A new privacy-focused prediction market application, led by Multicoin, is exploring the use of fully homomorphic encryption to enhance user privacy. Unlike traditional prediction markets, this platform keeps bet amounts and directions confidential until final settlement. Market trends for individual events are also hidden until the conclusion, preventing front-running and strategy leaks. Despite the opacity during the betting phase, the final settlement is transparent and verifiable after decryption. This approach differentiates itself by eliminating the need for real-time price discovery, allowing participants to focus solely on the final outcome without mid-course noise. Such a market is particularly suited for predictions involving political decisions, governance votes, and protocol launch dates. The initiative aims to provide a unique alternative to existing prediction markets by ensuring privacy and reducing strategic interference.