Stakeo

stakeo is a decentralized and overt peer to peer gambling world on the blockchain. here, individuals can speculate on the outcomes of future events; correct predictions of the outcome of an event win while the stakes on incorrect predictions are lost. the price of a prediction market can serve as a precise and well-calibrated indicator of how likely an event is to occur. through stakeo, users will have the ability to create a market based on any real-world event or join an existing market for an event. trading begins immediately after market creation using stk tokens. on the stakeo ecosystem, all users are free to create and trade on any market which has specific outcome. however, during market creation, every market creator will be required to provide a trusted source for the verification of the market outcome. verification sources provided by market creators will be rated by all intending market participants before joining a market.