It is by us though. All bets are convertible to charity donations and a lot of effective organisations are on there. So for many EAs it’s effectively just cash.
Honest question: could betting on FTT have been modeled as a prediction market on FTX? (vaguely similar to stock, even with important differences)
I see many crypto tokens as bets on the value of X, and they have been very highly manipulated for the past ~8 years (at least), why would USD prediction markets be different?
It is by us though. All bets are convertible to charity donations and a lot of effective organisations are on there. So for many EAs it’s effectively just cash.
Golly, I didn’t even realize that.
Honest question: could betting on FTT have been modeled as a prediction market on FTX? (vaguely similar to stock, even with important differences)
I see many crypto tokens as bets on the value of X, and they have been very highly manipulated for the past ~8 years (at least), why would USD prediction markets be different?
Yes, I think so. And in that sense we were racing against a huge prediction market.