TRADING PROHIBITION & INTERGRITY POLICY
1. Purpose of This Policy
To ensure a fair, transparent, and trustworthy prediction market environment, Qalla prohibits individuals and institutions from participating in markets where they have material non-public information or any ability to influence the outcome. This policy protects the integrity of the platform and its users.
2. General Rule of Prohibition
You may not participate in a market on Qalla if:
- You are directly employed by, affiliated with, or contracted by a source of influence on the outcome.
- You possess material non-public information about the event.
- You are an influencer, determined, or significantly affect a field display or indirectly.
3. Categories of Prohibited Participants
A. Political Markets
Cannot participate in elections, political appointments, or legislative-based markets:
Prohibited Individuals/Entities
Public office holders
INEC officials
Political party staff
Government workers with insider access
Political consultants or advisors
Examples
Governors, Senators, Local Government Chairpersons
Commissioners, electoral officers, or contractors
Campaign managers, strategists, social media leads
Policy aides, advisors, and their family members
Contractors who advise on influence policy
B. Entertainment & Music Markets
Cannot participate in elections, political appointments, or legislative-based markets:
Prohibited Individuals/Entities
Artists and producers
Record label employees
Chart editors or aggregators
Social influencers tied to promotions
Examples
Musicians, beatmakers, audio engineers
A&R staff, marketing team, executives
Employees of TurnTable Charts, Apple Music Nigeria
Influencers paid to promote content tied to the market
C. Sports Markets
Cannot participate in contests regarding performance, transfers, injuries, or match outcomes:
Prohibited Individuals/Entities
Athletes, coaches, team staff
Match officials
Football federation executives
Sports journalists
Data providers
Examples
Players in Nigerian leagues or international games
Referees, VAR analysts, medical personnel
NFF, CAF officials or affiliate staff
Those with embargoed pre-release access
Vendors and analysts with real-time access to data
D. Business, Tech & Crypto Markets
Cannot participate in markets about company decisions, future launches, financial reports, etc
Prohibited Individuals/Entities
Founders, board members
Crypto developers & insiders
Marketing agencies under NDA
Regulatory officers
Examples
Startup executives, fintech operators.
Token creators, multisig holders
PR firms with early access to campaigns
SEC Nigeria, EFCC officials with oversight roles
4. Source Institutions in Nigeria & Africa
Prohibited participants also include institutions or bodies that can influence or directly impact market outcomes:
Institutions
INEC
NBC
NFF, CAF
EFCC, CBN, SEC Nigeria
Ministry of Information & Culture
NBS (National Bureau of Statistics)
African Union, ECOWAS, etc.
NOA (National Orientation Agency)
Roles
Electoral body; can't participate in political markets
Influences media coverage; barred from entertainment prediction
Regulate football; banned from sports market participation
Financial regulators; banned from business/crypto markets
Government narratives; banned from narrative-sensitive markets
Oversees entertainment regulation
Generates data; cannot participate in markets based on stats releases
Can't participate in geopolitical or regional outcome markets
5. Conflict of Interest and Third-Party Contracting
Any third-party vendors, contractors, or freelancers with privileged access to market-related data, content, or decision-making channels are also strictly prohibited from participation.
6. Penalties and Enforcement
Violations of this policy will be subject to:
- Immediate account suspension or permanent ban
- Forfeiture of all market winnings and blocked access to funds.
- Public flagging of accounts for transparency (where applicable).
- Referral to law enforcement or regulatory agencies, especially in cases of fraud, collusion, or data misuse.
7. Reporting Mechanism
If you identify any individual or entity violating this policy, please report them via:
compliance@gowagr.appAll reports will be treated with utmost confidentiality and may be eligible for whistleblower protection if sensitive.
8. Updates to this Policy
This document is reviewed periodically to stay current with emerging risk profiles, changing regulatory guidance, and market trends.
Users will be notified of any material changes.
Qalla by Gowagr is committed to fair, transparent, and community-trusted prediction markets. Integrity is not optional — it’s our foundation.