currency used to bet on Manifold. It cannot be converted to cash. All users start with Ṁ1,000 for free.
Play money means it's much easier for anyone anywhere in the world to get started and try out forecasting without any risk. It also means there's more freedom to create and bet on any type of question.
© Manifold Markets, Inc.TermsPrivacy