Vitalik published an article discussing prediction markets: Information finance brings us closer to the truth.

Odaily Planet Daily News: Vitalik has released a new article titled "From Prediction Markets to Information Finance," stating that he has been a close supporter and follower of Polymarket this year, considering prediction markets as one of the most exciting Ethereum applications.

Vitalik believes that Polymarket has a dual nature; on one hand, it serves as a betting platform for participants, while on the other hand, it acts as a news platform for everyone else. As the election results gradually unfold, despite many experts and news sources enticing audiences with favorable news for Harris, Polymarket directly reveals the truth that Trump's probability of winning has reached 95%. The real money invested by users allows the market to recognize what the truth is closer to.

Additionally, prediction markets can use finance as a way to coordinate incentives to provide valuable information to audiences. Information finance addresses the trust issues that people actually face. A common concern in this era is the lack of knowledge and uncertainty about whom to trust in political, scientific, and business contexts. Information finance applications can help to be part of the solution. He anticipates that a technology that will drive the development of information finance in the next decade is artificial intelligence.

Vitalik Discusses Prediction Markets and Information Finance

Vitalik Discusses Prediction Markets and Information Finance