Can Cryptocurrency Prediction Markets Forecast the Future at Gnosis? — Market Mad House
The team behind the Gnosis (GNO) cryptocurrency is betting everything on prediction markets.
Thus, Gnosis’s strategy runs counter to its competitor Augur (REP). Augur is converting its ecosystem into a no-limit betting platform. I think this change could make Augur a lot of money.
For instance, Augur is enabling US Dollar betting with the Dai (DAI) or Multi-collateral (DAI) stablecoin. Using the Dai could make Augur lucrative because Dai can pay in US…