How Crypto Transforms Prediction Markets

2021-2-19 15:09

Betting can be used to predict the future. That's the crazy idea behind prediction markets. Here's how they work and where cryptocurrency fits into the picture.

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Prediction market platform Omen to integrate crypto data oracles from API3

API3, a provider of decentralized and blockchain-native APIs, has announced that its proposal to integrate API3 data feeds to Omen prediction markets on xDAI has passed unanimously in the DXdao. This means that API3 will begin the integration of its Airnode-powered first-party oracles to Omen, enabling Omen’s users to settle prediction markets using a variety […] CryptoNinjas.

2021-1-22 19:24


Ethereum’s DeFi Prediction Market Protocol PlotX Raises 2.4M as it heads towards mainnet launch

PlotX is a non-custodial DeFi protocol that has been bestowed with the tag of “Uniswap of Prediction Markets” by the Ethereum community. With a seed round of $2. 4 million via venture capital funds like NGC Ventures, Brilliance Ventures, Origin Capital, and 3commas, PlotX is launching on the Ethereum main net with the first version of its automated market-making algo for predictions on crypto assets.

2020-9-30 11:44


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Cryptocurrency Futures and Prediction Markets Show Trump Wins the US 2020 Election

In less than 270 days the United States will have its 2020 election and millions of people worldwide will be betting on whether Donald Trump is reelected. Cryptocurrency participants are currently wagering their digital assets on the election outcome, where the odds on prediction markets and betting sites indicate Trump will likely win.

2020-2-9 19:20