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Prediction Markets Meet the World Cup — Myriad Partners with Chainlink to Bring FIFA Betting On-Chain

(114 days ago) · 1 source · Summarized by CryptoBipto

Myriad, a prediction market platform, has partnered with Chainlink to power its FIFA World Cup prediction markets. The integration will leverage Chainlink's oracle infrastructure to deliver reliable, real-time match data on-chain, enabling users to place predictions on World Cup outcomes with trustworthy data feeds.

WHY IT MATTERS

Think of prediction markets like placing a bet on who will win a game — except instead of going through a traditional bookmaker, everything happens on a blockchain where the rules are transparent and enforced by code. The tricky part is getting accurate game results onto the blockchain, since blockchains can't naturally 'see' what's happening in the real world. That's where Chainlink comes in — it acts like a trusted messenger that delivers real-world information (like match scores) to the blockchain. This partnership matters because it shows how crypto technology is being used to create fairer, more transparent alternatives to traditional betting, tied to one of the biggest sporting events on the planet.

This partnership highlights the growing intersection of sports and decentralized prediction markets. By tapping Chainlink's oracle network — widely regarded as the industry standard for bringing off-chain data on-chain — Myriad is positioning itself to offer a credible, tamper-resistant prediction market experience for one of the world's most-watched sporting events.

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