Your favorite artist releases a new song, and you’re excited because you know there’s a high chance the song may become number 1 on the charts. Even if it’s not number 1, it’ll likely enter the top 10.
So you go on X (Twitter) and post something like this;
It either happens or it doesn’t.
What if there was a better way to support your fave, express your opinion online, and still get cash payouts?
Say Hi to Qalla by GoWagr.
Qalla is a prediction market on the GoWagr app that allows you to trade (buy and sell) and predict the outcome of real-world events, and you can get cash payouts if you’re right. You can predict which artist will top the charts, who will win the next big award, or even how well a song will perform on streaming platforms. It’s totally up to you and your music knowledge.
Even more, you can invest in your opinion and receive payouts for being right. This creates a whole new level of engagement, as every stream, chart update, and social media trend becomes a potential signal for making informed predictions.
Event outcomes are represented by “yes” or “no.” If you have an idea of what will happen, you can invest in it by buying yes or no shares. If you think it will happen, just buy yes. If you think it won’t, buy no, that’s your opinion.
For example, will Wizkid’s “Kese” hit 100M streams in 3 months? Yes or No? You can only pick one outcome. If it happens, you get cash payouts. It’s as simple as it sounds.
As an innovative platform, GoWagr has provided an opportunity for fans, enthusiasts, and everyone at large to predict the results of various real-life events.
The Grammys was a particularly exciting time as fans turned up en masse to predict the winners in various categories. This year was thrilling as A-list Afrobeats artists were nominated in categories once dominated by Western acts.
For example, the category for Best African Music Performance had a lineup of artists with strong fan bases. They were;
- Tems – “Love Me JeJe”
- Asake & Wizkid – “MMS”
- Chris Brown ft. Davido & Lojay – “Sensational”
- Yemi Alade – “Tomorrow”
- Burna Boy – “Higher”
Fans already predicted Tems to win with a 33% chance higher than the others in the same category. In a bold move, a user placed $1,000 on Tems to win the Grammy award, sending social media into an uproar.
The other fan bases weren’t having it and went ahead to invest in their artists. A few days before the award day, Davido was leading the market with a 69% chance. But before the night ended, Tems rose to a 73% chance and eventually won the award. Those who invested in her received their payouts, with some users receiving large payouts for that market.
Now, it’s about to get even hotter, with the Headies award just around the corner. As Nigeria’s most prestigious music award show, the Headies is attracting considerable attention, and fans are ready to go hard for their faves.
Currently, markets like the “Headies Next Rated’ award winner have Odumodublvck leading with a 68% chance of winning over Shallipopi. Llona has a 67% chance of winning the Headies Rookie of the Year over Zerry DL and others.
As the event comes closer, more markets are added to spice things up. The platform updates in real time, allowing users to see current changes and gauge public sentiment. As new information emerges, users can sell their shares and exit or buy more. Your money, your rules.
Beyond music awards, there are other markets on Qalla. From sports to politics, finance, economy, etc. Find what interests you, and just pick a side.
You already know what will happen. Qalla by GoWagr allows you to trade it and get payouts if you’re right. Put your knowledge to the test and see just how much you know.
Ready to get started? Download the GoWagr app and start trading.
