Development of a Prediction Market platform

Launch a prediction market with clear rules and fair resolution. We will design the architecture and build the product from scratch: smart contracts, oracles, backend, interface, monitoring.
Ethereum
BSC
Polygon
Arbitrum
Optimism
Tron
Solana
Bitcoin
Sui
Aptos
TON
Cardano
Quorum
Avalanche
Polkadot
Base
Near
Scroll
ZKSync

Basic MVP functionality

Authorization

Login to the product via wallet. Email and social networks can be added as an optional method or for notifications, but the core is wallet-based login.

Deposit handling

Accept deposits and track user balances in the base asset. Example: in Polymarket, USDC on Polygon is used as collateral. You can choose what fits your needs.

Event creation

Create event markets with parameters (outcomes, deadlines, rules), usually through an admin panel at early stages.

Outcome Tokenization, where users receive share tokens

After buying a position, the user receives outcome tokens. Example: in Polymarket, these are ERC-1155 tokens based on the Gnosis Conditional Token Framework (CTF).

Trading mechanism (i.e. order book)

A mechanism for trading tokenized outcomes: limit orders, cancellations, order matching, trade statuses. Example: Polymarket uses a CLOB approach with an API and separate authentication for trading requests.

Mechanism responsible for providing a fair outcome for events

At the initial stage, we use a centralized oracle alternative. This simplifies the launch and reduces the time and cost of MVP development. For the future, we plan for the possibility of transitioning to a decentralized oracle.

Authorization

Login to the product via wallet. Email and social networks can be added as an optional method or for notifications, but the core is wallet-based login.

Deposit handling

Accept deposits and track user balances in the base asset. Example: in Polymarket, USDC on Polygon is used as collateral. You can choose what fits your needs.

Event creation

Create event markets with parameters (outcomes, deadlines, rules), usually through an admin panel at early stages.

Outcome Tokenization, where users receive share tokens

After buying a position, the user receives outcome tokens. Example: in Polymarket, these are ERC-1155 tokens based on the Gnosis Conditional Token Framework (CTF).

Trading mechanism (i.e. order book)

A mechanism for trading tokenized outcomes: limit orders, cancellations, order matching, trade statuses. Example: Polymarket uses a CLOB approach with an API and separate authentication for trading requests.

Mechanism responsible for providing a fair outcome for events

At the initial stage, we use a centralized oracle alternative. This simplifies the launch and reduces the time and cost of MVP development. For the future, we plan for the possibility of transitioning to a decentralized oracle.

Our cases

PreDuck Games card cover

PreDuck Games

Web app for short-term crypto predictions: 5-minute "up/down" bets in SOL and BNB. A simple, scalable model based on Pancake Prediction mechanics.

OutsourcingSmart contractsTypeScript+React
Gridle card cover

Gridle

A prediction mini-game where the chart turns into a grid: the user picks a price-move area and wins if the forecast hits.

OutsourcingSmart contractsTypeScript+React
See all cases

Reviews

MetaLamp strengthened our Cardano and Plutus team and proved itself to be an excellent partner.
Pawel KowalskiPawel KowalskiProject Manager
We worked with the team on two blockchain projects: working with them is a real pleasure!
Alexander MazaletskyAlexander MazaletskyCTO
We’ve been collaborating for over a year: a professional team that delivers complex tasks on time and with high quality. Highly recommend.
Danila ChestnykhDanila ChestnykhCEO
The team has strong expertise in developer education: they helped us and transformed our vision of the course.
Simon CheburashkinSimon CheburashkinProduct Manager
An elite front-end team in Web3: top-level expertise, strong management, and a real pleasure to work with.
Brett LindstromBrett Lindstromfounder
During our collaboration, I was impressed by the team’s coordination and their readiness to step in during critical moments of the project.
Bogdan GavriletsBogdan GavriletsCEO
MetaLamp exceeded our expectations! Thanks to strong analytics, they made our processes more efficient and the results more predictable.
Damon ZwarichDamon ZwarichCMO
Working with MetaLamp is an absolute success! The quality of their work is outstanding, and their management approach is top-level.
WOWswapWOWswapWOWswap Team
Our experience working with MetaLamp was amazing! From a solutions architect’s perspective, they truly turn dreams into reality!
Roar HolteRoar HolteSolutions Architect / CEO
Clutch Top Smart Contract Development Company 2024Clutch Top Web3 Development 2024Clutch Top Ethereum Development Company 2024Clutch Top Blockchain Company 2024Clutch Top Smart Contract Development Company 2023Good FirmsClutch Top Blockchain Company 2023DesignRushWeb SeatleWadlineAppfuturaThe Manifes

Technology stack

AI

  • Mastra
  • Eliza
  • Claude Code
  • Cursor
  • Open Code
  • RAG

Blockchain & L2

  • Ethereum
  • BSC
  • Polygon
  • Arbitrum
  • Optimism
  • Tron
  • Solana
  • Bitcoin
  • Sui
  • Aptos
  • TON
  • Cardano
  • Quorum
  • Avalanche
  • Polkadot
  • Base
  • Near
  • Scroll
  • ZKSync

Web3 & Tooling

  • Solidity
  • Foundry
  • Web3.js
  • Ethers.js
  • Wagmi
  • WalletConnect
  • TradingView
  • Privy
  • MagicLink
  • Account Abstraction
  • Circom
  • T-rex
  • Layer Zero
  • The Graph
  • FunC
  • Tolk
  • Anchor
  • Substreams
  • Plutus

Languages & Frameworks

  • TypeScript
  • React
  • Vue.js
  • NuxtJS
  • React Native
  • NextJS
  • NodeJS
  • NestJS
  • Express
  • Fastify
  • Django
  • FastAPI
  • Golang
  • Gin
  • Fiber
  • Rust
  • Actix
  • Haskell
  • Servant

How we work

Each stage has a clear outcome and a person responsible for it. Meet the team behind your project.
Yana, sales managerYanaFriendly sales manager

I’ll get into your task and business context.

We will define the goals — and you will get a clear estimate of timelines and budget so you can decide whether to move forward.

Niko, Product Lead (CPO)NikoEnergetic Product Lead (CPO)

I will break the project down into clear tasks together with the analytics team.

You will see each stage, its cost, and timelines — no surprises.

Mikhail, Technology Office (CTO)MikhailHighly technical Chief Technology Officer (CTO)

I will ensure the solution is reliable and scalable. If I see risks — I’ll say it directly and suggest alternatives.

My result is a proven architecture.

Denis, Head of PMODenisAll-seeing Head of PMO

I make sure the project stays on track.

You’ll be the first to know about any changes, along with a plan how we handle them.

Artem, account managerArtemAttentive account manager

A single point of contact who understands the context and stays in touch throughout the entire project. Have a question or priorities changed? Reach out directly.

I’m your voice inside the team.

MetaLamp Magazine

Expertise is our strong suit. Our articles frequently make it to the top rankings. You can also find our insights in MetaLamp Magazine, on our Telegram channel and X (formerly Twitter)

FAQ

What is a prediction market?
A prediction market is a platform where users buy and sell positions on the event outcome. The price usually reflects participants’ expectations, and after the event is completed, settlement and payouts take place.
How Polymarket works and why it is often used as a reference?

Polymarket is a prediction market. You choose an event and buy a position on the outcome (usually «Yes/No»). The position is represented as outcome tokens that are fully collateralized.

Trading works «like on an exchange». Users place limit orders, they are quickly matched off-chain, and settlement happens in smart contracts, while funds remain with the user (non-custodial).

After the event ends, a fair resolution is required. In Polymarket, the outcome is recorded via the UMA Oracle: anyone can propose a result, it can be disputed, and after finalization, winning tokens can be redeemed for $1, while losing ones become $0.

Polymarket is the largest platform that is widely seen as the benchmark in the space, which is why many projects use it as a reference.

How a "fair result" is recorded in prediction market platforms?
Oracle is usually used to record the outcome of an event and provide a dispute mechanism: the proposed result can be challenged within a defined window, and the dispute goes to arbitration. A common implementation for prediction markets is the UMA Optimistic Oracle v3 approach.
Why prediction markets are in the spotlight?

At the end of the campaign and during the 2024 US elections, prediction markets became a main source of "live" expectations, because they show not just opinions, but actual bets and real price dynamics.

They are valued for measurability: markets have a public track record, forecasts can be compared with actual outcomes, and research on the 2024 elections shows that Polymarket data was in some cases more accurate than polls, especially in swing states.

Plus, it’s not only about "predictions": event contracts can also be used as a tool for hedging event-driven risks.

What is included in an MVP of a prediction market platform?
A minimal MVP that can be launched and tested with users usually includes: authorization, deposits and balance, event creation, outcome tokenization, a trading mechanism, and oracle integration.