Resolution criteria
This market will resolve to the calendar month in which the first official, in-person bilateral summit between the sitting President of the United States and the supreme leader of North Korea (currently Kim Jong Un) begins.
Definition of a Summit: An in-person meeting between the sitting US President and the supreme leader of North Korea. The meeting must be confirmed by reputable international news outlets (e.g., Reuters, Associated Press, Bloomberg) or official government statements from the White House or North Korean state media (KCNA).
Timing: The month of the summit is determined by the local time zone of the venue where the meeting physically begins.
Resolving Overlapping Options:
If a summit begins during the month of August 2027, the option "August 2027 or later" will resolve YES.
If August 31, 2027 (11:59 PM UTC) passes and no such summit has commenced, the option "No summit will take place by August 31, 2027" will resolve YES, regardless of any summits scheduled or occurring after that date.
Background
In August 2026, reports emerged that US President Donald Trump was pushing aides to explore a face-to-face meeting with North Korean leader Kim Jong Un, potentially as early as autumn 2026 or on the sidelines of the APEC summit in November 2026. This potential push followed Trump's decision to order a reduction in joint US-South Korea military exercises to signal openness to renewed nuclear diplomacy. While Trump met Kim three times during his first presidential term (2018–2019), formal diplomatic talks have remained stalled since the 2019 Hanoi summit.
Update 2026-08-19 (PST) (AI summary of creator comment): * The option August 2027 or later is defined to mean up to August 31, 2027.
Update 2026-08-19 (PST) (AI summary of creator comment): - The option August 2027 or later only applies to summits starting on or before August 31, 2027.
Any summit occurring after this date will result in No summit will take place by August 31, 2027 resolving YES.
People are also trading
@LcNg Hold on, there is a corner case that might break this market. How does "No summit will take place by August 31, 2027" interact with "August 2027 or later"? The way this market is set up, both of those cannot resolve YES.
@LcNg Ah, okay. In that case, I think removing the "or later" part would be consistent with your ruling here.
@LcNg Thanks for the clarification. I see that it was originally covered by the AI description, but I wanted to make sure this was your intent.
Thanks for updating the wording!