How to write a good prediction market question
The difference between a useful prediction market and a confusing one is usually the question. A good market has a named event, a deadline, a resolution source, and a binary outcome that ordinary users can understand.
Weak question: Will Denmark have a chaotic political year? Stronger question: Will a new Danish prime minister be announced by a specific date according to an official government source?
The NordCast checklist
- Can the market resolve Yes or No without subjective judgment?
- Does the question include a deadline?
- Is the source named before trading starts?
- Would a new user understand what has to happen?
- Is there enough public interest for people to discuss and trade it?
This is why NordCast asks users to submit a resolution source with every new market request. The source is not a detail; it is the foundation of the contract.