Northwire Canada EditionThursday, July 16, 2026
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Intellistake Announces C$1,573,000 Development Agreement with Prospect Markets to Build 'Gravity', a Liquidity Management System for Prediction Markets

MKT · Price

Executive Summary

  • Intellistake Technologies Corp. entered a development and platform agreement with Prospect Markets Inc. to create “Gravity,” a modular liquidity‑and‑execution engine for sports prediction markets.
  • Total consideration up to US $1,150,000 (≈ C$1,573,000) – US $550,000 payable for development stages A‑C and a 24‑month license fee of US $25,000 per month (US $600,000 total), with an additional US $300,000 in expected development costs.
  • Approximately US $1,000,000 of the consideration may be paid via issuance of Prospect Markets shares, subject to exchange approval.

Key Details

  • Agreement Value: C$1,573,000 (US $1,150,000) for development and licensing of Gravity.
  • Development Stages & Timeline:
  • Stage A – Proof of Concept (~4 weeks).
  • Stage B – MVP (~4‑6 weeks after Stage A).
  • Stage C – Full production release (~10 weeks after Stage B).
  • Payment Structure:
  • US $550,000 payable for completion of Stages A‑C.
  • Post‑Stage C, a 24‑month exclusivity license at US $25,000 per month (total US $600,000).
  • Expected development costs: US $300,000.
  • Equity Component: Up to US $1,000,000 of the total consideration may be satisfied by issuance of Prospect Markets shares, pending stock‑exchange approval.
  • License Terms: Prospect Markets receives a two‑year exclusive license to integrate Gravity into its platform.
  • Strategic Rationale: Gravity is designed to mitigate thin‑liquidity issues in prediction markets—addressing one‑sided order flow, rapid news‑driven spikes, and cold‑start problems for new markets.
  • Market Context: Prediction market volumes projected at ~$325 billion annualized run‑rate (Jan 2026 data), with sports contracts driving the majority of activity.
  • Quotes:
  • Jason Dussault, CEO, Intellistake: “We are developing systems designed to address liquidity challenges… Gravity will demonstrate that capability.”
  • Johnny Chen, CEO, Prospect Markets: “Integrating financial principles such as auction‑based mechanisms… positions Gravity to lead the next generation of prediction market infrastructure.”

Notable Quotes

  • “Prediction markets have a well‑known pressure point – when order flow becomes heavily one‑sided, liquidity deteriorates and slippage follows.” – Jason Dussault, CEO, Intellistake
  • “Our platform is designed to support real‑time, high‑frequency sports prediction markets… Gravity allows us to address liquidity stress at the system level.” – Johnny Chen, Founder & CEO, Prospect Markets
Read the original news release →

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