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World Cup Fever Fuels $5.6B Explosion in Prediction Markets / DAOs where everyone votes on everything have historically been inefficient at best and straight up

A fast-moving Web3 discussion is forming around World Cup Fever Fuels $5.6B Explosion in Prediction Markets / DAOs where everyone votes on everything have historically been inefficient at best and straight up.

Heat
70
Confidence
70%
Evidence
8
Updated

Why It Happened

Multiple social or news items are discussing the same topic in a short time window.

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Parent event 01

Listen up, you beautiful chaos agents. The World Cup is no longer just happening on the pitch. …

Listen up, you beautiful chaos agents. The World Cup is no longer just happening on the pitch. It is now happening in the markets. @PredictFDN has just activated Phase 2, and the simulation is glitching in the most profitable way possible. While the entire pl…

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Parent event 02

The World Cup sends prediction market volumes soaring to record highs - Trading volumes on Kals…

The World Cup sends prediction market volumes soaring to record highs - Trading volumes on Kalshi and Polymarket both hit record highs in June. Rothera, a new prediction market platform, was also able to manage $2 billion in volume. Via @CNBC: https://t.co/9H…

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Article
Parent event 03

World Cup Fever Fuels $5.6B Explosion in Prediction Markets

The FIFA World Cup’s round of 16 matches are set to kick off on July 4, and football, or soccer as it’s known in the United States, has become the biggest driver of activity on prediction platforms, diverting attention from the political and macro…

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