Prediction Markets in a Nutshell (Augur / Gnosis)

in #cryptocurrency8 years ago

Power to the People! Sourcing Knowledge from the Crowd! Ever Wondered what's the fuss with prediction markets? Whilst Prediction markets can be easily explained with a betting example, they go way beyond simple gambling.

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Nice video! One thing i just thought about is also how the prediction is formulated, I'm guessing there will be ways to formulated it to gain an advantage or disadvantage for each side. Haven't looked in to it closely yet but will do that in the future. @boxmining keep up the great work

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I opened a beta account with auger and am trying to figure out how it works...kind of confusing...

It's pretty exciting to think about the combination of automated prediction markets + AI.