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Blog iconMike Rychko
Feb 4

Beyond Elections: The Evolution and Future of Prediction Markets

IntroPrediction markets allow participants to bet on the outcomes of various events. In 2014, Truthcoin (later renamed to Hivemind) developed a first crypto-oriented prediction market on the Bitcoin network, where BTC holders could use their coins to vote on outcomes of events, with rewards or penalties based on the majority decision. Despite many new features and solutions introduced in this space over time, prediction markets still struggle with widespread adoption. Let’s dig deeper.Players...

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