Forkast joins Arbitrum to bring live prediction markets to gaming

The Forkast platform announced its partnership with Arbitrum, a network that enables fast and secure transactions. With this agreement, Forkast aims to enhance its live prediction markets system, allowing users to make forecasts on what happens during matches, tournaments, or live broadcasts.

Real-time predictions

Thanks to Arbitrum’s technology, transactions within Forkast are processed in less than a second and settled in USDC. This allows users to take part in markets while watching a match or stream without delays.

Unlike traditional sites, Forkast integrates its predictions directly with live content. This means that content creators can open their own markets during a stream and allow their audiences to participate, turning viewers into active participants.

More liquidity and engagement

Arbitrum has a large number of users and available funds, helping Forkast markets stay more stable and active.
The platform also launched a USDC rewards program for those who provide liquidity or act as market makers. This encourages participation and improves the user experience within the network.

A partnership focused on gaming and streaming

Both Forkast and Arbitrum share the goal of bringing blockchain technology closer to entertainment. This collaboration aligns with the plans of Arbitrum Gaming Ventures, an initiative that supports projects focused on gaming and live experiences.

“Forkast is bringing prediction markets to the heart of live entertainment,” said Ethan Sy, member of Arbitrum Gaming Ventures.
“Its fast markets reflect our vision for simple, consumer-ready applications.”

Meanwhile, Chris Gonsalves, Forkast’s CEO, noted that speed and liquidity are key for the platform’s growth in gaming and streaming.

About Forkast

Forkast builds spaces where users can predict and earn while following real events. Its goal is to connect the world of gaming, sports, and live broadcasts with new forms of digital participation.