Prediction markets are becoming a new mechanism for information pricing.
As the world's third-largest prediction market, Opinion has accumulated a nominal trading volume of 13 billion USD since its launch. Currently, its open interest (OI) reaches 130 million USD, attracting 150,000 wallets to participate. What do these numbers reflect? More and more people are realizing that in this era of information explosion, we need a new verification system.
Every day, overwhelming amounts of information and increasingly intense clashes of viewpoints occur, but truly scrutinizable and long-term trustworthy judgments are scarce. Traffic determines what can be seen, algorithms decide the fate of information, and whether a viewpoint is correct becomes a secondary issue.
Prediction markets have changed these rules of the game. Here, you cannot attract attention with sensational headlines because ultimately, your claims will be tested by market prices. Insightful judgments are validated by market participants through financial votes, while false signals are gradually priced out. In a sense, prediction markets are creating a new "information currency"—a quantifiable information asset endorsed by market consensus.
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FunGibleTom
· 01-13 19:58
Whoa, $13 billion in trading volume... this is the real information pricing, much more reliable than those marketing accounts.
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Voting with real money and silver is the most honest; false signals simply can't survive a round.
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Interesting, finally there's a mechanism to sanction those Mimon-style hype and promotion.
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So, can Opinion really become the infrastructure for information copyright? But I still have my doubts... manipulation by big players?
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150,000 wallets participating... hmm, that number doesn't seem high, still some way to go for widespread adoption.
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Algorithms have killed the truth. Now, predicting markets is the savior? Not necessarily, it's still a human issue.
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Is it always correct to vote with funds? I've made quite a few wrong bets, haha.
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I love the concept of information currency; finally quantifying the value of information.
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SelfCustodyBro
· 01-13 18:36
Wow, someone finally explained this clearly. Using money to vote is indeed much more reliable than likes and shares.
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TokenRationEater
· 01-13 06:14
Finally, someone has explained this thoroughly: in the era of traffic, information is garbage, and you still have to speak with money.
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AirdropATM
· 01-13 06:14
Money really talks. Using money vote to filter out spam information, this logic makes sense.
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CryptoNomics
· 01-13 06:08
actually, if you run a basic correlation matrix on prediction market accuracy vs. traditional media forecasting, the statistical significance evaporates pretty quickly. but sure, let's pretend $1.3B OI means we've solved information asymmetry lmao
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SchroedingerAirdrop
· 01-13 05:47
That's correct, but I'm more concerned about how much of the 130 million OI is truly real money versus follow-the-crowd retail investors...
Prediction markets are becoming a new mechanism for information pricing.
As the world's third-largest prediction market, Opinion has accumulated a nominal trading volume of 13 billion USD since its launch. Currently, its open interest (OI) reaches 130 million USD, attracting 150,000 wallets to participate. What do these numbers reflect? More and more people are realizing that in this era of information explosion, we need a new verification system.
Every day, overwhelming amounts of information and increasingly intense clashes of viewpoints occur, but truly scrutinizable and long-term trustworthy judgments are scarce. Traffic determines what can be seen, algorithms decide the fate of information, and whether a viewpoint is correct becomes a secondary issue.
Prediction markets have changed these rules of the game. Here, you cannot attract attention with sensational headlines because ultimately, your claims will be tested by market prices. Insightful judgments are validated by market participants through financial votes, while false signals are gradually priced out. In a sense, prediction markets are creating a new "information currency"—a quantifiable information asset endorsed by market consensus.