Popularity Markets
A popularity market is a board of names competing for a share of who matters in crypto. This page covers how to read the board, what a price means and how it is shown, where prices come from, why they always sum to $1.00, and how new names are added.
What is a popularity market?
A popularity market is the board: a set of names competing for a share of who matters in crypto. Each position represents a named entity or idea, and its price is its share of the board.
The flagship board prices crypto influencers: the founders, investors, traders, and voices the crypto conversation revolves around. The same structure fits any domain where standing is contested, politics, music, sport, as PopularityX expands.
Reading the board
The board is a mosaic of tiles, one per name, each sized by its share. The biggest names take the most space, so the state of the whole board reads at a glance.
The price
The price of a position is its share of the board, shown in cents. A position priced at $0.34 shows as 34.0¢: it commands 34% of the board. That number moves with each trade, rising and falling with crowd demand.
Prices come from trading
Prices come entirely from trading activity, the same way they do in a prediction market. A board never resolves: positions can be bought and sold indefinitely, with no expiry and no settlement date.
Prices always sum to $1.00
All positions on a board always sum to $1.00. For any name to rise, another has to fall.
The board grows
New names are added as the board grows, with no fixed schedule. A new name opens at a price drawn from the board reserve, the Other share, so the board keeps summing to $1.00 and the names already listed are left untouched.
Why a market price is the right measure of who matters: Rationale.