A closer look
Why invest in the sluggish S&P 500 when you can literally bet your life savings on the outcome of a foreign election or a celebrity trial? Prediction markets utilize decentralized blockchain liquidity to crowd-source the probability of future events. Unlike traditional stock markets, which react to news, prediction markets attempt to front-run reality by forcing participants to put money behind their opinions. It turns out that when thousands of highly incentivized, cynical speculators wager real capital, their collective hive-mind is often vastly more accurate than traditional polling.
