prediction market
Concept
exchange where participants trade contracts based on the outcome of real-world events, with prices reflecting implied probabilities
Mentioned in 2 videos
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Videos Mentioning prediction market
Vitalik Buterin: Ethereum 2.0 | Lex Fridman Podcast #188
Lex Fridman
A market where people can bet on the outcome of future events, mentioned as a use case for oracles in smart contracts.
AI & Logical Induction - Computerphile
Computerphile
A financial market where participants trade contracts whose payoffs depend on future events, used as the basis for the logical induction algorithm.