The Wisdom of Crowds - Prediction Markets & Collective Intelligence

Web3 Unleashed

The Wisdom of Crowds - Prediction Markets & Collective Intelligence In this episode, we’ll explore the fundamentals of prediction markets and some innovative examples of how they can be applied to enhance decision-making and forecasting accuracy based on the aggregated knowledge of participants. Prediction markets are platforms that allow groups to trade predictions on future events, harnessing the wisdom of the crowd to generate probability estimates. They hold potential to improve forecasting across business, politics, technology, entertainment and more by leveraging collective intelligence.

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