When will Manifold give a cash payout from Prize Points?
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Plus
24
Ṁ21k
resolved Oct 11
Resolved
NO
Before August
Resolved
NO
Before September
Resolved
NO
Before October
Resolved
YES
Before November
Resolved
YES
Before December
Resolved
YES
Before January 2025
Resolved
YES
Before February 2025
Resolved
YES
Before March 2025
Resolved
YES
Before April 2025

Context: [Announcement](https://manifoldmarkets.notion.site/A-New-Deal-for-Manifold-c6e9de8f08b549859c64afb3af1dd393)

Will cash payouts (tied to Prize Points) ever come to fruition? All remaining options resolve YES on the first user (non-staff, not explicitly for a test) being paid out. Options that come to pass without cash payouts will resolve NO.

Cash payouts must be tied to Prize Points, not Creator Bonuses (another pay out system), as outlined in the pivot announcement. Market will extend as needed.

Clarification:
> if there’s a spiritual successor to PP that does the same function, this will continue on with that

See Matty B's excellent market /mattyb/the-pivot-will-manifold-ever-give-a

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bought Ṁ363 YES

@Bayesian i believe case had a successful withdrawal (from another market, I can find if it’d help) so these can resolve YES

bought Ṁ100 NO

@Bayesian resolves NO.

the minimum withdrawal is 25 sweepcash, and there are <10 people from the 2 resolved markets who qualify, glancing at their portfolios it looks like none have withdrew (plus I asked ian to confirm, and it seems that's the case. i'm sure people will withdraw very soon, but only 2 markets have resolved so far)

Has anybody gotten cash out yet?

i’m trying to decide if that should be a requirement for the yes resolution or if I should resolve them yes now either way

bought Ṁ12 NO

@Bayesian only one market has resolved with just a handful of traders so i suppose you could manually check. but the amounts are extremely small so i'd be surprised if anyone did

@Bayesian

i’m trying to decide if that should be a requirement for the yes resolution or if I should resolve them yes now either way

hmm it's your market but i feel like the description is fairly clear that it requires someone to actually withdraw cash, not just theoretically be able to

All remaining options resolve YES on the first user (non-staff, not explicitly for a test) being paid out. Options that come to pass without cash payouts will resolve NO.

(otherwise "not explicitly for a test" & etc wouldn't make sense)

@Ziddletwix you're right, thanks.

maybe the first redemption will happen today. let's see

bought Ṁ200 YES

lol inversing my position like crazy 😂

@Bayesian what if prize points are removed and cash payouts come from a different currency?

It still counts. I second mattyb's comment https://manifold.markets/mattyb/the-pivot-will-manifold-ever-give-a#610qf4bq0s and intend for the resolutions to match bc afaict the descriptions match

We are now planning to launch [real-cash sweepstakes markets] mid to late August, which will give us ample time to operate for the remainder of the election cycle.

https://manifoldmarkets.notion.site/Investor-update-7-23-24-9a9573a1e4ab4307aa2b8bb4a31d4f0d

they're yelling at lawyers a bunch these last few days, so not sure how successful that timeframe will end up being

sold Ṁ48 YES

Yeah and chatter about changing firms and visiting in person to yell at existing firm

How do you earn PRIZE POINTS?

By winning bets in one of the rare prize markets. In fact, I cannot find an open one, but here are some closed ones: https://manifold.markets/home?s=newest&f=all&ct=ALL&p=1&fy=1&mt=00000

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