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Intellistake Technologies Corp. (CSE: $ISTK) has taken full ownership of Gravity, giving the company control of a prediction-market technology it now believes can serve a wider set of liquidity and execution needs.
The company and Prospect Prediction Markets agreed to terminate their March development and platform agreement. Intellistake will retain Gravity's software, algorithms, AI and machine-learning models, interfaces, specifications and related development work, while Prospect's two-year exclusivity period and revenue-sharing rights have been removed.
Gravity was initially being developed around Prospect's platform. Intellistake now plans to explore applications across additional prediction markets, contract categories and other fragmented markets where thin liquidity can create pricing gaps, one-sided trading and unreliable execution.
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