Sweepstakes Casino MyPrize Takes a Punt on Prediction Markets With Crypto.com
Social gaming app MyPrize is taking a punt on prediction markets, signing a distribution deal with crypto exchange Crypto.com’s North American affiliate.
MyPrize will now list event contracts from Crypto.com for “sports, politics, cryptocurrency, and more” on its app, which the company claims has more than 1 million global users. It joins a growing list of distributors for Crypto.com prediction markets, including Hollywood.com, daily fantasy sports app Underdog, and President Donald Trump’s media company Trump Media.
The announcement from MyPrize didn’t specify how the two companies will share revenue, but event contract distribution deals typically involve the prediction-market company giving the distributor a cut…
