How long does it take to build a prediction market platform?
A production-ready MVP typically takes 12–16 weeks from discovery to launch. This includes smart contract development, frontend, mobile apps, payment integration, and compliance layer. More complex platforms with custom AMM logic or enterprise governance can take 20–24 weeks. We give you a detailed timeline after the discovery phase — never a vague "3-6 months."
What blockchains do you support?
We support all major EVM-compatible chains including Polygon, Base, Arbitrum, Optimism, and BNB Chain, plus Solana for high-throughput applications. We can also deploy on Layer 2 solutions and custom appchains. The chain selection is driven by your target user base, transaction cost requirements, and liquidity strategy — we advise on the right architecture in discovery.
Do I need a crypto audience to launch a prediction market?
No. We build fiat-first platforms where users sign up with email, deposit via card or bank transfer, and trade — the blockchain is invisible to them. The crypto rails handle settlement behind the scenes. This means you can target mainstream audiences for political forecasting, sports, or enterprise use cases without requiring Web3 literacy.
How does AI-assisted market resolution work?
Our resolution oracle aggregates data from multiple authoritative sources (news APIs, official data feeds, sports data providers), then runs the resolution logic through an LLM layer that cross-validates the outcome against the market question. Clear resolutions settle automatically. Ambiguous or contested markets enter a structured dispute flow with evidence submission, community voting, and escalation to a trusted arbitration layer. This reduces manual resolution overhead by over 80%.
What does the compliance layer cover?
The compliance layer includes KYC (identity verification via Sumsub, Jumio, or Onfido), AML transaction monitoring, OFAC/sanctions screening, geo-fencing for restricted jurisdictions, and a full audit trail for regulatory reporting. We also include a terms framework review and help you structure your platform's legal exposure. Note: we are not a law firm and recommend working with crypto-specialist legal counsel for jurisdiction-specific advice.
Do I own the source code?
100%. You receive full ownership of all source code, smart contracts, design files, and documentation upon final delivery. There are no licensing fees, no revenue royalties, and no ongoing dependency on iTechnolabs to operate your platform. The code is yours to modify, host, and extend however you choose.
What is the approximate cost to build a prediction market platform?
Project cost varies significantly based on scope — chain strategy, feature set, compliance requirements, and custom trading logic all affect the investment. A focused MVP starts at $40K–$80K USD. Full-featured, multi-chain platforms with advanced AI resolution and enterprise compliance run $120K–$250K+. We provide a detailed quote after the discovery session, and we never pad scope. Book a free consultation and we'll give you an honest ballpark within 48 hours.