News Summary

• Verifact Markets is a "prediction market for disputed facts" It lists markets for past events that it considers “disputed” and lets its customers wager on whether they really happened.
• Users can submit “evidence” for or against their position, and the company plans to offer rewards for credible documentation.
• If Verifact Markets determines that there’s enough evidence to make a call, it will.
• If it still can’t tell, the company will “expire” a market and pay out users based on its calculation of the odds at the time.