December 30, 2024

Truemarkets: The Decentralized Prediction Markets Platform Vitalik Just Backed

1 hour 20 minutes

MilliΞ is the CoFounder of Truemarkets.

In this episode, we explore why decentralized prediction markets are still in the early innings of development and how they will redefine forecasting global events and uncovering truth. We also learn how Truemarkets is addressing key challenges in dispute resolution, integrating AI for permissionless market creation, and implementing a token to accelerate early community involvement in the success of their platform.

NOTE: We recorded this episode just before the US election results in November 2024, but the conversation is still just as relevant post-election. If you hear any comments related to the election, we were still uncertain who would win and whether Polymarket's results would prove to be a leading indicator for voter sentiment in the election.

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Timestamps

0:00 - Intro

4:37 - MilliΞ’s background

10:55 - MilliΞ’s conviction for holding ETH

22:40 - What is a prediction market?

29:16 - Mantle mid-roll

29:57 - What will draw new users to PMs in between US elections?

38:02 - What is Truemarkets?

45:19 - Moonwell mid-roll

45:51 - How Truemarkets will approach dispute resolution

53:21 - Permissionless creation of prediction markets

1:03:42 - Roadmap, Patron NFTs, and future TRUE token

1:14:54 - Editor’s note on Patron NFT mint details + secondary market

1:17:26 - Closing

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🔗 Guest Links 🔗

► Truemarkets Website: https://truemarkets.org/

► Truemarkets on X/Twitter: https://x.com/truemarketsorg

► MilliΞ on X/Twitter: https://x.com/llamaonthebrink

► Truemarkets Patron NFT page and links to secondary markets: https://truemarkets.org/patron-nft

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If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/

All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. DeFi Dad did not participate in the Patron NFT mint but did buy Patron NFTs on the secondary market between when we recorded this podcast and published it. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

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