Prediction Market MYRIAD Launches USDC Markets

Summary

MYRIAD has launched USDC markets, allowing users to make predictions using Circle's regulated stablecoin, USDC, which can be redeemed 1:1 for U.S. dollars. This development enables real-time consumer sentiment predictions and introduces a monetary aspect to the platform, moving away from its previous points-based system. Over 430,000 users have signed up since MYRIAD's mainnet launch in January, making over 1.7 million predictions. MYRIAD aims to revitalize the media industry by integrating predictions with content from DASTAN's media portfolio, creating a sustainable revenue model. Revenue will be generated by taking a percentage of the prediction volume, enhancing prediction accuracy as users stake real money. MYRIAD seeks to demonstrate demand for alternatives to traditional crypto gambling.