Foretell

Every day, people make predictions.

Markets will rise or fall. Products will launch. Protocols will reach milestones. Economic indicators will change. Teams will win. Public events will unfold.

Most of these expectations remain fragmented across research, social media, news, private analysis, and individual opinion.

Foretell creates a common market where those expectations can compete.

A future event becomes a proposition. Participants take opposing positions. Capital moves toward different expectations.

The resulting price becomes a continuously updating representation of what the market believes is likely to happen.

Foretell transforms uncertainty into a tradable market.

Foretell markets are built around clearly defined propositions.

A proposition could ask: Will Bitcoin trade above a specified price before a defined date? Will a protocol launch its mainnet before the end of the year? Will a team win a particular competition? Will an economic indicator exceed a defined level?

Each market contains predefined conditions describing exactly what constitutes each outcome and how the final result will be determined.

Participants can then take one of two positions: FOR or AGAINST.

FOR represents the proposition occurring. AGAINST represents the proposition not occurring.

Together, the two sides create a market around the event.

Foretell does not assign probabilities to events. The market does.

When participants believe an event is more likely than its current price suggests, they can acquire FOR. When they believe the market is overestimating the event, they can acquire AGAINST.

Trading continuously changes the relationship between the two sides.

A FOR position priced at 0.68 can therefore be interpreted as the market valuing the outcome at approximately 68% of its maximum settlement value.

Prices are not permanent predictions. They are live expectations. New information can change them immediately.

A market might move because of new economic data, a company announcement, an onchain transaction, an injury, a regulatory decision, a product release, a political development, or any other information relevant to the proposition.

Foretell turns those changes in expectations into observable market movement.

Every Foretell market begins as a Signal.

A Signal is a proposed future event that can become a tradable market.

A Signal defines the proposition, the possible outcomes, the trading deadline, the settlement conditions, and the acceptable sources of evidence.

The objective is to transform ordinary questions into markets that can ultimately reach an objective conclusion.

A proposition should not depend on interpretation after the event occurs. Participants should understand the conditions before trading begins.

Once activated, the Signal becomes an open Foretell market. Its core settlement conditions are committed before trading takes place.

The market therefore begins with its ending already defined.

Foretell is designed as an open market network.

Market creation is not restricted to a centralized editorial team.

Participants can introduce new Signals covering categories such as digital assets, financial markets, technology, economics, sports, public events, culture, and other objectively verifiable subjects.

The value of an open market network increases with the questions participants choose to price.

When communities care about an uncertain event, Foretell provides the infrastructure for that uncertainty to become a market.

Creating a useful market requires more than writing an interesting question. The proposition must be capable of being settled.

Foretell structures market creation around several elements:

Question — What exactly is being determined?

Conditions — What must happen for FOR to win?

Deadline — When does the market stop evaluating the event?

Evidence — Which sources can establish what occurred?

Exceptions — What happens if information is unavailable, an event is cancelled, or unusual circumstances prevent normal settlement?

These conditions are established before the market becomes active. This reduces ambiguity when settlement occurs.

Every binary Foretell market contains two complementary positions.

FOR represents the defined event occurring. AGAINST represents the defined event not occurring.

Participants choose which side they believe is incorrectly priced.

The positions remain tradable while the market is active.

A participant does not need to hold a position until final settlement. If market expectations change, positions can be increased, reduced, or exited according to available liquidity.

Foretell therefore allows participants to trade not only the final result, but also the changing expectations leading toward it.

FOR and AGAINST represent opposing claims on the same market.

Together, a complete pair represents the full settlement value of that market.

This relationship allows market positions to be created against collateral and ultimately reconciled through settlement.

Before final settlement, complementary positions can interact according to the protocol’s market mechanics.

After settlement, only the position corresponding to the final outcome retains settlement value.

This structure connects every position to defined collateral rather than creating an unsupported wager between participants.

Foretell markets function as continuous information systems. Every transaction changes the market.

Consider a market asking whether a particular event will occur. The market begins near FOR 0.50 and AGAINST 0.50.

New information appears. Participants become more confident that the event will occur. Demand for FOR increases. The market moves toward FOR 0.71 and AGAINST 0.29.

The movement itself communicates information. People who never trade the market can still observe how expectations are changing.

This creates the core Foretell cycle: Information → Conviction → Position → Price → Information.

Markets continuously absorb what participants know.

Participants can enter Foretell markets using available collateral. Trading is executed through onchain market infrastructure.

A participant chooses a market, selects FOR or AGAINST, enters a position, and receives exposure to that outcome. Positions can subsequently be traded while the market remains active.

This creates a secondary market for expectations.

Participants can therefore express several different views. An event may eventually occur, but its probability may currently be overpriced. An event may be unlikely, but its market price may underestimate the possibility.

Foretell allows participants to trade the difference between price and conviction, rather than simply guessing which outcome ultimately wins.

A market requires liquidity before expectations can be efficiently expressed.

Foretell enables participants to supply liquidity to active markets. Liquidity allows traders to enter and exit positions without requiring a directly matched counterparty for every individual transaction.

Deeper liquidity generally creates more efficient price discovery and reduces the impact individual trades have on market prices.

Eligible trading fees generated by markets can be distributed according to the protocol’s liquidity mechanics.

This creates two fundamental market roles. Traders price uncertainty. Liquidity providers make that pricing possible.

Together they create functioning event markets.

Every Foretell market follows a defined lifecycle.

Signal — A new proposition is introduced.

Formation — Settlement conditions, deadlines, and evidence requirements are established.

Activation — The market becomes available for trading.

Discovery — Participants trade FOR and AGAINST as information changes.

Closing — Trading ends according to the market’s predefined conditions.

Proposed Settlement — An outcome is submitted based on the market rules and available evidence.

Verification — The proposed outcome enters a challenge period.

Finalization — The market reaches final settlement.

The lifecycle ensures that every market moves from uncertainty toward a defined conclusion.

Trading determines what participants expect. Settlement determines what actually happened.

Foretell separates these responsibilities.

When a market reaches its settlement condition, an outcome can be proposed using the evidence defined when the market was created.

That proposal does not immediately become final. It enters a verification period during which incorrect outcomes can be challenged.

Straightforward markets can therefore settle efficiently when there is no disagreement. Contested markets can move into deeper review.

This creates an optimistic settlement model: accept obvious outcomes quickly, investigate disputed outcomes carefully.

When a proposed outcome is challenged, the market enters Settlement Review.

Review examines the proposition according to the conditions established before trading began.

The purpose of review is not to reinterpret the market. It is to determine whether the proposed settlement correctly follows the original conditions.

Challenges require economic commitment. This creates consequences for attempting to delay or manipulate legitimate settlement.

Where disagreement persists, settlement can escalate through additional verification mechanisms involving participants responsible for securing the network.

The greater the disagreement, the stronger the verification process can become.

A settlement network cannot rely only on goodwill. Foretell uses economic accountability.

Participants performing designated settlement functions may be required to commit Foretell to those actions. Correct participation protects that commitment.

Actions proven inconsistent with protocol rules can place committed value at risk according to the protocol’s settlement mechanics. Challenges can similarly require collateral.

This changes the economics of manipulation. Without collateral, submitting a dishonest result may cost nothing. With economic commitment, dishonest participation carries consequences.

Foretell therefore uses incentives to align settlement participants with objective market resolution.

Markets are settled using evidence. What qualifies as evidence is defined before trading begins.

Depending on the proposition, acceptable evidence may include official publications, recognized financial data, blockchain state, public databases, competition records, government releases, company announcements, or other explicitly identified sources.

Markets can define multiple acceptable sources where appropriate.

The principle is straightforward: the method for determining reality should be known before participants trade it.

Once the verification process has concluded, the market becomes final.

The position corresponding to the confirmed outcome becomes eligible for settlement according to the market’s predefined value. The opposing position expires without settlement value.

At this point, the market has completed its purpose.

Uncertainty became price. Information changed that price. Reality produced the final answer.

Foretell is the native coordination asset of the network. It connects the economic participants responsible for creating, securing, governing, and expanding Foretell markets.

Its role extends beyond trading. Foretell is designed around three primary functions:

Settlement Security — Foretell can be committed within designated settlement and dispute mechanisms, creating economic accountability around market resolution.

Protocol Governance — Foretell enables participation in decisions concerning configurable protocol parameters.

Network Coordination — Foretell aligns participants across market creation, settlement, governance, and protocol economics.

The asset therefore represents participation in the infrastructure underlying the market network.

Foretell governance concerns the rules of the network.

Governance may coordinate configurable elements including market parameters, protocol fees, settlement requirements, economic security parameters, review mechanisms, treasury policies, and supported infrastructure.

Governance is distinct from individual market settlement.

Once a market is active, its predefined conditions determine the outcome. Governance should not become a mechanism for rewriting an active market because participants dislike its result.

This separation protects market credibility.

Governance manages the protocol. Market rules govern the outcome.

Foretell markets generate economic activity through trading and other protocol interactions.

Where protocol-level fees apply, those fees form part of the Foretell economic system.

Governance can coordinate eligible protocol economics, including how revenue is allocated toward network operations, liquidity incentives, settlement security, treasury resources, or other protocol functions.

This creates a relationship between market activity and the infrastructure supporting that activity.

The objective is a network capable of sustaining the markets operating within it.

Foretell is designed around observable market state.

Participants can inspect the conditions governing a market before entering it. They can observe market prices, liquidity, settlement proposals, challenges, and finalized outcomes.

The system therefore minimizes dependence on an invisible platform operator.

Foretell markets are designed to be independently verifiable.

Foretell is more than a venue for predicting whether something will happen. It is an information market.

Consider two analysts. One believes an event has an 80% probability of occurring. Another believes the probability is only 40%.

Discussion alone cannot determine which conviction is stronger. A market creates a common measurement.

Both participants can express their expectations economically. Thousands of participants can do the same. Their collective actions produce a continuously changing price.

The result is a public signal created from distributed information.

Foretell turns disagreement into price discovery.

Information frequently reaches different participants at different times.

One participant may understand an industry better. Another may analyze onchain activity. Another may follow economic data. Another may understand a particular sport. Another may discover relevant information before the broader market incorporates it.

Foretell gives informed participants a mechanism for expressing that informational advantage.

When information is valuable, markets create an incentive to discover it. When new information becomes widely understood, prices adjust.

Markets therefore become mechanisms for both discovering and distributing information.

Prediction is only the visible layer. Underneath it, Foretell creates infrastructure for measuring expectations.

A Foretell price can answer questions such as: How likely does the market believe this event is? How has that expectation changed? When did sentiment shift? How strongly does the market disagree? Which events are attracting attention? Where is uncertainty highest?

These signals can have value beyond trading. Researchers can study them. Applications can display them. Communities can discuss them. Developers can integrate them.

Foretell creates a public probability layer for future events.

Foretell is designed as onchain infrastructure.

Markets, positions, prices, liquidity, and settlement states can exist as observable blockchain state. This allows other applications to interact with Foretell markets.

Interfaces can aggregate markets. Analytics platforms can monitor probabilities. Applications can display event expectations. Automated systems can respond to settlement states. Developers can build new experiences around Foretell market information.

Foretell is therefore not limited to a single interface. The protocol provides an underlying market layer.

Foretell is designed for deployment on Robinhood Chain.

The network provides an EVM-compatible environment where Foretell’s markets and settlement infrastructure can operate through smart contracts while remaining compatible with the broader Ethereum development environment.

Foretell operates as an independent protocol deployed on Robinhood Chain.

Deployment on Robinhood Chain does not imply that Foretell is operated, sponsored, endorsed, or guaranteed by Robinhood.

A prediction market is valuable only when participants can understand what they are trading.

Foretell therefore places market integrity around several principles:

Predefined Rules — Settlement conditions exist before trading.

Observable Markets — Prices and market state remain transparent.

Objective Evidence — Settlement relies on predetermined sources and conditions.

Economic Accountability — Participants responsible for sensitive settlement actions face economic consequences.

Open Participation — Markets can emerge from participants rather than exclusively from a centralized operator.

These principles form the foundation of Foretell.

Participation in onchain markets involves risk.

Market prices represent participant expectations and should not be interpreted as guarantees that an event will or will not occur.

Participants can lose the value committed to positions. Liquidity provision may introduce additional market and smart-contract risks.

Blockchain networks can experience congestion, technical failures, exploits, or unexpected behavior. Settlement may involve disputes when real-world events are ambiguous or evidence conflicts. Digital assets may also experience significant volatility.

Participants should independently evaluate markets, settlement conditions, smart-contract risks, and applicable requirements before interacting with Foretell.

The world already trades expectations.

Financial markets price expectations about companies. Bond markets price expectations about interest rates. Options markets price expectations about volatility.

Foretell extends market-based information discovery directly to events.

A question becomes a market. A belief becomes a position. Information becomes price movement. Disagreement becomes liquidity. Reality becomes settlement.

This creates a market that does not simply ask people what they think will happen. It gives them a mechanism for expressing how strongly they believe it.

Foretell transforms the future from a conversation into a market.