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Will Prediction Markets Survive? | Kyle & Nigel


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Gm! In this episode, Kyle, the CEO of Hedgehog Markets, and Nigel, the CEO of BetHog, joined us to discuss a burning question: will prediction markets survive? We covered the UI improvements prediction markets have made, how these markets are useful for surveying public opinion, and solutions for resolving gray area outcomes. Additionally, we talked about Hedgehog Markets usage of Blinks for prediction markets. Finally, Kyle told us what success looks like for Hedgehog Markets. Enjoy!


Resources

Nigel’s Post on Prediction Markets: https://x.com/nigeleccles/status/1828133312306552854

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Follow Kyle: https://x.com/kdipep

Follow Nigel: https://x.com/nigeleccles

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(00:00) Introduction

(03:17) Prediction Markets vs Betting Platforms

(08:28) Will Prediction Markets Survive After the US Election?

(20:06) Improving the UI of Prediction Markets

(24:08) Surveying Public Opinion With Prediction Markets

(26:53) Resolving Gray Area Outcomes

(34:10) Access Protocol Ad

(34:52) MyPrize Ad

(35:24) Using Blinks For Prediction Markets

(38:34) Benefits of Betting and Prediction Markets Onchain

(50:52) Why Do Sportsbooks Ban Sharp Users?

(56:29) Futarchy: A New Form of Governance

(1:08:14) What Does Success Look Like For Hedgehog?

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Disclaimers:


Lightspeed was kickstarted by a grant from the Solana Foundation.


Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Jack, and our guests may hold positions in the companies, funds, or projects discussed.


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