What is CalledIt?

CalledIt is a next-generation prediction and viral market platform where you can wager on virtual sports matches played by AI-powered athletes and fast-paced, AI-generated binary outcomes, all powered by HyperEVM.

• Prediction Markets let you bet on the outcomes of virtual sports matches by buying and trading shares, with prices reflecting real-time probabilities.

• Viral Markets offer quick, parimutuel betting on fun binary questions (e.g., “Dog vs. Cat”), with randomized outcomes revealed through AI-generated video clips.

Unlike traditional sportsbooks, CalledIt is fully on-chain and non-custodial. That means:

• You place your bets using your crypto wallet, without needing to deposit funds into a centralized platform.

• Every market is powered by smart contracts, making the odds, payouts, and rules transparent and verifiable.

• You stay in control of your funds before, during, and after the bet.

Non-Custodial By Design

Your wallet connects directly to the platform. You approve transactions directly on-chain. We never hold your funds, and there are no hidden systems in the background deciding odds or outcomes.

The below table illustrates the flow of user funds, highlighting that CalledIt will never take custody of user funds at any given time:

Fund Item	Details	Your Funds
Funds custody	You deposit into the platform’s wallet, they control your funds.	You keep full control. Funds stay in your wallet until you approve each transaction.
Settlement timing	Manual or off-chain settlement delays (minutes–hours).	On-chain resolution; you trigger a one-click “Claim” tx whenever you’re ready.
Counterparty risk	Exposed to platform solvency and operational risks.	Zero counterparty risk. Only the audited smart contract holds your funds.
Fee transparency	Fees are hidden or bundled off-chain.	Every fee pull is an on-chain deduction you can inspect in real time.
Payouts	Payouts processed by the platform; may impose holds or reviews.	Permissionless payouts. You claim winnings directly via your wallet.

Betting Basics

CalledIt offers two types of markets for betting:

• Prediction Markets: Each virtual sports event spins up a prediction market with multiple possible outcomes. When you bet on an outcome, you’re buying “shares” in that result. The more likely an outcome is perceived to be, the more people buy its shares, and the more expensive they become. If your outcome is correct, each winning share resolves to 1 USDC. You can also trade shares with other users before the market settles, enabling dynamic price discovery.

• Viral Markets: These fast-paced markets let you place fixed bets on binary questions (e.g., “Chicken vs. Egg”) in a parimutuel pool. All bets are pooled, a small house fee (rake) is deducted, and winnings are shared among those who picked the winning outcome, revealed via a random AI-generated video. Unlike prediction markets, bets are fixed and cannot be traded.

For more details, see the Prediction Markets and Viral Markets sections.