Audience
Adults interested in prediction markets and event trading
About Melbo
Melbo is a web prediction-market interface for trading shares tied to real-world event outcomes. Each market presents a Yes/No question; share prices reflect the market’s implied probability, and a correctly resolved share pays $1. Users browse markets spanning politics, sports, esports, crypto, business, science and other subjects, and can buy or sell positions before resolution. Accounts use email, Google or Telegram sign-in and include an embedded non-custodial wallet. Users fund it with USDC on Polygon; the minimum trade is $1, and Melbo covers network gas. Trades are routed to third-party smart-contract markets and outcomes are settled through a decentralized oracle. Market orders incur a 1% platform fee plus a category-dependent liquidity fee; limit orders, deposits, withdrawals and payouts are fee-free. The service is for adults 18 and older, subject to geographic restrictions, and trading can result in loss of funds.
Other Popular Alternatives & Related Software
Kalshi
Kalshi is a federally regulated derivatives exchange built for quants. Kalshi’s markets are volatile and settle daily, which means even a small edge can be extremely profitable. Trading is fully-cash collateralized, so you can never lose more than you put into a trade, and contracts can be purchased for as little as $0.01.
Kalshi supports trading through its native app (iOS & Android), website, and API. The latter features extensive documentation, open-sources sample code, and live technical support. Getting started with an algorithmic strategy is as easy as `pip3 install kalshi_python`.
The following data is available for free on both the website and API:
* Historical spreads: Use past pricing data to set up back-tests within minutes.
* Low-latency broadcasts: Receive live updates of market price movements and trade executions.
* Economic projections: Build strategies using Kalshi’s proprietary forecasting tools.
Learn more about Kalshi
Polkamarkets
Polkamarkets is a Autonomous Prediction Market Protocol built for cross-chain information exchange and trading, where users take positions on outcomes of real world events–in a decentralized and interoperable platform on Polkadot. Users can monetise their forecasts of future outcomes and events within an interoperable and decentralized infrastructure, where your beliefs become assets with financial value traded openly on the market. Buy & Sell fractions of event outcomes, or even create your own events where others can take their own positions. More than just a prediction market, Polkamarkets will have important entertainment features. These include NFT-based gamification, live streaming integration for in-play positions on Esports & Sports, and daily crypto price markets. Live chats and virtual events in online communities will also form a key entertainment value-add to our platform.
Learn more about Polkamarkets
DraftKings
DraftKings Predictions is a prediction market feature by DraftKings that allows users to forecast the outcomes of real-world events and earn rewards based on their accuracy. It combines elements of sports betting, forecasting, and market-based predictions into an interactive platform. Users can trade on event outcomes, with prices reflecting the probability of each result. It covers topics such as sports, politics, and major global events. It provides real-time insights driven by user activity and collective sentiment. DraftKings Predictions offers a regulated and user-friendly environment for engaging with prediction markets. Overall, it turns forecasting into an engaging and potentially rewarding experience.
Learn more about DraftKings
Polymarket
Polymarket is a blockchain-based prediction market platform that allows users to trade on the outcomes of real-world events by buying and selling shares tied to specific results. Instead of betting against a centralized house, users participate in a peer-to-peer market where prices reflect the collective belief about the probability of an event occurring. Each market typically offers “Yes” or “No” outcomes, with share prices ranging from $0.01 to $1.00, representing the likelihood assigned by participants. It operates on the Polygon blockchain and uses cryptocurrency, enabling transparent, trustless transactions settled through smart contracts while maintaining user control over funds. Polymarket covers a wide range of topics, including politics, economics, sports, and global events, and is designed to aggregate information from diverse participants into real-time probability estimates.
Learn more about Polymarket
Pricing
Pricing Details:
Market orders incur a 1% platform fee plus a category-dependent liquidity fee. Limit orders, deposits, withdrawals and payouts are fee-free. Minimum trade: $1; network gas is covered by Melbo.
Free Version:
Free Version available.
Integrations
Company Information
Melbo
British Virgin Islands
melbo.io
Videos and Screen Captures
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Product Details
Platforms Supported
Cloud
Training
Documentation
Support
Online
Melbo Frequently Asked Questions
Q: What kinds of users and organization types does Melbo work with?
Melbo works with these users and organization types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, Government, and Startup.
Q: What languages does Melbo support in their product?
Melbo supports these languages: English, German, Indonesian, Italian, Japanese, Polish, Russian, Spanish, and Chinese (Simplified).
Q: What kind of support options does Melbo offer?
Melbo offers support via online.
Q: What other applications or services does Melbo integrate with?
Melbo integrates with: Google, Polygon, and Telegram.
Q: What type of training does Melbo provide?
Melbo provides training in the form of documentation.
