Nobili vs Constans Picart Prediction Market Expiry Looms

Nobili vs Constans Picart was a prediction market offered by Coinbase Financial Markets. The market allowed users to trade contracts on the outcome of this event, with each contract paying $1 if the event happened and $0 if it did not.

The market had several key statistics, including an expiry date of September 6, 2026, and an interest amount of $140,717.44. The total value of contracts traded was over $207K.

Trading in this market was subject to certain rules and prohibitions. For example, current and former players, coaches, and staff of the league or organization governing the event were prohibited from trading. Additionally, paid employees of the league and participants, owners of teams and the league, and household members and immediate family of these individuals were also restricted from trading.

Users who traded in this market could earn a profit if their prediction was correct. For example, if a user bought 10 'Yes' contracts at $0.40 each and the event happened, they would receive a payout of $1 for each contract, minus what they originally paid (minus fees).