Prediction market consulting · Market analysis · Integrity review

Prediction Market Consulting. Higher Information Value and Lower Resolution Risk.

I design precise, client-specific forecast specifications and independently analyse existing prediction markets—giving decision makers, researchers, and reviewers a clearer basis for working with uncertain outcomes.

Consulting value

How prediction-market consulting creates value

I design forecast specifications for new questions and independently analyse or review prediction markets that already exist.

Market analysis

Understand what a market actually shows

An existing market can look straightforward while its wording, outcome structure, timing, resolution source, or participant context limits what its price can support. A written analysis makes those assumptions and interpretation limits explicit in relation to your questions.

Independent review

Identify integrity and resolution risks

A structured review can uncover ambiguity, weak proxies, source dependencies, manipulation surfaces, and edge cases that affect the reliability of a market or market set. This gives decision makers and reviewers a clearer basis for deciding how much weight to place on the signal.

Specification consulting

Frame clearer forecast questions

For new forecast questions or revised specifications, clear outcome boundaries, evidence sources, fallback treatment, and timing rules reduce interpretation and resolution risk. Careful specification helps produce more useful decision-relevant forecasts with fewer avoidable disputes.

Fit & scope

Where this work is useful

A focused intake frame for existing-market analysis, independent review, forecast specification design, and decision-support questions.

Is this for you?

  • You want an independent analysis of an existing prediction market or market set and clear answers to specific questions about it.
  • You need help interpreting what a market's wording, price, resolution rules, and limitations mean for your decision context.
  • You have an important decision to make, a need for market information, a specific uncertainty about the future, a question for the market, or already a prediction market idea.
  • You are not sure whether existing markets already cover the information needed and want to understand fit, gaps, and wording differences.
  • You need a precise forecast specification for decision support or a prediction market before final review.
  • You need help selecting which questions should be asked before any specification work begins.

What I help clarify

  • What exactly does this market ask, and what does its current signal support—or not support?
  • How do its wording, outcome structure, timing, resolution sources, and edge cases affect how it should be interpreted?
  • Does the market answer your actual question, or is it only a weak proxy for the information you need?
  • Where are the important ambiguity, integrity, manipulation, or resolution risks?
  • Would a new or revised forecast specification address the information gap?
  • Which forecast questions should be specified, and how?

Who I work with

This work can be relevant for:

  • Prediction market teams Independent market analysis, integrity reviews, specification drafts, and resolution criteria designed to reduce ambiguity and dispute risk.
  • Research, policy, foundation, NGO, and governance teams Clearer question framing and resolution sources meant to be easier to defend under stakeholder and public scrutiny.
  • Government and public-sector teams Careful public-interest framing and edge-case handling for decision-support questions that face outside review.
  • Blockchain, DAO, and protocol teams Precise, resolvable outcome definitions and fallback logic for futarchy and other governance markets.
  • Product or strategy teams evaluating market coverage An independent read on whether existing markets actually answer your decision, and where the gaps are.

It is not designed for:

  • casual betting
  • trading advice
  • legal approval
  • general regulatory strategy

Outcomes

What you get after the work

The deliverable is only part of the value. The work is also meant to help you review whether existing prediction-market coverage maps to your decision context, build a clearer review basis, and reason through market-design tradeoffs under uncertainty.

Clearer market understanding

Existing prediction markets can be analysed for meaning, fit, gaps, wording differences, source assumptions, integrity risks, and decision relevance so you can understand what they do—and do not—support.

Reduced specification risk

Clearer market wording, resolution criteria, source hierarchy, and edge-case handling help reduce ambiguity, resolution risk, edge-case disputes, weak review materials, and implementation uncertainty.

Independent outside specialist

The engagement gives you an independent external specialist for careful market-question reasoning, not staff augmentation, a generic document generator, or a detached template process.

Personal responsibility

You work with me directly. I personally review, adapt, and finalize the deliverable, and my name is tied to the judgment, care, and restraint behind the work.

Critical judgment

I try my best to apply critical judgment to which questions should be asked, reframed, or avoided, while treating ongoing learning and discipline around prediction-market regulation and venue practice as part of the work. Legal and regulatory decisions stay with qualified counsel and the responsible organization.

Human-led, AI-supported output

I use AI-assisted tools where useful for research, drafting, comparison, and consistency checks, but the final output is human-led, manually reviewed, and verified against the project context.

Approach

Why this work matters

Existing markets need careful interpretation, while new markets need judgment before wording: what is being asked, what the signal can support, who may be affected, and how the answer will be resolved.

Market interpretation

A prediction-market price cannot be separated from the exact question, outcome definitions, trading and information context, timing, and resolution rules behind it. I help clients interpret what existing markets can reasonably tell them and where their evidentiary limits begin.

Question selection

Useful governance and decision-support markets begin with judgment about which questions should be asked, which are worth asking a crowd, and which should be avoided because they create unacceptable moral, public-interest, or review concerns.

Responsible framing

The person or group that frames a market question helps direct attention, define what counts as evidence, and shape incentives. That requires explicit judgment about who should be involved, who may be affected, and which ethical, stakeholder, and review checks are needed.

Crowd judgment

The goal is to help crowd judgment inform choices by a company, foundation, research organization, DAO, government body, public institution, or other society-facing initiative. At their best, prediction markets can bring many informed perspectives together on how important problems should be prioritized and acted on.

Independent review

A structured outside review tests the market against the client needs. It can identify weak proxies, wording gaps, source assumptions, manipulation surfaces, and resolution risks that are easy to miss when attention is focused only on the headline or current price.

Analysis and specification depth

I turn uncertain outcomes, rough market drafts, or internally debated questions into precise forecast specifications, or prepare non-transactional coverage reviews that identify fit, gaps, wording differences, source assumptions, timing rules, and resolution limits. I also consider whether a public prediction-market question is likely to attract enough participant interest to produce a meaningful information signal, and how it can be reframed without losing the underlying idea or decision context.

Offers

Consulting engagement formats

A complete forecast specification project starts at $12,500, with focused existing-market analyses and integrity audits from $3,500 and recurring analysis, specification, and review packages from $6,500/month.

Most engagements follow a natural progression: many teams begin with a paid market analysis or integrity audit, while others need a complete forecast specification project. Recurring packages are available when market analyses, specifications, and governance reviews become repeated, defined deliverables rather than one-time work. Each tier remains individualized consulting performed under my personal responsibility and defined around written outputs, not general availability. The prices shown are indicative starting points; I confirm scope and fit before accepting an engagement, and final fixed-price proposals follow a short scope clarification.

Step 1 · Entry

Market Integrity Audit

Existing-market analysis & review

from $3,500

Credited toward a forecast specification engagement if you proceed within 60 days.

A focused analysis for teams that need to understand or independently review an existing prediction market, a set of related markets, a draft specification, or a market idea.

I answer the agreed client questions, explain what the market does and does not show, and assess its wording, outcome structure, resolution sources, timing, edge cases, manipulation surface, and decision relevance. The review can stand alone or identify whether a revised or new specification would be useful.

Typical output: A client-specific written market analysis and integrity review covering the agreed questions, interpretation limits, hidden loopholes, edge cases, source weaknesses, resolution ambiguities, and—where relevant—recommended wording patches or precise specification overrides.

Step 2 · Forecast design

New Forecast Specification Project

Complete forecast specification

from $12,500

Often a fraction of the decision it informs.

For organizations with a broad decision, an information need, a vague prediction-market idea, or a high-stakes forecast question that needs a production-ready specification.

The work clarifies what needs to be forecast and translates the decision context into one or more answerable forecast questions. It makes the outcome structure, evidence or resolution sources, fallback logic, and edge-case handling explicit before review or use. Each engagement is a standalone project with defined inputs, written outputs, and review points.

Typical output: A client-specific question-development memo where useful, a recommended forecast question and rationale, a forecast specification with outcome and resolution criteria, a source hierarchy, timing and fallback rules, edge-case notes, integrity considerations, participant constraints where relevant, and open review questions.

Step 3 · Recurring work

Monthly Analysis & Forecast Specification Packages

Scoped ongoing deliverables

from $6,500/month

Defined monthly specification scope, not general availability.

For teams that repeatedly evaluate market questions and need a defined monthly set of independent specification drafts, specification reviews, or written specification notes. Appropriate only where recurring specification needs can be defined in advance.

The package is scoped around specified written outputs rather than general advisory availability. Pricing scales with four value drivers: how often new market questions arise, how costly a bad specification would be, how many reviewers must be convinced, and how much depth each written deliverable requires.

Typical output: A defined monthly set of forecast specification drafts, written specification reviews, project-specific delivery dates, periodic written review of scoped forecast questions, recurring specification notes, and written preparation materials for governance and counsel discussions. New forecast specification projects beyond the agreed monthly scope, broad legal or regulatory work, unrelated product or trading questions, staff augmentation, and general availability remain outside the package.

Public project

A public example of specification design

My Event Contract Builder project on GitHub shows one structured approach to defining questions, outcomes, sources, and edge cases. My consulting work focuses on designing client-specific forecast specifications, with each deliverable written for its decision context and personally reviewed by me.

Decision question

I start from the decision or uncertainty the forecast should inform, then check whether the proposed question is direct, answerable, and useful.

Observable outcomes

Outcome definitions make clear what evidence would count for each answer, including the relevant measure, population, and time period.

Evidence sources

Primary sources, source hierarchy, revision policy, and fallbacks are made explicit so the answer does not depend on unstated assumptions.

Edge cases

Delayed evidence, changed circumstances, and unresolved outcomes receive clear treatment before they create confusion during review.

Integrity and interpretation

I consider proxy quality, information asymmetry, and how the forecast could be misread in its decision context.

Review questions

Open assumptions and questions for subject-matter experts, data owners, or counsel are written down for the appropriate review.

FAQ

Questions

Who can this consulting work be useful for?

Business, institutional, research, and governance teams with questions about an existing prediction market, a market set, forecasting, or governance. Typical projects involve analysing and interpreting existing markets, conducting an independent integrity review, improving an existing specification, or preparing a new forecast specification before internal, counsel, compliance, governance, venue, or stakeholder review.

Do you work with consumer or personal inquiries?

No. I focus on B2B, institutional, research, and governance contexts. I do not handle casual betting, personal trading questions, or consumer inquiries.

Do I need an internal product, compliance, or legal team?

Not necessarily. Some teams already have reviewers; others use the work to decide whether a market idea deserves product work, governance discussion, external counsel, or a more formal review process.

Why hire an independent specialist instead of relying only on an internal team?

Internal teams know the product and stakeholder context, but they can also be too close to the project to see logical gaps, source weaknesses, or edge cases clearly. I provide independent, non-transactional review with specialized depth around manipulation surface, evidence hierarchy, ambiguity, and forecast specification design. The result is a clearer review basis for internal product, governance, legal, compliance, or venue teams to react to instead of starting from a rough idea or informal draft.

What do I receive from a project?

A tailored existing-market analysis, integrity review, specification draft, or specification review. The output answers the agreed client questions and usually covers the market's meaning, decision relevance, outcome criteria, resolution sources, timing rules, edge cases, interpretation limits, fit or gaps, and open review questions. I usually deliver a polished PDF and, when useful, editable Markdown and DOCX versions.

How do you price analysis and specification work?

Each engagement is priced by written scope. For an existing-market analysis, scope depends on the number and complexity of markets, the questions you want answered, and the depth of review. For a new forecast specification, the reference point also includes the importance and complexity of the decision it is meant to inform. I do not price on trading outcomes and do not take success or contingency fees.

Does this replace legal, regulatory, or compliance review?

No. For an existing market, I analyse its structure, interpretation limits, and integrity or resolution risks; I do not provide a legal or regulatory assessment or recommend a trade. For a new forecast specification, I clarify the question, test the outcome logic, define the evidence and resolution criteria, and identify where the structure may fail. Your legal counsel, compliance team, venue reviewers, or regulators provide any final legal, regulatory, listing, filing, or approval judgment.

Is the work AI-generated?

No. AI may support research, drafting, comparison, and consistency checks, but it does not replace my professional judgment. I decide which questions should be specified, reframed, or avoided; verify the output against the project context; and manually review the final deliverable. You get independent external reasoning through uncertainty, not a detached template or generic document generator.

How is the engagement kept independent?

Each engagement is scoped around written deliverables, client inputs, and review points. I work with my own tools and method, do not join client line management or daily internal workflows, and do not sell general availability, staff augmentation, interim roles, or employee-like capacity.

Pricing & process

The value of clearer market understanding

For an existing market, the value is a clearer understanding of what its question, signal, and rules can support. For a new market, the value is cleaner decision data, reduced resolution ambiguity, fewer preventable disputes, and a stronger basis for review.

The reference point is the importance of the question or decision the market is being used to understand. An analysis can prevent a team from placing unwarranted weight on a weak or misunderstood signal; a careful specification can improve the basis on which a new signal is produced.

How specification value works

Illustrative, hypothetical

A company must decide whether to commit $3M to a new product line, with real uncertainty about whether it will reach the adoption that makes the investment worthwhile. They need a forecast about the conditional question: “If we launch Product Line X in 2027, will it reach $4M in revenue by the end of 2028?” A clear forecast specification helps reviewers assess the resulting probability alongside the realistic alternative use of that capital.

For the forecast to be useful, the specification has to make the question unambiguous: exactly what counts as “revenue,” which system provides the evidence, what period is measured, how to handle a delayed or partial launch, and what to do if evidence is unavailable. That precision turns a $3M guess into a question a forecasting process can answer. The fee is small relative to the decision the forecast informs.

I do not promise that a market will be accurate or that a decision will turn out well; those depend on the forecasters, the evidence, and choices that remain yours. What I provide is the precondition: a question and evidence structure precise enough for the resulting forecast to be interpreted.

What independent review and careful specification prevent

The fee is small next to the costs of misunderstanding an existing market or relying on an ambiguous new one. Analysis, independent review, and careful specification are meant to head off:

  • Misinterpreting what an existing market price or outcome can support
  • Relying on a market that is only a weak proxy for the real question
  • Avoidable internal review loops and repeated rework
  • Expensive specification corrections discovered just before launch
  • Misread resolution criteria that trigger settlement disputes
  • Poorly chosen proxy questions that never answer the real decision
  • Unclear stakeholder and source assumptions that stall sign-off
  • Public, reputation-damaging disputes over how a market resolved
  1. 1

    Email inquiry

  2. 2

    Scope clarification

  3. 3

    Individual fixed-price proposal

  4. 4

    Analysis or forecast specification work

  5. 5

    Review round

Each project is scoped individually. The proposal depends on outcome complexity, resolution ambiguity, review context, stakeholder context, the number and complexity of existing markets, the agreed analysis questions, and the desired depth of the deliverable.

After an initial scope clarification, I provide an individual proposal for the work. The project is defined around the relevant market question or set of related questions, the intended review audience, and whether the work requires an existing-market analysis, a new specification draft, or both.

The proposal defines the deliverables, input assumptions, review points, and delivery dates. It does not create an employment relationship, staff-augmentation role, exclusivity, customer-side reporting line, or obligation to follow client instructions about working time, workplace, or internal working method.

Fixed-scope engagement terms

Projects are fixed-scope. If a deliverable materially misses the agreed written scope, I correct it or refund the affected fee as agreed in the proposal.

The engagement covers the agreed analysis, review, or specification output. Later legal, regulatory, listing, trading, revenue, governance, investment, or market outcomes remain outside the scope of the consulting project.

Recurring packages remain project-based: they cover defined written reviews or specification notes for scoped market questions, not open advisory access, on-call support, employee-like capacity, or integration into client operations.

Christopher Maximilian Altmann

About

Behind the analysis and specification

I am Christopher Maximilian Altmann, a German independent consultant focused on prediction-market analysis and the design of forecast specifications. I bring a systems-design discipline to the work: define the system boundary, identify failure modes, test assumptions, and make ambiguous cases explicit before they become interpretation or resolution problems. I independently analyse existing markets and handle specification reasoning around outcome definitions, resolution criteria, source reliability, market fit, and edge cases under written project scope. Each deliverable is personally reviewed, adapted, and finalized by me. Because the work is prepared under my name, my professional reputation is tied to the judgment, care, and restraint behind it.

My motivation is to help prediction markets become more varied, more carefully specified, and more useful as information tools. Well-defined markets can make uncertainty easier to inspect, help separate signal from noise, and support more disciplined public and organizational reasoning. Poorly defined markets can do the opposite: create ambiguity, resolution disputes, and misplaced confidence.

I bring a personal moral compass to this work. I care about using prediction markets and designing forecast specifications in ways that can support better decisions, more responsible institutions, and, in a small but real way, a better world for everyone. That does not mean I always get every judgment right. It means I try to make my assumptions explicit, keep learning, and treat the social consequences of market questions as part of the work rather than as an afterthought.

I am especially interested in prediction markets and adjacent forecasting processes as mechanisms for disciplined decision support, including Futarchy in decentralized autonomous organizations and other governance contexts. I also see carefully designed forecast questions as a way to direct attention toward important scientific, technical, and social questions. For these uses to be credible, the forecast question, evidence criteria, source hierarchy, and participant constraints need to be precise enough for product, research, operations, governance, compliance, and counsel review.

I also try to maintain a self-development and growth mindset around the field. Prediction-market regulation, venue practice, forecast specification design, AI-assisted drafting, and governance use cases continue to change. I do not present that learning as legal or regulatory advice, but I do treat it as part of the work ethic required to prepare useful, current, human-verified specification materials.

Working basis

  • 3+ years of hands-on information-market protocol work in the Polkadot ecosystem
  • Rust-based blockchain component background
  • Fixed-scope proposals with personally reviewed project-specific deliverables
  • Independent working method with my own tools, process, and professional judgment
  • Human-led work supported by AI-assisted drafting, research, and consistency checks
  • Ongoing learning about forecasting, prediction markets, and regulated venues

Disclaimers

Boundaries of the work

I provide technical, conceptual, analysis, review, and specification-oriented consulting only. I do not operate prediction markets, hold client funds, intermediate financial products, accept wagers, provide legal advice, or provide regulatory assessments. My work is limited to technical, conceptual, and specification-oriented services.

My work does not include legal opinions, regulatory representation, CFTC compliance determinations, self-certifications, approval requests, final CFTC filing documents, or recommendations to trade any contract or financial product. I do not recommend trades, allocations, position sizes, or whether anyone should buy, sell, hold, use, or avoid any particular market. A consulting project begins only after scope and terms have been agreed.

My work also does not include staff augmentation, interim management, employee-like availability, operational customer-side roles, or integration into a client's internal line organization. I work independently on agreed deliverables using my own tools, method, and professional judgment.

Contact

Request an assessment

If your organization wants an existing prediction market analysed or reviewed, has specific questions about how to interpret a market, or needs a new forecast specification, email me with the question or draft, your decision context, and the audience that would review the work.

contact@christopher-altmann.com

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