CoinVoice recently learned that cindy, co-founder of the decentralized trading platform Drift Protocol, announced that it would launch a US election prediction market. Drift said the reasons for launching the market include: the prediction market is a place for truth settlement; it can be a platform for observing changes in public tendencies and opinions; it is based on a completely open source blockchain and cannot be manipulated; and the potential impact of political meme coins.

In the first version, the Drift DAO Security Committee will be responsible for market launch and arbitration, and plans to introduce a permissionless market in the second version in the future. [Original link]