System for recording and constructing a semiotic wagering/agreement

A system for recording and constructing a semiotic wagering/agreement wherein the said system comprises of a communication interface which is comprising:

• i) a chat module enabling chat messaging communication between at least a first and second user;
• (ii) a drafting module that monitors the chat messaging communication and detects keywords stating agreement terms and agreeance of each party where the drafting module predicts and drafts terms for the agreement based on agreed keywords;
• (iii) a referee designation module which will suggest multiple draft terms to each user for agreeance and feed these draft terms back into the chat module, if the parties are unable to agree;
• (iv) a transaction processing module facilitating the processing of transactions based on agreement terms;
• (v) an escrow account module for holding transacted funds until the outcome of the wager is determined and releasing funds to the appropriate party;
• (vi) a payment gateway module processing transactions between users and transferring funds to the appropriate party;
• wherein the system for recording a semiotic wagering agreement allows the users to effectively wager on various subjects by determining and incorporating odds into contracts based on the agreement terms;
• and
• wherein one or a plurality of users are in communication with this communication interface via user devices and the plurality of users are further connected to a server via a network, wherein the server has a processor, a memory and a data storage device and optionally a business logic system.