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Hedgehog Markets

Hedgehog Markets

Hedgehog is a lightning-fast prediction market that generates passive income for LPS, providing users with a seamless experience.

Hedgehog Markets is a decentralized prediction markets platform built on the Solana blockchain.

What are Prediction Markets?

Prediction markets are markets that enable participants to trade on the outcomes of future events. Markets are tied to events and have market topics such as Will candidate X win the 2020 presidential election? Participants purchase shares tied to outcomes, where market prices are dictated by the wisdom of crowds and resolution prices are determined by the actual outcome of the underlying event. Up until the final outcome, share prices reflect the collective knowledge of market participants and the market consensus on the probability of each outcome occurring. Market topics can cover any event where results can be objectively verified, e.g., elections, sporting events, crypto prices, etc.

Hedgehog's decentralized prediction markets (DPM) platform enables users to "predict the future" in a decentralized environment.

What does this mean? Unlike centralized prediction markets, DPMs run on blockchain technology and function peer-to-peer with no central intermediary. Orders are executed via smart contracts, allowing users to transact directly from their wallets into market pools without relinquishing custody of their funds. All transactions are recorded in a public ledger and users can access this information at any time. Built on the Solana blockchain, the Hedgehog platform has lightning-fast transaction speeds and near-zero network fees.

Timeline

July 27, 2021
Hedgehog Markets raises a $3,500,000 seed round from Alameda Research and Solana.

Funding rounds

Patents

Further Resources

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Hedgehog Markets

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Hedgehog Markets - Medium

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Hedgehog Markets (🦔,🦔) (@HedgehogMarket) | Twitter

Hedgehog Markets ( 🦔, 🦔)

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March 14, 2021

Join the Hedgehog Markets Discord Server!

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