In prediction markets, participants bet on the outcome of real-world events, from the deadly serious (the war in the Middle East) to the frivolous (Taylor Swift's love life). They are typically framed as yes-or-no questions, and participants can buy "yes" contracts or "no" contracts.
"Crypto takes prediction markets to the next level by making them borderless and permissionless, and by automating functions like determining winners and losers.
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