Why Decentralized Prediction Markets Matter (and Why They’re Messy)
Whoa, this space moves fast. I’ve been watching prediction markets for years now, and noticing patterns. Some of them feel like bets, others feel like information signals. Initially I thought markets would quickly fold to simple odds, but then I realized that liquidity dynamics, incentives, and social narratives conspire to create persistent, often counterintuitive equilibria … Read more