Matches my own thoughts for prediction markets very well. Here is one additional idea:
The platform provides needs to make real money somehow. Let people pay for exclusive preview! The general public only gets a market price with a delay (10 minutes, 1 hour, or 1 day?) and only the one who payed real money sees the real time price. One could build an auction around this for some dynamics.
Interesting thought. There is a lot that could be said about the right way to incentivize the creation of information through prediction markets and then productize that, and I have a very early-stage post on that. Finishing that will probably have to wait until after the post on the frontend, though.
Matches my own thoughts for prediction markets very well. Here is one additional idea:
The platform provides needs to make real money somehow. Let people pay for exclusive preview! The general public only gets a market price with a delay (10 minutes, 1 hour, or 1 day?) and only the one who payed real money sees the real time price. One could build an auction around this for some dynamics.
Interesting thought. There is a lot that could be said about the right way to incentivize the creation of information through prediction markets and then productize that, and I have a very early-stage post on that. Finishing that will probably have to wait until after the post on the frontend, though.