Prediction Markets
Polymarket is Up to 94% Accurate In Predicting Outcomes: Analysis
A data analyst found that Polymarket is 90% accurate in predicting outcomes one month out and 94% correct four hours before an event occurs.
Polymarket Volume Drops in February, But Active Users Remain Healthy
It appears that the Presidential election wasn’t the only cause of the prediction market’s spectacular growth, as sports betting draws more users to the platform.
CFTC Commissioner Says Election Prediction Markets ‘Are Here to Stay’
Commissioner Summer Mersinger said in a policy seminar that the CFTC must take a more “pro-innovator” approach.
Federal Appeals Court Approves Election Betting
The decision allows election betting to take place without the fear of regulatory scrutiny. Polymarket and FantasyTop are both leaning into the demand.
Coinbase-backed Vega Protocol Takes Aim at Polymarket With New Prediction Market
The new feature is part of Cosmos-based Vega’s latest Colosseo II upgrade.
Betting Market for Arbitrum Airdrop Surges Before Announcement
A key indicator shows traders started aggressively betting Arbitrum’s ARB token would be airdropped hours before the token distribution was announced. On March 15, a day before the airdrop went public, traders on prediction market Polymarket started placing more bets that the airdrop would happen before March 31. “Yes” shares spiked as high as $0.72…
Exclusive: OpenDAO Is Building an NFT Prediction Market and Bespoke Blockchain
OpenDAO's founder told The Defiant the platform is building a blockchain and a prediction market for NFTs.
