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crypto prediction markets
Crypto prediction markets are blockchain-based platforms that allow participants to buy and sell shares representing the likelihood of future events, such as election outcomes, sports results, or economic indicators. Prices of these shares reflect the collective probability assigned by the market to each outcome. By operating on decentralized networks, crypto prediction markets use smart contracts to ensure transparency, minimize the need for intermediaries, and enable global, permissionless participation.
CME Group Steps Into the Event Prediction Market With FanDuel’s New Platform
The Chicago Mercantile Exchange (CME Group) is preparing to enter the fast-growing market for event prediction contracts. In partnership with FanDuel, the companies will launch a new application — FanDuel Predicts — in...
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