Interesting, what’s the connection here? Are you saying that assurance contracts could be implemented using a prediction market? Or were you thinking of something more along the lines of Augur’s distributed voting system for decision outcomes? Anyway I’d be interested to hear what you’re thinking here.
I guess you could do that in a variety of ways. PM in general can be used to create rewards for events to happen. Take the following: “I agree to leave facebook if ten million other people agree to leave with me.” could be implemented as “I bet $$ that 10M people will not leave FB within a month”, people can then stake against it and leave FB to promote the event (and share the contract). PM are very flexible, the real limitation IMO is to create a community to bring liquidity to the market and then create a standard contract for people to follow for a specific type of market
Interesting, what’s the connection here? Are you saying that assurance contracts could be implemented using a prediction market? Or were you thinking of something more along the lines of Augur’s distributed voting system for decision outcomes? Anyway I’d be interested to hear what you’re thinking here.
I guess you could do that in a variety of ways. PM in general can be used to create rewards for events to happen. Take the following: “I agree to leave facebook if ten million other people agree to leave with me.” could be implemented as “I bet $$ that 10M people will not leave FB within a month”, people can then stake against it and leave FB to promote the event (and share the contract). PM are very flexible, the real limitation IMO is to create a community to bring liquidity to the market and then create a standard contract for people to follow for a specific type of market