Gnosis Insurance Talk - Githubissues

Whisker17 / Reading_Note

This repo contains some reading note about Blockchain

2 stars 0 forks source link

Gnosis Insurance Talk #63

Open Whisker17 opened 2 years ago

Whisker17 commented 2 years ago

[ ] Video
[ ] Talk

Whisker17 commented 2 years ago

Introduction of prediction markets

Prediction markets make the outcomes of future events tradable.
Prediction markets require:
- Events to be unambiguous and publicly known
- Outcomes to include all the possibilities resolutions
- Outcomes to be publicly verifiable
- Currency to be used for monetization
Categorical events are when the winning outcome is just one out of many possibilities.
Scalar events are when the winning outcome is in a predefined range.