A prediction market is a platform where participants trade contracts based on the outcome of future events. Prices reflect the perceived likelihood of an event.
 

Polymarket is known for its simplicity, efficient use of blockchain, and robust smart contracts that ensure secure and fast transactions.

The time depends on the scope and complexity. However, with expert guidance from Malgo, the process can be streamlined significantly.

Regulations vary by region. It's essential to consult legal experts to ensure compliance with laws around gambling and financial markets.