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Prediction markets predict event outcomes through financial incentives, reflecting the public's views on probabilities. Platforms such as Polymarket, SX Bet, Pred X, and Azuro each have their unique features, offering different forms of betting and user experiences. Despite their clear advantages, they each still have shortcomings in market mechanisms and trading flexibility. The popularity of prediction markets reveals the rise of encryption culture and free market culture.

Prediction Market: An Integrated Platform for Collective Wisdom A prediction market is an open trading platform that uses financial incentives to predict specific outcomes. These markets allow people to place bets on the outcomes of various events, and the market prices reflect the overall judgment of the public regarding the probability of the events occurring. The typical trading range for prediction market contracts is between 0% and 100%, with the most common being binary options markets, where the price at expiration is either 0% or 100%. Users can sell options at market prices to exit before the event results are revealed. Through prediction markets, we can extract the public's expectations of the future outcomes of an event from the betting behavior of participants. Traders with differing views express their confidence in possible outcomes by buying and selling contracts, and the market price of the contracts is seen as a summary of collective judgment. The history of prediction markets is long, as ancient as human gambling activities. Since ancient times, prediction markets have been closely related to politics, for example,

Prediction markets utilize financial incentive mechanisms to reflect the collective judgment of the public on the outcomes of events. The article introduces several prediction market platforms, including Polymarket's decentralized model, SX Bet's traditional betting method, Pred X's AI-driven technology, and Azuro's liquidity pool protocol, emphasizing their unique value in information gathering and encryption culture.

Prediction market: Collective intelligence under financial incentive mechanisms A prediction market is an open trading platform that predicts the outcomes of specific events through financial incentive mechanisms. These markets allow participants to bet on the possible outcomes of various events. Market prices often reflect the collective judgment of the public regarding the probability of an event occurring. The typical price range for prediction market contracts is between 0% and 100%. The most common form is the binary options market, where the price is either 0% or 100% at expiration. Users can also sell options at market price to exit before the event outcome is revealed. Through prediction markets, we can extract the public's expectations for the future outcome of an event from the betting behavior of participants. Traders with different views express their confidence in potential outcomes by buying and selling contracts, and the market prices of these contracts are seen as the aggregated group prediction. Prediction markets have a long history, almost as long as the history of gambling among humans. It will

Prediction Market: A Collective Intelligence Experiment in the Encryption World A prediction market is an open market that predicts specific outcomes through financial incentive mechanisms. These markets allow bets on the outcomes of various events, and the market prices can reflect the public's perception of the probability of the events occurring. The typical trading range for prediction market contracts is between 0% and 100%. The most common form is the binary options market, where the price at expiration is either 0% or 100%. Users can also sell options at market price to exit before the event occurs. Through prediction markets, we can extract the public's future expectations from the value judgments of the betting community regarding a certain event. Traders with different opinions reflect their confidence in potential outcomes through trading contracts, and the market prices of these contracts are seen as aggregated beliefs. The history of prediction markets is long, almost as long as the history of human gambling. The combination of politics and prediction markets seems to have a long-standing history: in the middle