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Innovation or Illegal Insider Trading?
Ari Bets@ari-bets · video 93 of 97
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Description
Is this one of the most brilliant applications of prediction markets yet, or the most controversial startup in New York? In this video, we break down NYC startup—a controversial platform taking the mechanics of prediction markets and applying them directly to live livestreams. Instead of betting on political elections or sports games, users are placing real-time bets on everyday micro-events during livestreams. With a reported $1M raised at a $10M valuation and $10M in trading volume in its first 45 days, demand for real-life prediction markets is clearly massive. Real-Life Insider Trading The Feedback Loop Regulatory Danger
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