Intellistake to build software for Prospect Prediction

Executive Summary

• Intellistake Technologies Corp. entered into a development and platform agreement with Prospect Prediction Markets Inc. to build "Gravity," a liquidity management system for prediction markets.
• The total contract value is C$1,573,000 (approx. $1.15 million USD), comprising $550,000 USD for development stages and a $600,000 USD, 24-month licensing fee.
• $1 million USD of the consideration is expected to be paid via the issuance of shares in Prospect Markets, subject to stock exchange approval.

Key Details

• Agreement Parties: Intellistake Technologies Corp. (Developer) and Prospect Prediction Markets Inc. (Client).
• Project Name: "Gravity," a modular liquidity-plus-execution-layer software program designed to address thin liquidity conditions in prediction markets.
• Total Contract Value: C$1,573,000 (Canadian-dollar equivalent).
• Payment Structure:
  • Development Phase: $550,000 USD for Stages A (Proof of Concept, ~4 weeks), B (MVP, ~4-6 weeks), and C (Full Production, ~10 weeks).
  • Licensing Phase: $25,000 USD per month for 24 months, totaling $600,000 USD.
  • Total Consideration: Up to $1.15 million USD.
• Payment Method: $1 million USD of the consideration is anticipated to be payable through the issuance of shares of Prospect Markets, subject to stock exchange approval.
• Use of Proceeds: Intellistake expects total development costs to be $300,000 USD.
• Intellectual Property: Intellistake originated Gravity and will serve as the software provider. Parties hold certain rights in Gravity IP or data generated. Prospect Markets receives a two-year exclusivity license to integrate and use Gravity.
• Technical Scope: Gravity is designed to handle high-volume event markets, addressing issues like liquidity collapse during one-sided markets, slippage during breaking news, and cold-start problems for new niche markets.
• Integration: Gravity will be integrated directly into Prospect Markets' platform, which covers major global sports leagues (NHL, NFL, NBA, MLB, English Premier League, World Cup).
• Market Context: The agreement addresses structural challenges in the prediction market sector, which saw $64 billion in volume in 2025 and an annualized run rate of $325 billion in early 2026.

Notable Quotes

• Jason Dussault, CEO of Intellistake: "Prediction markets have a well-known pressure point -- when order flow becomes heavily one sided, liquidity deteriorates and slippage follows... At Intellistake, we are developing systems designed to address these challenges, and Gravity is how we intend to demonstrate that capability."
• Johnny Chen, CEO of Prospect Markets: "As we prepare to scale our platform across major global sports, market quality becomes just as important as market coverage... Working with Intellistake on the development of Gravity allows us to address liquidity stress at the system level, helping ensure a consistent and reliable experience for users as volume and engagement grow."