Somnia’s Prophecy Social Launches Closed Beta for Community-Run Prediction Venues

somnias prophecy social launches closed beta for community run predict In Brief:

In Brief:

  • A closed beta for Venues is now live at Prophecy Social, giving communities and projects a way to operate branded prediction market venues of their own on Somnia.
  • An agent handles the setup of each venue, and liquidity is pooled across the entire Prophecy protocol regardless of the venue a market originated from.
  • First-month figures cited by Prophecy point to over 31,000 users and 15,000 markets, with every outcome settled onchain by AI agents.

Prophecy Social has moved its Venues product into closed beta. Rather than listing markets inside Prophecy’s own flagship app, external communities and projects can now run prediction market venues under their own roof.

“It’s time to build your own venue,” the project said in the announcement. “Prophecy Social Venues gives you a place to bring your project, community or ideas to life through prediction markets.”

Prophecy Social is introducing custom prediction venues to the Somnia ecosystem through a closed beta.
Projects and communities can quickly create their own custom venue using an agent, with their own branding, markets and experience.
Market creation and resolution are

Operators choose which markets to list, layer on their own branding and tailor the experience to whatever interests their community. “No prediction infrastructure to build,” the project said.

According to Somnia, the chain Prophecy is built on, communities and projects can stand up a custom venue with the help of an agent.

Shared liquidity is the pitch

Branding is the surface; the economics are the real draw. Liquidity on Prophecy is shared protocol-wide across every market, whichever venue spawned it, which spares a fresh venue from having to build a book from scratch.

The same logic applies to accounts. Because the one-time PST grant handed out at sign-up attaches to the account instead of the venue, users who registered somewhere else in the ecosystem won’t receive it twice. Likewise, the daily bonus spans venues, with a single claim permitted per day across all of them.

Points travel between venues as well. Predictions made on any venue accrue points that feed a public leaderboard, with SOMI rewards paid out when each season closes. Scoring is limited to a user’s first 20 calls per day, and going against the crowd on a correct outcome pays better than stacking onto the favorite. Creators of crypto and football markets pick up creator points scaled to the trading volume those markets pull in.

What a venue actually gives operators

In Prophecy’s documentation, a venue is presented as a brand’s name on a working prediction platform, complete with its own categories, leaderboard and markets. A dashboard tracks total predictions, accuracy rates, the most active players and the top-performing markets, and leading predictors are published in weekly rankings.

The docs are explicit that this is “not a sponsorship slot.” Onboarding is described as hands-on, with Prophecy’s team constructing the venue together with the partner, who selects the brand, the categories and the opening set of markets.

A do-it-yourself route also exists: builders can fork the repo and deploy straight against the protocol, tapping Prophecy’s contracts, resolution agents and token mechanics. prophecypredict.xyz hosts the protocol, while prophecy.social is the consumer-facing app.

Agents do the settling

No dispute committee or human moderator is involved. As soon as a market’s countdown expires, several independent AI agents gather evidence from news APIs, price oracles and public data feeds, weigh it against the market’s resolution criteria and cast individual votes with their reasoning attached.

Every market displays its consensus threshold before anyone takes a position. Hitting that threshold writes the outcome to Somnia, and winners can claim right away.

Because those agents operate within Somnia’s execution environment, they fall under the same consensus guarantees that cover any other transaction, meaning validator nodes verify resolution instead of an external service delivering it. Sub-second finality on Somnia lets markets settle the moment outcomes are confirmed.

Grading happens up front, at creation. Each market receives a Caliber score reflecting how cleanly it can be resolved and how dependable its underlying data source is.

The numbers so far

Week one brought Prophecy past 5,000 users and more than 2,000 live markets, every one of them created and resolved with no manual intervention. Those seven days generated 3.6 million points counting toward SOMI rewards.

At the one-month mark, the project put the totals above 31,000 users and 15,000 markets. Stocks arrived afterward, with markets on questions such as whether AAPL finishes a given day above or below a specified price.

Playing costs nothing. Trades are denominated in PST, a token that cannot be transferred, traded, sold or converted into any currency, and trading fees are sponsored by Prophecy and Somnia.

This isn’t the first time access has been doled out selectively. Season 1 and Season 2 top-100 finishers were given early entry to a redesigned interface, with Discord serving as the gate.