Home NewsTechnologyBlokotech 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 announced the launch of BlokoPredict, a white-label prediction markets platform designed to enable operators to establish prediction markets without needing to create their own proprietary trading infrastructure. This platform integrates market creation, pricing, settlement, compliance, and reporting, making it easy to deploy as either a fully branded white-label solution or as an embedded iframe on existing websites.

Targeting primarily sportsbook operators, Blokotech is also reaching out to media companies, fintech platforms, and various digital businesses that want to enter the booming prediction markets sector.

Central to BlokoPredict is an LMSR-based automated market maker (AMM), which continuously generates live pricing, allowing users to trade without delays associated with finding counterparties. Operators can customize prediction markets or automatically import events through existing data feed integrations, and additional markets can be added using custom webhooks.

Before going live, markets undergo a moderation process to evaluate titles, possible outcomes, and settlement rules. Markets can be settled either automatically or manually. The platform maintains a double-entry ledger to track deposits, trades, fees, and payouts, which ensures financial accuracy and transparency. It also features role-based access controls and exportable audit logs to meet regulatory compliance and operational oversight requirements.

BlokoPredict's design allows for seamless integration into existing platforms. Operators have the flexibility to customize branding, logos, currencies, and fee structures while embedding the platform under their own domain via a branded iframe. A real-time dashboard offers insights into trading activity, open positions, market status, and settlement details, supported by a centralized operations console for managing market approvals, suspensions, and resolutions.

This platform is accessible to Blokotech's B2B partners as either a standalone prediction markets product or in conjunction with the company’s broader technology offerings.

Blokotech claims that the launch is a response to increasing demand from operators wishing to enter the prediction markets arena without investing in specialized trading technology. Salvatore Messina, Co-Founder and CEO of Blokotech, remarked on this need, stating that as prediction markets gain traction, operators are looking for ways to offer this vertical without the burden of developing a complex infrastructure. BlokoPredict presents a ready-to-deploy white-label solution, allowing operators to swiftly introduce prediction markets and create a new revenue stream without disrupting their current technology framework.

As interest in prediction markets grows in both the betting and fintech industries, BlokoPredict offers a comprehensive infrastructure solution for businesses that aim to enter the market efficiently, minimizing development time and operational complexity.

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