Will SapienNetwork token (SPN) cost twice the ICO price at the end of 2018?

Fixed-price outcome bundle

Fixed price
∞ x 0.001 ETH
Fixed price
0.001 ETH

Fixed-price outcome bundle consisting of one share of each outcome in this market can be purchased from or sold to PredictionMarkt at any time.

The price of each bundle is 0.001 ETH.

Because only one market outcome is possible, the total payoff from holding one outcome bundle until the market closes is 0.001 ETH.

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Market tickerSPN2018
CurrencyEthereum (ETH)
Market typebinary
Start date2018-03-17
Close date2019-01-01
CurrencyDaily volumeMarket CapShare Price
Ethereum0 ETH0.164 ETH0 — 0.001 ETH
PredictionToken0 PMT0 PMT0 — 100 PMT

Outcome determination

Sapien is a highly customizable, democratized social news platform capable of rewarding millions of content creators and curators without any centralized intermediaries.

The crowdsale will take place on March 28 - April 3 and the token exchange base rate is set to be 1 ETH = 6000 SPN, with effective token price of $0.10.

The effective price is based on ETH/USD exchange rate and will be updated on the start date of the tokensale.

Will the value of SPN token double at the end of 2018?

The market outcome will be determined as "Yes" if effective price of SPN token equals or higher than $0.20 at 11:59 p.m. (UTC) on December 31, 2018, as reported by a credible source such as Coinmarketcap.

Market liquidation

Once the outcome is determined, the market closes for up to 48 hours during which it is possible to dispute the outcome. After that all the shares are liquidated and automatically converted to money.

The liquidation value of the shares which represent the actual outcome of this market will be 100%. All the other shares will have no value.

Dispute rules

Please contact [email protected] for any disputes.

The decisions and determinations about the market outcomes shall be at PredictionMarkt’s sole discretion and shall be final.