Make money
by predicting
real events
across Africa.

Laat is an online marketplace where people predict what will happen in real events across Africa.

Each market asks a simple question that can normally be answered Yes or No. You choose the answer you believe is correct.

Laat is built in Namibia for Africa.

Laat can have markets about elections, politics, government decisions, sport, economics, business, weather and many other real events.

The event must have a clear result that can be checked using reliable public information.

Not every event can become a Laat market. The question must be clear, the rules must be clear and there must be a reliable way to confirm what actually happened.

Laat creates and publishes the questions that appear on the Laat marketplace.

Laat may also allow users to suggest questions about events they would like to trade. A suggested question is not published automatically. Laat reviews it first to make sure the question is clear, the event is suitable, the rules are complete and there is a reliable source that can confirm the final result.

Only questions approved by Laat are published for trading.

No. Real-money trading is not available yet.

Deposits, withdrawals and real-money trades are currently disabled while Laat completes the approvals and other requirements needed before launch.

"Trading locked" means you can see the market, the question and its rules, but you cannot place a real-money trade on it yet.

Trading will only be opened when the required approvals and launch requirements are in place.

Laat is designed as a peer-to-peer event-contract marketplace. In simple terms, people choose Yes or No on a real event, and Laat’s system matches people taking opposite sides of the same question.

Laat does not normally bet against its users or take the opposite side of every trade.

However, the name used to describe Laat does not decide how the law will classify it. Different countries may treat event contracts as gambling, gaming, betting, bookmaking, derivatives or another regulated activity.

Laat will only offer real-money participation where the necessary legal and regulatory requirements have been met.

NADD Pay is a separate payment service intended to help users deposit, hold and withdraw NADD balances used with Laat.

NADD Pay is not the Laat marketplace itself. It is the payment service intended to work alongside Laat.

Deposits and withdrawals are not active on Laat while the platform remains in pre-licence mode.

Every market asks a question that can be answered Yes or No.

Choose Yes if you believe the event will happen. Choose No if you believe the event will not happen.

After the official result is confirmed, the side that predicted the correct result wins. The winning contracts receive their full value, while the losing contracts have no value.

Laat does not simply choose the market price itself.

Users place Yes or No orders at prices they are willing to trade. Laat’s system then tries to match a Yes order with a compatible No order.

As more people place, change or remove their orders, the market price can move up or down.

A Yes price of 0.60 can be understood as the market suggesting about a 60% chance that the Yes result will happen.

For example, if a market asks, “Will Team A win?” and the Yes price is 0.60, the market is roughly showing a 60% chance that Team A will win.

This is only the market’s current view. It does not mean the event has a 60% guaranteed chance of happening, and it does not guarantee that Yes will win.

Laat does not normally set fixed odds for users.

Prices are created by the Yes and No orders placed by people using the marketplace.

This means the price can change when people change what they are willing to pay for Yes or No.

When a Yes order and a No order are successfully matched, the money needed for those contracts is set aside.

Money that has been set aside for one completed trade cannot also be used for another trade at the same time.

This helps make sure the money needed to pay the winning side is already available when the market result is confirmed.

Every market shows the date and time when trading will close. This information is included in the market rules.

Trading normally closes before the final result is known.

Laat may also close or pause a market earlier if there is a serious technical problem, uncertainty about the event, suspected cheating or manipulation, or another problem covered by the market rules.

Before a market opens, Laat states where the official result will come from.

For example, an election result may come from the official election authority. An interest-rate decision may come from a central bank. A football result may come from the recognized football authority or competition organizer.

The source can also be a court, statistics agency, weather authority or another reliable institution.

Laat checks the published result and supporting information before confirming whether the correct answer is Yes or No.

Every market has rules explaining what will happen if something goes wrong.

A market may be cancelled or declared void if the event itself is cancelled, the market question contains a serious mistake, the official result source is no longer available or there is no fair and reliable way to confirm the result.

If this happens, Laat will handle the affected contracts according to the market rules and any legal or regulatory requirements that apply.

Users may be allowed to suggest questions for new markets.

A suggested question will not automatically appear on Laat. Laat must review it first.

Laat will check whether the question is clear, when the market should close, where the official result will come from, whether the market is legally allowed and whether there is a risk of cheating or unfair trading.

Laat will then decide whether the proposed market can be published.

Laat uses checks and controls designed to keep markets fair and protect users.

These may include identity checks, age checks, location checks, monitoring of transactions, limits on how much a person can trade in certain markets and checks for suspicious activity.

Laat may place extra restrictions on sensitive markets such as elections, politics or events where some people may have important information that is not yet public.

People who can control an event or who know important private information about its result may also be restricted from trading in that market.

Laat is intended for adults who are legally allowed to participate.

Before using real money, a person may need to confirm their identity, age and location and complete other required checks.

Whether a person can use Laat also depends on the laws and rules of the country where that person is located.

Laat is being built for Africa, but it may not become available in every African country at the same time.

Every country has its own laws and regulatory requirements. Permission to operate in one country does not automatically mean people in another country can also use Laat with real money.

Real-money access will only be offered in countries where it is legally allowed and the required approvals and other requirements have been completed.

Laat was founded and developed by Simon Kapenda in September 2026. Simon is also the founder and developer of Namibia 30 Index, NADD, Naira Index, SACE Index, Africa Tourism Pass, and U.S. Health Index.

Laat is operated by Abba Payments (Namibia) (Pty) Ltd. (Co.Reg.No.: 2023/0770), based in Oshakati, Namibia.