PANews reported on July 30 that according to the official announcement of Polymarket, The Oracle is its first news product. As the world's largest prediction market, Polymarket aims to help users understand the world more clearly through the perspective of the prediction market. "Oracle" will screen news from more than 1,000 markets on Polymarket every week to provide insights. After subscribing to its free Substack, users will receive at least two emails a week: a summary at the beginning of each week, containing notes on the most interesting market trends; the other is a long article in the middle of the week, which delves into a single event or market. When major events occur, breaking alerts will also be sent. For example, this week's focus includes whether Biden will complete his term, Shapiro will replace Kelly as the Democratic vice presidential candidate, whether Vans will be replaced, and whether Maduro will win the Venezuelan election. In addition, Olympic predictions will be provided.
Polymarket believes that in the current era of information overload and a large amount of misleading content, prediction markets are the best tool to combat false information, eye-catching headlines, and propaganda. By rewarding participants who make correct predictions and punishing those who make incorrect predictions, prediction markets can provide more authentic and reliable information.
