Home Business StrategyBlokotech Launches BlokoPredict White-Label Platform for Prediction Markets

Blokotech Launches BlokoPredict White-Label Platform for Prediction Markets

by Sienna Marques
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Blokotech Launches BlokoPredict White-Label Platform for Prediction Markets

Blokotech has introduced BlokoPredict, a white-label prediction markets platform that allows operators to launch prediction markets without the need to create their own trading infrastructure. This innovative solution integrates market creation, pricing, settlement, compliance, and reporting into a single system, which can either be deployed as a fully branded product or embedded into an existing website using an iframe.

While the platform primarily targets sportsbook operators, it is also aimed at media companies, fintech platforms, and other digital businesses looking to tap into the fast-growing prediction markets sector.

At the heart of BlokoPredict is an LMSR-based automated market maker (AMM). This technology continuously produces live prices and enables users to trade without waiting for counterparties. Operators can create custom prediction markets or automatically import events via existing data feed integrations, and they have the option to add additional markets through custom webhooks.

Prior to launching, each market must undergo a thorough moderation process, analyzing market titles, possible outcomes, and settlement rules. Once operational, markets can be settled either automatically or manually. The platform maintains a double-entry ledger that records all deposits, trades, fees, and payouts, ensuring financial accuracy and transparency. It also features role-based access controls and exportable audit logs to aid in regulatory compliance and operational oversight.

Designed for flexible deployment, BlokoPredict integrates effortlessly with existing platforms. Operators can tailor the branding, logos, currencies, and fee structures, embedding the platform under their own domain through a branded iframe. A real-time dashboard offers insights into trading activity, open positions, market health, and settlement status, coupled with a central operations console for managing market approvals, suspensions, and resolutions.

Blokotech offers the platform to its B2B partners either as a standalone prediction markets product or alongside its broader technology suite. This launch addresses the increasing demand from operators eager to enter the prediction markets realm without investing in specialized trading technology.

Salvatore Messina, Co-Founder and CEO of Blokotech, commented on the release, stating, "Prediction markets continue to gain momentum, and operators increasingly want to offer the vertical without having to build the complex trading and settlement infrastructure themselves. BlokoPredict packages that infrastructure into a ready-to-deploy white-label solution, enabling operators to launch prediction markets quickly and introduce a new revenue stream without disrupting their existing technology stack."

As interest in prediction markets grows in both the betting and financial technology arenas, BlokoPredict positions itself as a comprehensive infrastructure solution for businesses aiming to enter this market with minimal development effort and operational complexity.

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