“prediction markets are evolving far beyond simple yes-or-no bets”
Comprehensive taxonomy of 14 prediction market mechanism types beyond standard binary markets. Covers bonding curve markets, opinion markets (beauty contests), opportunity markets (private prices), hyperstition markets (self-fulfilling coordination), futarchy (MetaDAO), perpetual markets, quantum markets (capital-efficient parallel conditionals), and no-loss PMs. Each design optimizes for different goals: accuracy, speed, coordination, or outcome manifestation.
Some technical background helpful
Platforms mentioned: Polymarket, Kalshi, Trendle