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Frequently Asked Questions
Hot Talk is a platform where opinions become tradeable assets. Users can create opinions, others can buy and sell them like stocks, and anyone can bet against other players on how far and how fast a price moves.
All opinions start at 10.00 tokens. Each opinion has its own price curve: every share bought adds about 0.1% to the price and every share sold takes it back off. What buyers pay goes into that opinion's reserve, and sellers are paid from it, so you can always sell without waiting for a buyer. Your sale is paid with tokens earlier and later buyers put in, so prices fall when others sell.
By selling opinions and bundles for more than you paid, and by winning velocity bets. Creating an opinion doesn't pay you directly; buying into a take early, before others pile in, is how its creator (or anyone) profits from it.
When you buy an opinion, you become a shareholder. If the price increases, you can sell it for more tokens than you paid. You can also hold it long-term or sell it at any time.
Bet that an opinion is a bad take (its price will drop) or a good one (it will rise), by how much (5%, 10%, 25% or 50%, or your own: drops of 1-95%, rises of 1-500%) and how fast (within 1 hour, 6 hours, 24 hours or 7 days, or your own time from 1 hour to 30 days). Custom times end on the next whole hour after the time you pick. The bigger and faster the move, the less likely it is and the higher your multiplier, up to 5x, locked when you bet. The price has to hold at your target, averaged over 10 minutes, for you to win. Winners are paid only from other players' losing bets that settle at the same time: if the losing bets cover what winners are owed, you get the full multiplier; if not, every winner's winnings are scaled down by the same share, and you always get your stake back. If nobody bet the other way, everyone is refunded. You can't bet on your own opinions or bundles, and while a bet is open you can't trade that opinion in the direction you bet on.
Yes! You can create as many opinions as you want. Each opinion starts at 10.00 tokens and can be traded independently.
Creating opinions is free. Every buy and every sell has a 0.1% fee, shown before you confirm. Velocity bets charge 0.1% of winnings only; stakes, refunds and losing bets are never charged. Those are the only fees.
Bundles are like ETFs for opinions - they let you trade multiple opinions as one unit. You can create bundles from opinions in your portfolio or trade existing public bundles.
Still have questions? Contact us at chat@hottalkllc.com