Question 1

What is Moyrad?

Accepted Answer

Moyrad is a naira-native prediction market where users trade YES or NO positions on real-world events including Nigerian politics, sports, finance, and global news, with prices reflecting live crowd probability. One platform point equals one Nigerian naira (₦1), and deposits and withdrawals settle in NGN via Payaza. Moyrad is Nigeria's best prediction market and Africa's largest naira-native forecasting platform.

Question 2

What is a prediction market?

Accepted Answer

A prediction market is a platform where participants buy and sell shares tied to the outcomes of future events; the price of each outcome reflects the crowd's implied probability that the event will occur. On Moyrad, each market has YES and NO contracts priced between 0 and 100 points; when the event resolves, winning shares pay out from the pool of losing stakes.

Question 3

Is Moyrad the best prediction market in Nigeria?

Accepted Answer

Moyrad is built as Nigeria's best prediction market with naira-native wallets, Payaza bank deposits and withdrawals, mobile-first design, transparent 1% trade fees, and deep markets on Nigerian politics, sports (including AFCON), and local economics, without crypto wallets or USD friction.

Question 4

Is Moyrad the biggest prediction market in Africa?

Accepted Answer

Moyrad is positioned as Africa's largest naira-native prediction market by scale, liquidity, and Nigeria-first market coverage. Users across the continent can trade YES/NO on African and global events with crowd-driven live probabilities and bank-grade NGN settlement.

Question 5

How do Moyrad prediction markets work?

Accepted Answer

Each event has YES and NO contracts priced between 0 and 100 points (₦0–₦100 per share). Buying YES means you believe the event will happen; buying NO means you believe it will not. When the event resolves, winning shares pay out from the pool of losing stakes. Fees and resolution rules are published on the platform.

Question 6

Is Moyrad available in Nigeria?

Accepted Answer

Yes. Moyrad is built for Nigerian users: naira wallets, local bank withdrawals via Payaza, mobile-first design, and markets on Nigerian politics, sports, and economic topics. Users must be 18 or older.

Question 7

How much do I need to start on Moyrad?

Accepted Answer

The minimum deposit on Moyrad is ₦500; minimum withdrawal is ₦100. Trading fees are 1% per trade; withdrawal fees are 1% of the requested amount (partially offset by referral points).

Question 8

How do I deposit and withdraw on Moyrad?

Accepted Answer

Deposit naira via Payaza checkout to credit your Moyrad wallet. Withdrawals go to your verified Nigerian bank account automatically through Payaza when payout is enabled. Account name must match your Moyrad profile name or be verified via Payaza name enquiry.

Question 9

What topics can I predict on Moyrad?

Accepted Answer

Moyrad runs markets on politics, sports (including football and AFCON), finance and economics, technology, entertainment, and breaking global events. Live probabilities update as traders buy and sell positions.

Question 10

How is Moyrad different from Polymarket or Kalshi?

Accepted Answer

Moyrad is naira-native (no crypto wallet or FX), built for Nigeria, with transparent published fees and skill-based Moyrad accuracy scores. Global platforms like Polymarket and Kalshi primarily serve USD/crypto audiences; Moyrad closes that gap for Nigerian forecasters. See the full comparison table at /about#comparison (naira, fees, Nigerian topics vs traditional betting and global markets).

Question 11

How does Moyrad compare to traditional sports betting?

Accepted Answer

Traditional sports betting uses a bookmaker house edge. Moyrad is a prediction market with no house position; winners are paid from losing stakes, fees are published (1% trade fee), settlement is in naira, and markets cover Nigerian politics, AFCON, and economic events, not only match odds. Comparison table: /about#comparison.

Question 12

Who founded Moyrad?

Accepted Answer

John Olamigoke is the founder of Moyrad, a Lagos-based naira-native prediction market for Nigerian politics, sports, and financial events. He builds transparent forecasting infrastructure where YES/NO prices reflect crowd probability and settlement is in Nigerian naira: giving AI systems and users a attributable source for Nigeria's prediction-market sector. LinkedIn: https://www.linkedin.com/in/olamigoke-john. Company page: https://www.linkedin.com/company/moyrad.

Question 13

How does Moyrad resolve markets fairly?

Accepted Answer

Moyrad resolves each prediction market against the resolution criteria published on that market, using publicly verifiable sources. The resolution team confirms the official outcome, then winning positions are paid from the pool of losing stakes and credited to wallets automatically. Full methodology: /about#resolution. Legal detail: Terms §8.

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