PredIQt Development Update: Sell Market Shares and More
Today we’d like to announce the release of our latest major PredIQt software update. Both of the updates we’ve made are the result of feedback from our users. We appreciate everyone who has contributed feedback thus far, and we encourage all users to let us know their thoughts on how we can improve the PredIQt experience!
As of today, we’ve added two major features — the ability for users to sell their existing shares in any market, and a claim function that allows users to easily access their earnings.
Previously, users who purchased shares in any given market had to hold those shares until the market’s completion. Users have the ability to transfer shares to other EOS accounts. As of today, however, users are able to exit their market position by selling their shares to other users directly from within the PredIQt UI. This update will allow users to more easily move into and out of market positions, allowing for real-time adjustments that will more accurately price event outcomes.
To sell shares that you own, simply navigate to your profile page. There you will see the option to sell your existing shares, as shown in the images below.


For users, this change means that they now have more optionality with regards to entering and exiting markets. We believe that this change will allow for more accurate pricing of outcome shares, and will generally improve user experience.
This is the first step towards widespread support for and adoption of secondary market trading for existing shares. At the protocol level, this change is the result of a number of important development updates. The primary market contract and the secondary market contracts are completely separate, meaning that there is no built-in link between them. That means that users have the ability to engage in market-making between the primary and secondary markets for PredIQt shares. In other words, this opens up an entirely new set up possible user behaviors and profit-seeking opportunities for PredIQt users. We’re excited to share this feature and see users with trading experience take advantage of these opportunities.

We’ve also improved the UI to make it easier for users to access their earnings on PredIQt, as requested by many. You’ll now notice an additional “claim” button that has been added in under the shares tab on profile pages. When a market has expired, users will be able to easily claim their rewards using this function.

To play around with these new features, visit prediqt.everipedia.org
We look forward to continuing to build new features into the PredIQt software. Our development team has been hard at work on a number of major changes and improvements that will debut in future software updates.
Coming soon:
- user-generated markets
- user referrals
- new options for oracles
- premium features with staked $IQ
- and much more
As always, be sure to follow us on Telegram and Twitter to stay updated on PredIQt. Your feedback is what allows us to continue improving the PredIQt product, so please share any questions, comments, or concerns with us!
