People can gamble on almost anything; elections, sports, the Olympics. But bets in the immediate future will be made on the blockchain, with terms and markets defined by users.
Gnosis, a new Ethereum-powered platform, aims to bring prediction markets to the masses and allow anyone to create a market. Matthew Liston, Strategist at Gnosis, recently delivered a presentation outlining the platform, its aims, and applications.
Described as a ‘decentralized, prediction market’, Gnosis is based on the Ethereum blockchain. A prediction market allows anyone, anywhere to buy and sell shares in an outcome of any event. Such a decentralized platform should encourage those with unique and valid information or insights to come forward to the market and ‘price in’ their information...
Read more here:
https://btcmanager.com/news/business/gn ... -futarchy/
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