Are you ready to engage with real-world events directly from your digital wallet? We’re excited to introduce Event Markets, a brand-new tab within your Trust Wallet app. Positioned alongside familiar features like Swaps, Perps, and Meme Rush, Event Markets offers a unique gateway to on-chain betting on a diverse range of outcomes.
This innovative product aggregates event proposals from trusted, integrated vendors. What does this mean for you? You're able to purchase tokenized YES or NO outcomes directly using your wallet funds, with no need for additional deposits. It’s all about putting control and opportunity right at your fingertips within the secure Trust Wallet environment.
What are Event Markets?
Event Markets provides a decentralized platform for predicting outcomes of various real-world scenarios. We’re talking about everything from major elections and sports results to crypto price milestones, cultural moments, and financial indicators. Vendors seed these markets, and we display them for you in real-time with clear odds, descriptions, and resolution timelines.
We're kicking off with integrated vendors like swaps.xyz (Polymarket), available via a dflow proxy on Solana for users globally, including those in the US. We're also featuring Myriad on BNB Chain, catering to users outside of specific restricted regions like the US, Singapore, and the UK. We’re always looking to expand, with plans to add more chains and partners in the future, growing with your diversifying needs and preferences.
Key Features Designed for You
We've crafted Event Markets with a user-centric experience in mind, ensuring a seamless journey:
Real-time Listings: You'll find dynamic event listings complete with current odds, detailed descriptions, and resolution dates.
Instant Trading: Buy or sell shares instantly using the assets already in your wallet, such as SOL or BNB.
Geofencing & Compliance: Our advanced geofencing system dynamically filters events based on your location. This ensures you only see options compliant with local regulations. For example, US users will see swaps.xyz options, while users in restricted regions won't see inaccessible Myriad events. We're committed to 100% compliance, audited via IP detection in Cloudflare. Always bet responsibly and check local regulations.
On-Chain Mechanics: All shares are tokenized and tradeable both before and after the event's resolution. Vendors seed these markets, and Trust Wallet acts purely as an aggregator, not a custodian. This means you maintain full control over your assets.
Mobile and Web Access: Whether you prefer using your mobile device or a web browser, Event Markets will be fully accessible on both Trust mobile apps (iOS/Android) and the web, ensuring seamless wallet integration across platforms.
Your Journey into Event Markets
Exploring Event Markets is straightforward:
Discovery and Entry: Simply navigate to the new "Event Markets" tab from the bottom navigation in your Trust Wallet app. You'll then see a personalized event feed, tailored by your geographical location and chain preferences.
Purchase: Select an event that interests you, like "Will Bitcoin Hit $100K by Year-End?". Choose "YES" or "NO" (or other options if it's a non-binary market), enter the amount you wish to allocate (e.g., $50 in SOL or BNB), review the odds, and confirm your on-chain transaction. Your tokenized shares will be added to your wallet instantly.
Monitoring: Easily track your positions by switching to the "Portfolio" view within the tab. You'll see real-time price updates on your shares, total value, and profit/loss. You can even set up notifications for significant market movements or upcoming resolution dates.
Exit: You're free to sell your shares anytime. Pre-resolution sales are handled via Automated Market Maker (AMM) or Request for Quote (RFQ) for liquidity. Post-resolution, you can sell for payouts based on the event's outcome (e.g., a "YES" share redeems at $1 if correct, and $0 if wrong).
Built on Trust: Security and Compliance
At Trust Wallet, security is always our first priority. All Event Markets trades are entirely on-chain, utilizing robust networks like Solana or BNB Chain. Your tokenized shares are stored directly in your wallet, meaning you retain full self-custody of your assets. We serve as an aggregator, connecting you to these markets, while vendors manage the market seeding and resolution processes.
Our commitment to compliance is unwavering. The geofencing mechanism, powered by Cloudflare's IP detection, is audited for 100% accuracy. This ensures that you only see and interact with compliant options based on your location. For example, users in the US will see swaps.xyz options, but not Myriad events due to regional restrictions. This helps us ensure that we act in good conscience and uphold high standards in everything that we do.
Event Markets is rolling out by the end of November, so be sure your app is updated to explore this exciting new feature. We're dedicated to empowering everyone with full control over their assets and broadening their opportunities in Web3, providing the foundations for the future of the free web.
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