What are prediction markets, how does Pusulam work and why don't we use real money? The story of Turkey's first collective intelligence platform
Why a Prediction Platform?
You're talking with a group of friends and the conversation inevitably winds its way to the economy. Someone says "the dollar will pass 50 this year," another says "impossible, the central bank won't allow it." Everyone shares their opinion but nobody puts their money where their mouth is. Things get said, then forgotten.
But what if we could actually record these predictions? What if everyone could show how confident they really are? And what if we could clearly see who turned out to be right?
That's exactly what Pusulam does.
What Is a Prediction Market?
Prediction markets are actually a pretty simple concept. You ask a question, people vote yes or no, and the more the crowd piles onto one side, the more the probability shifts in that direction.
This is not a poll. In a poll, people say "I think this will happen" and move on. In a prediction market, people back their predictions by staking a resource (in our case, Voting Rights). That small difference changes the outcomes dramatically. People think more carefully about the things they take seriously.
In the US, Polymarket has reached billions of dollars in volume. It outperformed polls when predicting elections. But Polymarket uses real money and is banned in most of Europe.
What Makes Pusulam Different
We don't use real money. The platform has a virtual unit called "Voting Rights." You get 50 when you sign up, 3 more are added every day, and if you make correct predictions, you earn them back.
Why does this matter? Because by not using real money:
- We're legal in every country. We don't fall under gambling laws.
- The barrier to entry is zero. No credit card or crypto wallet required.
- Anyone can participate. Economists, students, retirees, everyone.
We currently operate in 7 languages across 7 countries: Turkey, Germany, France, the United Kingdom, Spain, Brazil, and Egypt.
How Does It Work?
Say there's a market asking "Will Bitcoin be above $80,000 at the end of the month?" The community is currently saying 35% chance, yes. You look at the market, do your research, and think 35% is too low. So you vote Yes.
If you turn out to be right, you earn more Voting Rights because you got in at low odds. If you're wrong, you lose the Voting Rights you staked.
This system rewards early, bold predictions. It's easy to vote 90% when everyone else is saying 90%, but the reward is small. The real value is in being on the right side before the crowd figures it out.
Where Do the Odds Come From?
We have two sources. The first is the votes of our users. Every vote shifts the market odds. The second is a per-minute odds sync from major global prediction platforms, Polymarket and Manifold Markets. This keeps the odds on our platform aligned with the real world.
Closed to Bots
Some platforms allow AI bots to make predictions. We're against that. Every vote on Pusulam comes from a human, because our goal is to aggregate human intelligence, not run algorithms.
The intuition of a shopkeeper in Ankara about the dollar, the knowledge of a student in Berlin about European politics, the market experience of a finance professional in London. Put all of that together and you get a picture that no single expert or AI can produce on its own.
Join Us
Pusulam is free. Sign up, get 50 Voting Rights, and make your first prediction. Let's see if you're right.
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