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On July 14, IOHK, the Cardano network developers, announced the project’s latest testnet called Alonzo white has been deployed. IOHK detailed that it has onboarded new participants and the move will help the project move “closer to smart contracts.” Two days later, a Cardano-based project called Spores raised $2.3 million to build a non-fungible token … Read more
Prediction market activity shows that few bettors think Vitalik Buterin has a chance against the Canadian master Go to Source Powered by WPeMatico
The new prediction marketplace solves longstanding liquidity issue, but does it create new problems? Go to Source Powered by WPeMatico
Americans wagered $140 million on the 2017 Super Bowl, but if sports betting was legal nationwide, that figure would have been closer to $5 billion, it’s believed. Save for a handful of states such as Nevada, sports betting is outlawed in the U.S., though a Supreme Court ruling last year looks set to change that. … Read more
Prediction markets are an interesting example of how blockchain technology can be used to change the world. Although not too many popular platforms exist just yet, Augur has officially launched its main project. So far, it seems there are a lot of bets and predictions in effect already, which further indicates how popular it could … Read more
Following great delays and great fanfare, Augur’s decentralized prediction market has launched. One week on, an examination of the sort of wagers it’s attracted shows the ways in which the Ethereum-based project can be harnessed as well as the potential hazards. How decentralized is Augur and, if push came to shove, could the platform prove … Read more
In the cryptocurrency ecosystem, the concept of prediction markets is a topical subject. There are a few projects in the works hoping to build decentralized prediction markets such as Augur and Hivemind. One particular project, although not fully ‘trustless’ at the moment, Fairlay, has been moving a staggering amount of volume over the past few … Read more
Prediction markets are making their mark on the blockchain and cryptocurrency industries as we speak. Stox, one of the ICOs promoted by Floyd Mayweather, aims to do so as well. Its goal is to build the blockchain prediction market of the future using Ethereum technology. The Concept of Stox Although the name would suggest Stox has something … Read more
Prediction markets stand to benefit a lot from blockchain technology. We’ve seen several such projects embrace a cryptocurrency-oriented business model as well. Given that cryptocurrency and blockchain are entwined, this is anything but surprising. One of the more popular cryptocurrency-oriented prediction markets is Gnosis. It is a rather interesting project which aims to achieve a lot … Read more
