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Blockchain Prediction Protocol Myriad Hits 5.4M Forecasts and 511K Users

Myriad, a blockchain-based prediction protocol, announced it has surpassed $10 million in USDC trading volume since launching in March

The idea is that while a prediction market does incentivize feeding accurate information into the system, the existence of the market also gives rise to parallel external incentives. As Nazi Nick Szabo glibly puts it,

A sufficiently large market predicting an individual's death is also, necessarily, an assassination market...