Chapter 07 · OmenApps

Add apps to any market

Apps are extra tools you add beside a market. They work with the wallet you get when you make an account, but they can never hold your money.

A market with extra tools

A market asks one question and pays out on the answer. Apps add more things to do around it. You can combine it with other markets, bet on where its price goes, or talk it over with other people.

Your market page is your own. All three apps start enabled, and you can disable any you do not want. Nobody else's choice changes your page.

Enabling or disabling an app applies to every market where it works. It never changes a market or anything you already bought. Until a market has tokens, its apps stay disabled.

Try itA market page. All three apps start enabled. Disable and enable them.
OmenMarketMakerMarket1,000.00

Token market

Will the council approve the ferry contract by 30 September?

YES62¢
NO38¢
Your apps on this marketonly you see this
Parlaysby OmenMarketMaker
Ferry contract approvedYES
Harbour fees cut by MayYES
Ticket$50.00
Pays if both come true$200.00

The $200 is locked before you pay.

Leverage & Optionsby OmenMarketMaker
Target70¢YES above it Friday
Cost10¢most you can lose
Pays$1already locked
Discussion2 threads

The agenda lists the ferry item as a vote, not a briefing.

mara_k · 12 replies

Approval with conditions may not count. Read the rules.

j.oduya · 4 replies

All three apps start enabled. Disable any you do not want.

Apps enabled3 of 3
Money held by apps$0
Market rules changedNever

OmenApps

The apps live in OmenApps, a tab in the menu beside Markets. Open an app from there, or enable it so it sits beside every market. Parlays and Leverage & Options open from OmenApps rather than from the menu.

OmenApps opens with three apps, all built by OmenMarketMaker.

Try itThe OmenApps tab. Enable and disable apps, open one, or see what you have done in each. The switches are the same ones as on the market page above.
OmenMarketMaker
Markets OmenApps Private Capital Portfolio More
1,000.00

OmenApps

Tools to use beside any market. Enable an app and it appears on your market pages.

Apps enabled
3
Choose an app3 apps

  • Parlays by OmenMarketMaker

    Combine picks from several markets into one ticket. It pays only if every pick comes true.

    App fee tbd Works on markets with tokens

  • Leverage & Options by OmenMarketMaker

    Pay a small amount now. Win if a market's price passes a level you choose by a set time.

    App fee tbd Works on markets with tokens

  • Discussion by OmenMarketMaker

    Post and reply on the market's own board.

    App fee tbd Works on markets with tokens

  • More apps coming

    Apps made by anyone arrive later.

All three apps are enabled. They appear on your market pages.

TokenA YES or NO position, held in your wallet, that you can sell to someone else. A market gets tokens once enough people trade it. Until then, the apps stay disabled.

Sign in once, then just tap

When you make an account, you also get a smart contract wallet. It is a wallet that is itself a program on the blockchain, the public record that runs every market, parlay and bet. Your money and tokens live in that wallet.

You sign once, when you log in. After that, every bet, ticket and post is one tap. You see the price before you tap, and there is nothing more to sign.

In the appWhat the apps can do after you log in.

What the apps can do

Signed once at login
  • Buy, sell and bet in the three appsone tap
  • Lock money until a stated rule releases itone tap
  • Post under your nameone tap
  • Show your display nameautomatic
Not possible for any app
  • Release locked money early
  • Change a market's question or rules

Locked money sits in a smart contract with one way out: the rule written when it was locked. Your positions are public on the blockchain, like every wallet's, so an app needs no permission to see them.

Apps made by anyone come later

At launch, OmenMarketMaker builds every app. Later, anyone will be able to build one and add it to OmenApps, and makers will keep 55% of the fees their app earns.

Market pages will then suggest the apps used most on each market, show which are trending, and add a + Add OmenApp button to search for the rest.