User Private Markets

Background

For certain events, due to various objective and subjective reasons, users may want them to be visible and operable only within a small, restricted circle. Private markets allow event creators to control access and visibility, making events accessible only to invited participants.

Overview

Private markets are a special type of custom events that provide enhanced privacy and access control. Unlike public events that are visible to all users, private markets can be restricted to specific audiences through password protection and visibility settings.

Key Features

Access Control: Password-protected event access
Visibility Control: Option to hide from public event listings
Easy Sharing: Share events via links with embedded passwords
Secure Verification: Local password verification using MD5 hashing

Workflow

Step 1: Enable Private Market

Access Custom Event Creation
Navigate to the custom event creation page
Select "Create Custom Event"
Enable Private Market Option
Locate the "Private Market" toggle/checkbox
Enable the private market feature
Once enabled, two additional fields will appear:
- visibleOfPublic (Public Visibility)
- Access Key (Access Password)

Step 2: Configure Private Market Settings

Private Market Toggle

Field Name: privateMarket
Type: Boolean toggle/checkbox
Requirement: Must be enabled to access other private market fields
Default: Disabled (false)

Public Visibility

Field Name: visibleOfPublic
Type: Boolean option
Options:
true (Yes): Event appears in public DApp event listings
false (No): Event hidden from public listings
Default: false (hidden)
Purpose: Control whether the event is visible in the main event list

Access Key

Field Name: Access Key
Type: 6-digit numeric password
Format: Exactly 6 digits (0-9)
Default: Empty (no password required)
Purpose: Password protection for event detail page access
Validation: Required if private market is enabled

Complete Event Creation
Fill in all required event details
Configure private market settings
Submit the event creation form
Get Shareable Link
After successful creation, the creator receives a shareable link
Use "Copy Link" button to copy the event URL
The URL includes the access key as a parameter (if password is set)
Share with Friends
Share the link with intended participants
Password is embedded in the URL parameter
Recipients can access the event directly via the link

Step 4: Access Private Event

Open Shared Link
Friend clicks on the shared event link
Browser navigates to the event detail page
Password Verification (if required)
If Access Key is set, password verification is required
System checks if password parameter exists in URL
If password is in URL: Auto-fill and verify automatically
If password not in URL: Display password input form
Enter Access Key
User enters the 6-digit access key
System validates the password locally
Verification Process
Local Verification: Password verification happens client-side
MD5 Hashing:
- System retrieves MD5 hash of the correct password via API
- User input is MD5 encoded
- Compare MD5 hashes to verify password
Access Decision:
- ✅ Verified: Grant access to event detail page
- ❌ Failed: Deny access, show error message

Core Functionality

Event Type: Private Market

Private markets introduce a new event type with enhanced privacy controls.

Event Type Classification

Event Type	Description	Visibility	Access Control
Public Event	Official events created by platform	Always visible	No password required
Custom Event (Public)	User-created events, publicly visible	Visible in listings	No password required
Custom Event (Private)	User-created events with privacy controls	Configurable visibility	Optional password protection

Private Market Attributes

Private market events include two additional attributes:

1. visibleOfPublic (Public Visibility)

Purpose: Control whether the event appears in public DApp event listings
Type: Boolean
Options:
true (Yes): Event is visible in public event list
false (No): Event is hidden from public listings
Default: false (hidden)
Use Case:
Hide private events from public view
Only accessible via direct link sharing

2. Access Key (Access Password)

Purpose: Password protection for event detail page access
Type: 6-digit numeric string
Format: Exactly 6 digits (0-9)
Default: Empty (no password required)
Validation:
Required format: 6 numeric digits
Must be set if private market is enabled
Use Case:
Restrict access to invited participants only
Additional security layer for sensitive events

Configuration Rules

Availability

Custom Events Only: Private market configuration is available only for custom events
Official Events: All official events are public events (always visible, no password)
User Control: Users have full control over custom event privacy settings

Field Dependencies

privateMarket (enabled)
    ├── visibleOfPublic (appears)
    └── Access Key (appears)

privateMarket (disabled)
    ├── visibleOfPublic (hidden)
    └── Access Key (hidden)

Default Behavior

Private Market Disabled:
Event behaves as standard custom event
Visible in public listings (default)
No password protection
Private Market Enabled:
visibleOfPublic: Default false (hidden)
Access Key: Default empty (no password)

Password Verification

Verification Method

Local Verification Process

Pre-fetch Password Hash
System calls API to retrieve MD5 hash of the correct password
Hash is stored temporarily for comparison
User Input Processing
User enters 6-digit access key
System MD5 encodes the user input
Creates hash of user-entered password
Hash Comparison
Compare MD5 hash of user input with stored correct hash
If hashes match: ✅ Verification successful
If hashes don't match: ❌ Verification failed
Access Control
Success: Grant access to event detail page
Failure: Show error message, deny access

Security Considerations

MD5 Hashing: Provides one-way encryption for password verification
Local Verification: Reduces server load, faster response
URL Parameters: Password can be embedded in URL for convenience
Client-Side Validation: Immediate feedback to users

Use Cases

Private Trading Groups

Scenario: Small group of traders want to create private prediction markets
Configuration:
visibleOfPublic: false (hidden from public)
Access Key: Set 6-digit password
Sharing: Share link with password to group members only

Exclusive Events

Scenario: Event creator wants to limit participation to invited users
Configuration:
visibleOfPublic: true (visible but password-protected)
Access Key: Set 6-digit password
Sharing: Share link publicly, but only password holders can access

Testing and Development

Scenario: Developers testing new event features
Configuration:
visibleOfPublic: false (hidden)
Access Key: Set for team access only
Sharing: Internal team access only

Best Practices

Password Management

Strong Passwords: Use random 6-digit combinations
Secure Sharing: Share passwords through secure channels
Regular Updates: Change passwords if compromised
Access Control: Limit password distribution to intended participants

Visibility Settings

Hidden Events: Use visibleOfPublic: false for truly private events
Public but Protected: Use visibleOfPublic: true with password for semi-private events
Link Sharing: Always use shareable links with embedded passwords

Security Recommendations

Password Complexity: While 6 digits is required, encourage random combinations
Link Security: Be cautious when sharing links with embedded passwords
Access Monitoring: Monitor who has access to private events
Regular Review: Periodically review and update access controls

Troubleshooting

Common Issues

Cannot Access Private Event

Problem: Unable to access event detail page

Solutions: - Verify you have the correct access key - Check if password is correctly embedded in URL - Ensure you're using the shared link provided by creator - Contact event creator for correct access key

Password Not Working

Problem: Entered correct password but verification fails

Solutions: - Verify password is exactly 6 digits - Check for extra spaces or characters - Try copying password directly from shared link - Request new access key from event creator

Event Not Visible

Problem: Cannot find event in public listings

Solutions: - Event may have visibleOfPublic: false setting - Use direct link shared by event creator - Check if event is private market type - Contact event creator for access link

Fields Not Appearing

Problem: Private market fields not visible in creation form

Solutions: - Ensure you're creating a custom event (not official event) - Enable "Private Market" toggle first - Refresh the page if fields don't appear - Check browser compatibility

Support

Getting Help

For issues related to private markets:

Help Center: Check documentation for detailed guides
Live Chat: Contact support for immediate assistance
Email: support@yc365.io
Community: Ask questions in community forums

Feature Requests

To suggest improvements for private markets:

Feedback Form: Submit feature requests through platform
Community Discussions: Participate in feature discussions
Direct Contact: Reach out to development team

Create Private Markets Today! 🎯 Private markets give you full control over event visibility and access. Share events with select groups while maintaining privacy and security.

Perfect for exclusive trading groups, private events, and testing environments. Start creating your first private market now!