How Prediction markets slowly grows public interests back into crypto
1 min read
Polymarket, a decentralized betting service, lets people predict on various occasions. It recently gained a lot of popularity and even known to people outside of crypto.
While normal ‘polls’ aren’t reliable, because anyone can make choices, whether truthfully or not in order to manipulate…
in a prediction market, those who vote have a stake in it. They choose the most possible outcome in order to win.
Almost anything can be predicted on, it gained popularity now especially because of the upcoming US presidential election.
People outside of crypto are checking predictions, many of them even never knew about crypto and could be onboarded into crypto.
Amid the prediction market hype, the Layer 2 solution “BLAST” recently announced in an AMA that it will also laumch a prediction market. It is possible that its users can do all of these without spending gas on txs due to BLAST ‘s native yield and gas revenue sharing features.
submitted by /u/derika22
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