Build A Prediction Market Like Polymarket - From Concept To MVP In 14 Days

Build a Prediction Market like Polymarket – From Concept to MVP in 14 Days

A prediction market is a platform where people can bet on the outcome of future events. By buying and selling shares in the outcomes, participants collectively forecast the likelihood of events such as sports results, political elections, or entertainment awards (Resource: Polymarket)

Why Now: Market Momentum and Volume Spike

Prediction markets are exploding, Polymarket’s monthly trading volume peaked at ~US$3.5B, marking a new high in market activity and liquidity (Dune Analytics, Dec 2025).

Total fundraising and strategic validation (based on Crypto-Fundraising data):

Polymarket: has raised a total of approximately $2B.
Kalshi: has raised $1.3B, $11B valuation.

The combination of surging real user activity and strong institutional + TradFi validation signals that prediction markets are entering a winner-takes-liquidity phase. Making now the right window to deliver an prediction market MVP quickly, prove traction, and scale before incumbents lock in distribution.

How to get your prediction market MVP developed in 2 weeks

Icetea Software has a ready MVP foundation that can be white-labeled or customized-enabling launch in as fast as 2 weeks, depending on scope and integrations.

Icetea Software Prediction Market MVP Key functions:

Trade YES/NO Event Markets: buy and sell outcome shares that represent the probability of real-world events
Automated Market Maker (AMM) pricing: A custom AMM dynamically adjusts prices based on supply, demand, and liquidity.
Visible Orderbook: real-time bids, asks, and depth, creating a transparent trading environment.
Transparent Settlement: An optimistic, decentralized oracle handles outcome verification and disputes for trust-minimized settlement

Tech stack for a prediction market like Polymarket

Tech stack includes:

Blockchain: Polygon
Settlement / Resolution: UMA’s Optimistic Oracle (OO)
Frontend: ReactJS
Backend: Node.js
Database: PostgreSQL
Storage: Hybrid setup using IPFS plus databases (e.g., PostgreSQL/MongoDB)
Wallet integration: MetaMask / WalletConnect / Privy / Fireblocks
Infrastructure: AWS / Infura, or decentralized hosting options

This stack is a proven, production-friendly baseline. Polygon keeps fees low for frequent trading, React & Node accelerate delivery, PostgreSQL supports reliable off-chain indexing and analytics. And the most important: UMA OO provides a dispute-ready resolution layer so outcomes are verifiable and defensible at scale.

How Our Prediction Market MVP Fits Fast Time-to-Market

Icetea Software is built for teams that need to launch quickly without rebuilding later.

Ready MVP foundation: launch a working prediction market in ~2 weeks.
Settlement-first architecture: oracle and dispute logic are part of the core, not an afterthought.
Adoption-ready UX: mobile-first design with optional Web2-style onboarding to reach users beyond crypto natives.

This approach lets teams validate demand fast, then scale with confidence.

Key Takeaways

Prediction markets are generating real money: Polymarket reached ~US$3.5B in peak monthly trading volume, demonstrating strong revenue and liquidity potential.
Capital concentration is clear: Polymarket prediction market platforms have raised 2.0 billions of dollars in total funding, signaling where long-term value and market leadership are forming.
Settlement defines revenue durability: trust-minimized resolution (UMA Optimistic Oracle + dispute flow) is critical to protecting liquidity, retention, and fee income.
A focused MVP reduces capital risk: with the right scope, teams deliver MVP version in just 2 weeks.

About Icetea Software

Icetea Software is a Vietnam-based technology firm specializing in secure, scalable, and future-ready solutions across Web3, AI, and digital transformation. With operations spanning Vietnam and Korea, Icetea Software focuses on end-to-end product development, go-to-market execution, and innovation consulting.

Icetea Software – Revolutionize Your Tech Journey!