Library/The Definitive Guide to Prediction Markets
FundamentalsExplainer

The Definitive Guide to Prediction Markets

Four Pillars·January 15, 2025·Company Blog
prediction markets beat polls because they force participants to put money on the line

Why It's Worth Reading

Comprehensive 57-page guide covering prediction market fundamentals, tech stack (blockchain, collateral, market engines, oracles), current state (Polymarket vs Kalshi regulatory and product divergence), emerging builders across market engines and consumer apps, and open questions including oracle collusion, long-dated capital costs, and leverage.

Some technical background helpful

Concepts

Platforms mentioned: Polymarket, Kalshi

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