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Meta Tests Prediction Market App Using Points Instead of Real Money
(2 hours ago) · 1 source · Summarized by CryptoBipto
Meta is reportedly testing a prediction market application that uses virtual 'cred' points rather than cash, according to The Wall Street Journal. The app would allow users to make predictions on various outcomes without wagering real money. The move signals Meta's interest in the prediction market space, which has grown significantly in the crypto industry.
WHY IT MATTERS
A prediction market is like a betting platform where people wager on whether something will happen — for example, 'Will it rain tomorrow?'
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SOURCES
- theblock.co
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Prediction MarketsMetaMainstream AdoptionBig Tech