Home Gaming PartnershipsBlokotech Launches White-Label Prediction Markets Platform BlokoPredict

Blokotech Launches White-Label Prediction Markets Platform BlokoPredict

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

Blokotech has launched BlokoPredict, a white-label platform that enables operators to establish prediction markets without the need to create their own trading infrastructure. This solution integrates market creation, pricing, settlement, compliance, and reporting into a single service, offering a fully branded white-label product or an iframe integration for existing websites.

Targeted primarily at sportsbook operators, Blokotech also aims to engage media companies, fintech platforms, and other digital entities interested in the burgeoning prediction markets sector.

At its core, BlokoPredict employs an LMSR-based automated market maker (AMM) that provides continuous live pricing, allowing users to trade without having to wait for counterparties. Operators have the ability to customize prediction markets or automatically import events through existing data feed integrations, with further markets added through custom webhooks.

Before markets go live, they undergo a moderation process that evaluates titles, potential outcomes, and settlement rules. The platform supports both automatic and manual market settlements, and maintains a double-entry ledger to ensure financial accuracy and transparency, tracking all deposits, trades, fees, and payouts. Additionally, it features role-based access controls and exportable audit logs to facilitate regulatory compliance and operational monitoring.

BlokoPredict is built for smooth integration into pre-existing platforms. Operators can personalize various elements including branding, logos, currencies, and fee structures, while embedding the platform within their own domain via a branded iframe. A real-time dashboard provides insights into trading activity, open positions, market health, and settlement status, alongside a central operations console for managing market approvals, suspensions, and resolutions.

This offering is available to Blokotech's B2B partners, either as a standalone prediction markets product or combined with the company's broader technology suite.

The launch reflects a response to increasing demand from operators who wish to enter the prediction market arena without heavy investments in specialized trading technology. Salvatore Messina, Co-Founder and CEO of Blokotech, stated, "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 prediction markets draw interest from both the betting and financial technology industries, BlokoPredict aspires to serve as a comprehensive infrastructure solution for businesses entering this space with minimal development time and operational complexities.

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