TLDR
- Blokotech launched BlokoPredict, a white label prediction markets engine for operators, media brands and fintech platforms.
- The tool lets partners add prediction markets without building their own trading or compliance systems.
- It uses a live pricing model called an automated market maker, so trades do not need to wait for a matching counterparty.
- Markets can be imported from data feeds or added through custom webhooks, then checked in a moderation queue before going live.
- Operators get a dashboard that tracks trading volume, open positions, feed health and settlement status.
Blokotech has released a new product called BlokoPredict. It is a white label prediction markets engine built for operators, media companies and fintech platforms.
The system lets these partners add prediction markets to their own websites. They do not need to build their own trading, pricing, settlement or compliance tools from scratch.
Blokotech says the product can be added in more than one way. It works as a single white label module or as an iframe that sits inside a partner’s existing site.
How the Pricing and Markets Work
BlokoPredict uses live pricing that runs at all times. This is powered by an automated market maker based on a model called LMSR.
Because of this setup, markets do not need two matching traders to start action. Prices update on their own as people trade.
Operators can build their own markets inside the platform. They can also pull in markets automatically from outside data feed providers already connected to the system.
Custom webhooks offer another option. These let operators bring in markets from other outside sources as well.
Every market goes through a moderation queue before it appears to users. This step checks the market title, the possible outcomes and the rules for how it will be settled.
Branding, Settlement and Oversight Tools
The product is shown to users through a branded iframe. This means it runs on the operator’s own website domain, not on a separate Blokotech site.
Each partner using BlokoPredict can set its own branding. This includes logos, currencies and fee setups, so the product matches the rest of their platform.
Market outcomes can be settled in two ways. Operators can choose automatic settlement or handle it manually themselves.
All money movement is tracked closely. Deposits, trades, fees and payouts are recorded in a double entry ledger system.
The platform also includes role based permissions. This controls who on an operator’s team can take which actions inside the system.
An exportable audit log is built in as well. This gives operators a paper trail for compliance checks.
A live dashboard rounds out the toolset. It shows trading volume, open positions, the health of data feeds and the status of settlements in one place.
There is also a single operations queue. This brings together pending tasks like publishing, locking, resolving and settling markets so staff can manage them from one screen.
BlokoPredict is now live for Blokotech’s business partners. It can run as a standalone product or alongside the rest of Blokotech’s existing platform tools.
Blokotech Co-Founder and CEO Salvatore Messina said prediction markets keep growing in popularity. He said operators want to offer this feature without building the trading and settlement systems themselves.
Messina added that BlokoPredict packages that infrastructure so operators can launch prediction markets fast. He said it gives them a new revenue stream without changing their current technology setup.
