Ondo Finance is deploying its tokenized U.S. Treasury fund, OUSG, on the XRP Ledger (XRPL) within six months, expanding institutional access to tokenized real-world assets. 

Daily Top Performer — Movement Labs (MOVE)

The S&P 500 rose 0.92%, rebounding ahead of the Fed’s rate decision. Gold climbed 0.8% to $2,762.02 as tariff uncertainties boosted safe-haven demand. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.32%, with Bitcoin and Ether dropping by 0.20% and 3.40%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is MOVE, which surged nearly 17.7% following the launch of Movement Network's Developer Mainnet, paving the way for the Public Beta.

Movement Labs (MOVE), founded in 2023, is a modular blockchain network powered by the Move language, aiming to enhance security, performance, and UX in decentralized networks. Its key products include Movement SDK, the M1 Layer 1 network, and M2, an Ethereum Layer 2 rollup. 

, allowing select developers to deploy apps and access new infrastructure. This phase builds on the Mainnet Beta and will run until mid-February. The next phase, Public Mainnet Beta, will introduce full permissionless app deployment and user onboarding. Movement Network is built for modularity, leveraging Celestia.

Check Out the Latest Prices, Charts, and Data of 

 its tokenized U.S. Treasury fund, OUSG, on the XRP Ledger (XRPL) within six months, expanding institutional access to tokenized real-world assets. Backed by BlackRock’s BUIDL fund, OUSG offers 24/7 minting and redemption via Ripple’s RLUSD stablecoin, enhancing liquidity and financial flexibility. The integration leverages XRPL’s institutional-grade infrastructure, compliance tools, and deep financial relationships to bridge DeFi and traditional finance, positioning XRPL as a key hub for tokenized assets.

BTC Spot ETFs saw a net outflow of $11.7 million, with no change in GBTC and all outflows from non-GBTC funds.

" quest is now live on Galxe, offering tasks to earn points that may be useful for a future airdrop. Participants can complete onchain transactions, explore dApps, join social activities, and more. Week 1 is already underway!

Beginner

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Ondo Finance Brings Tokenized U.S. Treasuries to XRP Ledger for Institutional DeFi

Altura (ALU) is a web3 gaming platform revolutionizing gaming with smart NFTs, AI-powered tools, and seamless blockchain integration for developers and gamers alike.

Over the years, the multibillion dollar gaming industry has undergone a significant shift with the emergence of 

 continues to revolutionize the way players interact with games.

Initially focused on integrating play-to-earn models and digital ownership, web3 

 projects have evolved into vibrant ecosystems powered by blockchain-based assets, such as 

 (NFTs), enabling true ownership and interoperability of in-game items.

With the onset of artificial intelligence (AI), we continue to witness the unlimited potential of technology in the gaming world. AI integration unlocks endless possibilities for the niche by bringing intelligence and adaptability.

 project that aims to elevate player experience by combining the power of NFTs with AI features to revolutionize how games are developed, played and monetized.

Let's learn more about how Altura is helping fuse the power of blockchain and AI technologies to unlock new possibilities in web3 gaming.

Altura is an all-in-one web3 gaming platform designed to leverage blockchain technology and AI to provide developers with everything they need to seamlessly create an interactive and engaging gameplay experience for their players.

Altura's robust SDK and API simplify the addition of web3 functionality to games, enabling seamless interaction with digital assets. Developers can launch custom marketplaces for their games without needing to write a single line of code, reducing complexity and the time required for development.

Among Altura's most outstanding features are its smart NFTs. Unlike traditional NFTs, which are static and non-transferable, smart NFTs are dynamic in-game assets that can evolve to level up with changing gaming conditions.

Furthermore, Altura guard provides developers with a secure and flexible way to authenticate users on their gaming apps while safeguarding their wallet keys. 

In early December 2024, Altura also unveiled an Intelligence feature that empowers developers with AI tools to create high-quality AI-powered games without hassle.

Altura operates across over 17 blockchain networks, including BNB Smart Chain, 

, making it a flexible and inclusive platform. When minting NFTs, you can easily switch between blockchains, using a drop-down menu on the site’s navigation bar. Gas fees for such transactions are paid in the native token of the network being used.

Altura enables developers to quickly build web3 games via its developer-friendly SDKs (software development kits) and APIs (application programming interfaces). 

Built for flexibility, Altura's SDKs cater to various gaming development needs. Its Unity SDK is optimized for the Unity game engine, offering developers read-only access to metadata, items, tokens and more. Meanwhile, the JavaScript SDK is ideal for both front-end and back-end integration, as it supports NFT minting and transfers with minimal coding. Both SDKs save time and resources, encouraging more developers to adopt blockchain technology in their games.

Altura’s developer-friendly APIs are designed to complement the SDK by facilitating secure communication with Altura’s back-end systems. This capability provides endpoints for developers to create, read, update and delete NFTs.

Gamers can mint and import NFTs on the Altura Marketplace, which is separate from the developer website. All the NFTs created on Altura are based on the ERC-1155 multi-token standard, allowing creators to generate dynamic smart NFTs (more on that below).

You can choose to mint NFTs with an initial supply greater than zero and list them for sale, or mint them with zero supply for a low-cost and more flexible experience through a process called lazy minting. When you lazy mint an NFT, it’s created off-chain and only minted when it’s sold, so the buyer bears the gas fees instead of the seller. Additionally, lazy mint functionality allows for whitelisting and tiered buying of NFTs, as well as other features.

Once you’ve minted NFTs, you’ll need to link them to your gaming project through the platform’s developer dashboard.

On its mission to simplify and revolutionize web3 gaming development, Altura offers a host of features to developers, as follows.

Smart NFTs are an innovative feature on Altura that developers can incorporate into their gaming projects. Unlike traditional NFTs, which are static, smart NFTs evolve based on in-game events or external triggers.

This dynamic functionality allows developers to create engaging and personalized gaming experiences. For example, a weapon NFT in a game could upgrade its attributes after achieving milestones, or a character NFT might gain new abilities after completing quests.

Additionally, Altura has introduced a more transparent form of loot boxes, in which players get to own the randomized in-game assets they collect as NFTs. By incorporating such loot boxes, developers can boost player engagement, drive retention and create monetization opportunities, while maintaining transparency through blockchain technology.

Altura Marketplace is a centralized hub where you can buy, sell or trade NFTs. Via the Marketplace, players can purchase their favorite in-game items, while creators have a platform on which to showcase their projects.

The Altura Marketplace is powered by the Seaport contract created by 

, which makes it more secure and gas-efficient than other marketplaces.

Altura also provides developers with a fully customizable white-label marketplace for their projects, complete with a project’s brand design.

Altura Intelligence is an AI asset generation tool that empowers game developers to create high-quality, in-game content and effortlessly deliver dynamic gaming experiences.

The first phase of Altura Intelligence offers a non-player character (NPC) engine, powered by advanced AI models, that facilitates the creation of immersive NPC experiences customized to a developer's game's parameters. In the second phase, Altura Intelligence introduces a custom Unity and Unreal Engine AI model in order for developers to easily create hyperrealistic worlds, and the NPC engine is upgraded to allow in-game NPCs to be tailored according to the players' interactions with the NPCs.

 that can be used seamlessly across Xbox, PlayStation, PC and mobile. AI technology is used to create flexible security, and allows only direct gaming transactions to be made. The fourth and final phase introduces an 

 that can perform a range of tasks, such as buying and selling NFTs, executing buy and sell orders, and even making travel-related reservations, such as flight and hotel bookings.

Altura Guard II is a security feature that introduces the use of social login and wallet connection to facilitate seamless connection across all 

 blockchains for ease of gaming transactions. Its wallet-agnostic approach allows users to transact via any wallet or social login. With Altura Guard II, players can use a simple five-word combination to connect to gaming apps. The feature uses a noncustodial login system that integrates various tech stacks, such as OpenLogin, Web3Auth and OAuth, to authenticate logins using social media accounts.

Altura Guard II is an upgrade from Altura Guard (Legacy), which lets a user enter their wallet address into an application.

Altura’s developer wallet is an essential tool for game creators. It streamlines the process of interacting with Altura’s ecosystem, allowing developers to effortlessly manage gaming assets, including minting and transferring NFTs.

Its intuitive interface eliminates the complexity of blockchain management, enabling developers to focus on creating engaging gaming experiences.

ALU is the native utility token for the Altura ecosystem, with a total/max/circulating supply of 990 million. The token is designed to leverage blockchain technology for seamless transactions between developers and gamers.

As the native token for Altura, ALU is used as the primary currency for transacting with various features on the Altura platform. You can use ALU tokens for in-platform transactions, such as purchasing in-game assets on the Altura Marketplace or unlocking AI features like the Altura Intelligence tools.

You can buy Altura’s ALU token on Bybit’s spot trading platform as the 

 Perpetual contract, with leverage of up to 50x.

As of Jan 28, 2025, ALU is trading at $0.0975, with a market cap of $96.52 million and a 24-hour trading volume of $36.28 million. Its current price is an 79% drop from its all-time high (ATH) of $0.46 on Nov 3, 2021, and a 3,699% increase from its all-time low (ATL) of $0.0025 on Jul 19, 2021.

Price forecasting experts are pretty bullish on ALU’s price. Price prediction experts at CoinCodex believe that ALU 

 a maximum price of $0.123 in 2027, and gradually increase to $0.407 by 2030. Meanwhile, technical experts at DigitalCoinPrice believe that ALU's price 

While these prognostications may seem bullish, they aren't financial advice, and they do not guarantee the future price of ALU. We highly recommend that you 

By seamlessly combining blockchain technology with gaming ecosystems, Altura empowers developers to create dynamic and immersive gaming experiences whereby players truly own their in-game assets.

The Altura platform's focus on smart NFTs that adapt and evolve based on in-game events introduces unprecedented utility and flexibility, setting Altura apart in the competitive landscape of blockchain gaming.

Altura provides a compelling value proposition for gamers: real ownership of digital assets, interoperability across games and the ability to monetize achievements in a decentralized marketplace. Furthermore, Altura empowers developers with tools to simplify NFT integration, enabling the creation of complex, engaging and interconnected game economies without requiring extensive blockchain expertise. Its use of AI technology also allows developers to integrate AI features efficiently into games, thus creating even more dynamic gaming experiences for players.

As the gaming industry continues its transition toward web3, platforms like Altura play a pivotal role in defining the future of interactive entertainment. With its innovative approach and strong vision, Altura has the potential to revolutionize web3 games and NFTs for years to come.

Intermediate

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Altura (ALU): Unlocking NFT Potential in Web3 Games

Network3 uses a decentralized approach to meet the growing computational demands of AI, offering a secure and scalable solution for developers and users.

Data drives the digital age, with AI leading the charge. Generative AI models like GPT-3 have revolutionized industries, but come with steep computational demands and costs. Network3 was created to address these challenges by decentralizing AI’s computational needs.

This article introduces Network3 and its vision of creating an efficient, sustainable and distributed machine-learning ecosystem.

 is a decentralized protocol designed to enable secure, anonymous and reliable data transmission and computation, making it easier to train and run AI models efficiently. It combines advanced AI and 

 to address the growing computational needs of AI and blockchain applications, while also boosting scalability and security in 

Network3 was founded by Rock Zhang, a seasoned entrepreneur and technology visionary with deep expertise in internet and AI infrastructure. Having played key roles in building companies like Boostinsider, iHealth Labs and Qihoo 360, Zhang brings a wealth of experience to this ambitious project. Network3 is designed to be a dedicated 

 for artificial intelligence, empowering developers to train and optimize AI models efficiently on a decentralized network.

The idea for Network3 emerged from the urgent need for scalable and privacy-first AI solutions. Traditional cloud providers often come with limitations, such as high costs and 

, as well as privacy concerns. Network3 tackles these issues head-on by linking devices worldwide into a distributed system. This decentralized approach reduces dependence on centralized cloud platforms, making AI more accessible and resource-efficient.

Distributing AI tasks across multiple devices allows Network3 to lower latency and strengthen user privacy, addressing critical challenges in today’s AI landscape. The project’s bold vision has attracted significant support, with $5.5 million in funding from major investors like Borderless Capital and Bing Ventures.

Decentralized networks face a critical challenge: the lack of reliable and secure data transmission. This limitation affects the performance and trustworthiness of blockchain ecosystems, leading to unreliable transaction exchanges, vulnerabilities in communication and a subpar user experience. As web3 continues to expand, existing 

 (DApps), but they fall short in providing a scalable and secure protocol for data exchange.

Network3 tackles this issue by developing a decentralized data transmission protocol designed to enhance the scalability and security of Layer 1 blockchains. The protocol strengthens the reliability of blockchain ecosystems by creating a framework that ensures efficient and secure data exchange. 

Network3 integrates several advanced features, such as an anonymous certificateless signcryption (CLSC) algorithm, a data correctness verification mechanism and an IP anti-tracking measure. These innovations support smoother transactions, enhance user privacy and improve system scalability, contributing to a more robust web3 experience. Network3’s efforts bridge a critical gap, making decentralized systems more efficient, secure and prepared for the future.

Network3’s decentralized protocol is designed to provide secure, anonymous and reliable data transmission and computation. By leveraging a network of distributed 

, Network3 ensures data privacy and enhances computational efficiency, making it ideal for modern AI and blockchain applications.

At the heart of Network3 lies the CLSC algorithm, which enables both encryption and digital signatures without relying on traditional certificates. This innovative approach ensures secure data sharing while safeguarding user anonymity. Additionally, a specialized smart contract, SCKGC, manages the generation of public parameters and the distribution of partial private keys, creating a secure foundation for communication.

Network3 integrates advanced features to create a scalable, efficient platform that meets the growing needs of AI and blockchain technologies, while prioritizing the following security, privacy and user incentives:

Network3 has achieved remarkable milestones since its inception, solidifying its position in the decentralized computing and AI landscape:

Looking ahead, Network3 aims to achieve several objectives in the near future:

N3 is the native token of Network3. It powers the ecosystem by enabling seamless transactions and incentivizing active participation, and is used for paying transaction fees, rewarding node operators for their contributions and unlocking premium services within the network.

The tokenomics of N3 are designed to foster long-term growth and sustainability, with a total supply capped at 1 billion tokens. Distribution is structured as follows:

Looking to trade Network3 tokens? Bybit now offers the N3/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

N3 appears to be a promising investment opportunity, particularly for those interested in the growing intersection of decentralized computing and AI with blockchain technologies. The project has already secured significant funding from prominent investors, demonstrating confidence in its long-term potential. In addition, Network3’s innovative approach to decentralized data transmission and computation, combined with its robust security measures, positions it to address key challenges in the AI and web3 spaces. 

The platform's scalability, along with its incentivized node participation, makes it an attractive proposition for developers and users alike, ensuring the ecosystem's growth and sustainability.

However, as with any emerging project, N3 carries inherent risks, particularly in the 

. While the platform’s tokenomics and strong infrastructure provide a solid foundation, the success of the N3 token is closely tied to the adoption and real-world application of Network3’s technology. Thus, while N3 offers significant upside potential, prospective investors must carefully consider the risks involved.

Network3 is a decentralized platform built to tackle the increasing demands of AI and blockchain technology. By connecting devices worldwide, it offers a more secure, scalable and privacy-focused way to run AI applications. 

With a strong network of nodes and substantial investor backing, Network3 aims to revolutionize the way AI and blockchain work together. The N3 token fuels the ecosystem, rewarding participants and helping to grow the platform. While the project shows promise, it’s important to note the inherent risks of investing in the fast-changing web3 blockchain space.

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Network3 (N3): Fueling AI Innovation With Decentralized Power

Abstract, a consumer-centric blockchain leveraging ZKsync's zero-knowledge stack and Celestia's architecture, has officially launched its mainnet to drive mass adoption. 

Daily Top Performer — AI Rig Complex (ARC)

The S&P 500 declined by 1.46% yesterday due to rising AI competitions concerns from Chinese startup. Gold fell to $2742 as investors favoured fixed income and defensive equities instead of bullion following a recalibration of future returns for the heavyweight US tech output. Coindesk Indices, was down by 1.92%, with Bitcoin and Ether dropping by 0.72% and 2.06%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is ARC, which surged 30.6% following ARC’s recent 

AI Rig Complex (ARC), founded in 2024, is an advanced AI agent framework built with Rust, designed to enhance human-computer interactions by integrating large language models (LLMs) for intuitive, context-aware applications. With its modular and scalable architecture, ARC enables seamless development of next-generation AI workflows, such as retrieval-augmented generation (RAG) and multi-agent systems, while leveraging Rig Framework's high-performance API. Recently, ARC tokens have surged in market performance, and its cutting-edge platform positions it as a leader in AI and web3 innovation.

Abstract, a consumer-centric blockchain leveraging ZKsync's zero-knowledge stack and Celestia's architecture, has officially launched its 

 to drive mass adoption. The platform is designed to eliminate barriers and simplify onboarding for users transitioning to Web3. With The Portal, a "digital theme park of fun," Abstract provides a seamless entry into the Web3 ecosystem, enabling users to access multiple decentralized applications and projects with just their email address. By integrating ZKsync and Celestia, the network enhances security, speeds up transactions, and brings Web2-level ease of use to blockchain technology.

Yesterday, BTC Spot ETFs experienced total outflows of $164.3 million, comprising $108.5 million from GBTC and $55.8 million from non-GBTC funds.

As Abstract doesn’t yet have its own token, users who interact with its 

 may qualify for a potential airdrop if a token is launched. Stay updated on potential airdrops and developments by following their social channels and newsletter.

Abstract Launches Mainnet to Simplify Web3 Adoption with ZKsync and Celestia Integration

Bybit Learn

Crypto

Prediction markets are decentralized platforms for betting on future events with blockchain-powered transparency, accessibility, and secure payouts.

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As their name implies, crypto prediction markets allow you to make money by betting on future outcomes of various crypto events. In general, prediction markets are divided into two types: sports and non-sports (crypto falls into the category of non-sports-related prediction markets).

Unlike traditional prediction markets, crypto prediction markets leverage 

, so they’re decentralized, globally accessible and highly transparent, especially in terms of price discovery. While traditional prediction markets carry most of the volume in this niche, there’s a growing demand for crypto prediction markets as crypto’s market cap continues to grow rapidly.

Let's dig deeper into crypto prediction markets and learn how you can capitalize on them to make extra money.

Prediction markets are platforms that allow you to trade contracts based on the outcome of future events. They’re fueled by the probability of an event occurring. When a bet favors the participant, they’re rewarded for their correct prediction.

Prediction markets offer an exciting interplay of finance, human psychology and the theory of probability that can lead to lucrative gains.

These markets can be centralized or decentralized. The centralized ones (e.g., Betfair and PredictIt) are operated by a single entity, so you’re required to trust them with the payouts and fairness of the outcome. Their decentralized counterparts — crypto prediction markets — are powered by blockchain technology, which eliminates third parties, thereby ensuring transparency and fairness.

The key features of prediction markets are price probability, aggregated wisdom and incentives that are given to participants as motivation for placing bets on outcomes of events. Some of the events supported by prediction markets include outcomes in sports (game winners), politics (election results), finance (stock prices) and weather (temperatures).

Centralized vs. Decentralized Prediction Markets

Prediction markets are broadly divided into centralized or decentralized markets, each with unique benefits and challenges. The centralized types are governed by a single company that manages various aspects of the prediction process. However, decentralized prediction markets rely on 

The key advantages of centralized markets are ease of use, better liquidity and quick dispute resolution. However, these centralized platforms also face challenges, such as government censorship, intermediary fees that eat into the payouts and the possibility of a single point of failure — especially in the event of a hack or technical outage.

On the other hand, decentralized prediction markets, such as Augur and Polymarket, have certain distinct benefits, such as censorship resistance, immutability, global access and lack of intermediaries. However, they also face challenges in the form of regulatory compliance, complexity of use and illiquidity due to low participation.

Crypto prediction markets are decentralized platforms for the forecasting of outcomes. They enable their participants to use cryptocurrencies in order to bet on the outcomes of future events. These markets are similar to 

 markets, in which investors bet on the prices of assets based on the outcome of future events.

Central to crypto prediction markets is the use of blockchain technology, which ensures transparency, fairness and security. As such, they have three key components:

Crypto prediction markets employ a systematic interplay of market creation, trading, resolution and payouts. They’re banking on market sentiment to fuel the probability of an event taking place, which may favor or discredit the bet placed by a participant.

The first step in this process is creating a prediction market based on various parameters, which may include event description, possible outcomes (e.g., yes/no), expiration date and resolution source. Any user can create a prediction market based on a given event.

Once the market has been created, trading begins. Participants can buy and sell tokens representing the likelihood of an event occurring. For example, a token may initially trade at $0.50 for “Yes,” representing a 50% chance of the event occurring. If more people buy “Yes,” the token’s price can rise to $0.70, in this case representing a 70% probability that the event will take place.

After the trading is done, market resolution occurs based on the outcome. At this point, oracles issue the result on the blockchain. Smart contracts proceed to issue payouts based on the winning outcome. The tokens with the winning outcome can be redeemed for full value, while those that lost the prediction become worthless.

Crypto prediction markets are governed by different market mechanisms that dictate their payout structures. Two commonly used prediction market mechanisms in the crypto space are the fixed payout and the pari-mutuel payout.

The fixed payout mechanism ensures a predefined payout for the winning outcome. Participants trade outcome tokens, and the market price reflects the probability of the event as estimated by traders. Traders buy or sell tokens that represent specific outcomes (e.g., "Yes" or "No").

Each token is priced between 0 and 1 (or $0 and $1), where the price reflects the perceived probability of the outcome. For example, if "Yes" tokens trade at $0.70, the market implies a 70% chance of that outcome.

At the event's conclusion, tokens for the correct outcome are redeemed for a fixed amount (e.g., $1 per token), while tokens for the incorrect outcome become worthless.

The advantage of this mechanism is that the payment structure is simple and predictable. Another benefit is that there's continual price discovery, since prices adjust dynamically to reflect market sentiment.

However, the fixed payout mechanism requires high liquidity to reflect the accuracy of probabilities. It also relies heavily upon oracles, which necessitates a high level of trust and accuracy in order to resolve the outcomes.

In a pari-mutuel structure, payouts are determined by pooling all bets and redistributing the total amount to winners after the event. All bets for each possible outcome are pooled together.

After the event, the total pool (minus fees) is divided among those who predicted the correct outcome. Individual payouts are proportional to the amount wagered by each winner, as well as the pool size.

Some key advantages of this payout model are its dynamic payouts, efficient pricing and fair distribution of payouts. However, this structure isn’t beginner-friendly, due to its complexity and non-intuitive manner. Also, unlike the fixed payout, where rewards are predefined, the exact payout rewards are uncertain until after the event.

That said, the fixed payout mechanism is ideal for those looking for a simple and predictable way to enter prediction markets, while the pari-mutuel payout favors more advanced users, who appreciate dynamic odds and collective market intelligence.

The crypto space has seen an influx of crypto prediction markets as more people continue to venture into this niche. Some of the notable crypto prediction platforms are as follows.

Considered one of the largest prediction markets, 

 provides a user-friendly and robust environment for participants to bet on real-world events using 

. The platform offers a wide range of markets, including crypto, sports, politics, pop culture, business and Elon Musk's tweets. The platform is powered bythe 

 network, which ensures secure, fast and low-cost betting transactions. It also has an active community of users, thereby ensuring high liquidity on the platform. Its user interface is beginner-friendly and simple to use.

, Augur is one of the earliest decentralized crypto prediction markets in the space. Developed in 2014 by Forecast Foundation, and co-founded by Jack Peterson, Joey Krug and Jeremy Gardener, Augur has remained a top platform for wagering crypto-powered bets.

The native token for the Augur platform is REP, an 

 token used to power the platform’s betting ecosystem via staking it to participate in the platform's reporting process. Meanwhile, ETH or 

 prediction market designed to open the niche to everyone. It runs on three Ethereum-compatible blockchains: Polygon, 

. The quality of its markets is maintained by its native POLK token holders.

-based prediction market that offers its users a wide range of events to bet on. Since it's built on Solana, participants can enjoy secure, fast and low-cost transactions on a user-friendly platform. You need to connect a web3 wallet, such as 

, in order to use Hedgehog. It offers various types of prediction markets, such as, pooled markets, the Classic “Yes” or No” and parlays (in which you use parlay cards).

 (DEX) that launched BET (Bullish on Everything) crypto prediction markets in August 2024, ahead of the U.S. political elections in November 2024. The platform claims to be highly capital-efficient and is built on Solana. Its growing number of categories span crypto, culture and sports such as Formula 1

Since BET is built on top of the Drift protocol, market participants can also benefit from yield-generating activities as they place their bets. You can create “structured bets” on the platform by hedging against popular cryptocurrencies, such as Bitcoin.

To incentivize participation, BET has introduced a rewards system called FUEL. During promotional periods, users earn FUEL tokens for each trade, which can later be redeemed for prizes within the Drift and Solana ecosystems.

You can utilize over 30 cryptocurrencies supported by the platform, including USDC and SOL.

Crypto prediction markets represent a fascinating evolution in the way we gather, interpret and act on collective knowledge. By leveraging blockchain technology, these platforms offer unparalleled transparency, decentralization and accessibility, empowering users worldwide to forecast outcomes in a trustless environment. With mechanisms like fixed payout and pari-mutuel payout, participants can choose structures that align with their preferences, balancing predictability and market efficiency.

The rise of platforms like Augur, Polymarket and Drift BET highlights the diverse approaches within this space, catering to a wide range of users, from casual bettors to sophisticated traders. Innovations such as low-cost transactions, multi-token support and integrated yield generation further enhance the appeal of these markets, making them more inclusive and dynamic.

However, challenges remain, including regulatory scrutiny, user adoption and ensuring fair market mechanics. As the sector matures, collaboration between platforms, regulators and communities will be critical to its long-term success.

 and prediction markets are highly speculative in nature, it’s imperative to be aware of the associated risks and conduct proper research before participating in these markets.

What Are Prediction Markets in Crypto?

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