Crypto prediction markets are decentralized platforms where users can bet on the outcomes of future events using cryptocurrencies. These markets leverage crowd intelligence and have evolved significantly, from early platforms like Augur to modern ones such as Polymarket and Kalshi. This evolution has been powered by blockchain technology, oracles, and the concept of futarchy, offering traders a transparent and efficient way to predict and trade on real-world outcomes.

Read: Polymarket vs. Kalshi: Crypto vs. Regulated Prediction Markets