🎯 PREDICTION MECHANISM

FutureCast’s prediction mechanism is designed to be transparent, fair, and rewarding for active participants. It blends strategy with social interaction, allowing users to forecast events and earn points based on their accuracy.

How It Works❓

1️⃣ Prediction Creation: Any user can create a prediction for an upcoming event or outcome. Creating a prediction costs 4 FCP, which acts as a commitment fee and helps maintain quality predictions.

2️⃣ Joining Predictions: Other users can participate by staking at least 0.5 FCP on one of the possible outcomes. This low entry point allows anyone to get involved while encouraging thoughtful participation.

3️⃣ Outcome Resolution & Rewards: Once the event concludes and the outcome is verified, the winning side receives the losing pool (after small platform and creator fees). Rewards are distributed proportionally based on the user’s contribution to the winning side, ensuring fair payouts.

💡 Example Formula:

Winning payout = (User’s stake / Total winning stake) * Remaining losing pool

This formula ensures that larger stakes on the winning side earn proportionally larger rewards, while still rewarding smaller contributions fairly.

⚖️ Fairness Principles:

Transparent Fee Deductions: All platform and creator fees are visible and automatically calculated before distribution, leaving no hidden costs. ✅ Verifiable Outcomes: Each prediction’s result is tied to credible data sources or community verification, ensuring trust and accuracy. ✅ Skill-Based Engagement: Users are rewarded for good judgment and analysis rather than chance, creating a more meaningful and competitive environment. ✅

🔒 Security & Trust-The entire process is designed to prevent manipulation and ensure payouts are handled automatically, keeping the system reliable, secure, and fair for all participants.