Updated: 3/05/26

We’re excited to introduce the Linera Markets Open Beta, a weekly competition cadence designed to stress-test the network, reward active participation, and surface real skill in fast, onchain decision-making.

This post walks through how the Beta works, how competitions are structured, and how you can earn rewards by participating. Points earned as rewards for participation will directly influence how your mainnet behavior will be considered for TGE.

🎯 Our Goal

The primary goal of the testnet is simple:

Maximize the number of wallets using the application — and how often they use it.

To get there, we’ve designed the system to encourage:

• Repeat engagement

• Experimentation without fear of permanent loss

• Consistent participation over time

All while keeping the system easy to understand and easy to run on a rolling basis.

🧱 Application Structure

GMIC Balances

• Every user gets a 100 GMIC bonus on sign up

• GMIC acts as your predicting capital and fluctuates based on performance

Daily Login Bonus

• Earn +10 GMIC for each subsequent day you log in

• This helps:

  • Encourage daily participation

  • Ensure users can keep playing even after losses

  • Maintain activity throughout the week

⏱️ Competition Format

• Competitions run in fixed weekly cycles

• Beginning each week Tuesdays UTC

  • https://www.timeanddate.com/worldclock/timezone/utc

• You can join at any point during the week

• When a competition ends:

  • A new one begins immediately

  • Leaderboards reset

🏆 Leaderboard & Cash Prizes

GMIC Balance Leaderboard

• Rankings are based on your final GMIC balance at the end of the week

• Performance during that week determines your rank

Prize Pool: $1,000 USDC

⭐ Portal Points: Long-Term Rewards

In addition to cash prizes, participants earn Portal Points, which track long-term participation and performance across competitions.

Portal Points are:

• Permanent

• Additive

• Carried across competition cycles

They are earned through activity, consistency, and competitive success.

Base Earning (Activity)

• 0.05 Portal Points for every settled round (multiple predictions on a single market count for one settled round)

This rewards on-chain activity without letting pure volume dominate.

Performance Bonuses (Per Competition)

At the end of each competition, users earn one-time Portal Point bonuses based on how they rank on the GMIC Balance Leaderboard. This may be adjusted for subsequent tournaments.

🚀 Why This Matters

The Linera Markets Open Beta is about:

• Using the application and testing the experience

• Making real decisions and helping prime mainnet behavior

• Learning how fast, onchain prediction markets can provide opportunity for humans and agents alike

Jump in, place some picks and let’s see what breaks — and what works: https://linera.market/