Decentralized prediction markets saw significant growth in Q3, driven by US elections

From CoinTelegraph

October 14, 2024 6:18:32 AM:

Elon Musk believes decentralized prediction markets could provide more accurate US election predictions than traditional polls. Decentralized systems may offer a more reliable forecast based on aggregated data. This alternative method could potentially improve prediction accuracy and reduce bias. Musk’s endorsement of decentralized prediction markets highlights the potential for innovation in forecasting election results.

Read more at CoinTelegraph: Prediction markets rise 565% in Q3, fueled by US elections