Rachel Wolf sat down with Roy Shaham, CEO of Rain Protocol, to discuss where prediction markets are headed.
Key points from the conversation:
• Rain Protocol is building infrastructure for decentralized prediction markets
• Shaham sees prediction markets moving beyond simple yes/no bets into more complex financial instruments
• The tech enables anyone to create markets around real-world events without intermediaries
• Main challenge: getting enough liquidity and participants to make markets accurate
• Regulatory uncertainty remains a hurdle, especially around real-money prediction markets in the U.S.
Shaham argues prediction markets could become a major source of crowdsourced forecasting, competing with traditional polling and expert analysis.
Key points from the conversation:
• Rain Protocol is building infrastructure for decentralized prediction markets
• Shaham sees prediction markets moving beyond simple yes/no bets into more complex financial instruments
• The tech enables anyone to create markets around real-world events without intermediaries
• Main challenge: getting enough liquidity and participants to make markets accurate
• Regulatory uncertainty remains a hurdle, especially around real-money prediction markets in the U.S.
Shaham argues prediction markets could become a major source of crowdsourced forecasting, competing with traditional polling and expert analysis.