A prediction market is a speculative marketplace where participants buy and sell contracts that represent predictions about future events or outcomes. The prices of these contracts fluctuate based on the collective wisdom and insights of the participants, reflecting the perceived likelihood of different scenarios or outcomes.

Bet on the future 🎯📈 Crowdsourcing wisdom to forecast what’s coming.

For more mental models, please visit www.mentalmodelsdaily.com

Get the full list at https://tinyurl.com/mentalmodelsdaily

Follow us:

X: @mindmodelsdaily https://x.com/mindmodelsdaily

Instagram: @mentalmodelsdaily https://www.instagram.com/mentalmodelsdaily/

Youtube: https://www.youtube.com/@MentalModelsDaily/podcasts

Spotify: https://open.spotify.com/show/1f0qi12saeBEJmtnjOSszg

Amazon Music: https://music.amazon.co.uk/podcasts/6da552cf-1714-45ce-b302-7c6c69386fc3/mental-models-daily

Apple Podcasts: https://podcasts.apple.com/gb/podcast/mental-models-daily/id1754257683

Castbox: https://castbox.fm/channel/Mental-Models-Daily-id6203840?country=us

iHeartRadio: https://www.iheart.com/podcast/269-mental-models-daily-189536773/

Our Podcast music was provided by The Podcast Host and Alitu: The Podcast Maker app.