An Introduction to Prediction Markets
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Author: Annapurna, Lesswrong (originally Jorge Velez)
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Source: https://www.lesswrong.com/posts/5yDmcyTrGPoWyzwBr/an-introduction-to-prediction-markets
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Tags: Financial Investing
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Prediction Markets:
- exchange-traded markets created for the purpose of trading the outcome of events.
- ie:
- Sports Betting
- https:PredictIt.org
- https:Metaculus.com
- Augur
- p2p, open source, running on Ethereum Network
- Polymarket
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The author makes the case that while not so useful when used by individuals Prediction Markets could be influential when mainstream and used by important Economic Actors
- makes the example of the Ever Given Incident