Frequently Asked Questions
Legal considerations vary depending on the jurisdiction. It is crucial to consult with legal experts to understand regulatory compliance, particularly concerning gambling laws, financial regulations, and user privacy protections. Some regions may require specific licenses or prohibit certain types of markets.
The development process involves several stages, including consultation, design, platform development, testing, and deployment. Depending on whether you choose a ready-made, white-label, or fully custom solution, the timeline and complexity can vary.
Malgo’s platforms are built with advanced security protocols, including end-to-end encryption, smart contract auditing, and blockchain-based transparency, ensuring your prediction market remains secure and resistant to hacking or fraud.
Decentralized prediction markets are not controlled by a single authority; instead, they rely on blockchain technology to enable peer-to-peer transactions. This results in more transparency, security, and inclusivity compared to traditional markets, where outcomes and transactions are controlled by centralized entities.
Malgo builds platforms with scalability in mind, ensuring they can handle a growing user base and increasing transaction volumes. Additionally, the platforms are designed with engaging user interfaces and incentivization mechanisms, such as rewards and gamification, to maintain active user participation.
