This documentation constitutes Confidential Information and Controlled Materials of Beforehand LLC and is disclosed solely for the limited purpose permitted under the Confidentiality and Nondisclosure Agreement between Beforehand LLC and the receiving party.
What is Beforehand?
Beforehand is a community-based prediction and betting app where users create and trade on simple YES or NO markets.
A market is a question that resolves to one of three outcomes: YES, NO, or CANCELED.
People place trades on YES or NO using USDC. The market is pari mutuel. That means there is a pool on each side. Winners split the total pool based on how much they contributed to the winning side.
Communities
Beforehand is built around communities. Markets live inside communities so people can trade around shared context. A campus community can have campus markets. A city community can have local markets. A private group can have its own markets.
How It Works
- Create a Market: Ask a question and place an initial trade
- Match Required: Someone must match your position on the opposite side
- Trading Opens: Once matched, anyone can trade on either side
- Trading Closes: At the close time, all positions lock
- Resolution: The outcome is determined and payouts are distributed
Key Features
- Non-custodial wallets: You own your wallet and funds
- Pari mutuel pricing: Dynamic odds based on pool sizes
- Community organization: Markets organized by communities
- Credibility system: Weighted voting based on user credibility
- Multiple resolution types: Platform, Community, or Creator resolution
Ready to get started? Check out the Getting Started guide.