How Prediction Markets Have Become Crypto's Killer App
"Prediction markets are part of phase two of crypto product adoption" - Andrew Young, in today's podcast. If you’ve been following the evolution of DeFi, you know that prediction markets were one of the earliest use cases envisioned for blockchain. But only now, with more robust infrastructure and a larger pool of onchain users, are we beginning to see the full potential of this usecase unfold. Today, we discussed the idea of sports betting as a much larger and more sustainable market compared to other prediction markets, like political betting. The regularity of betting events is a key part…
The skinny
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