10min chapter

No Priors: Artificial Intelligence | Technology | Startups cover image

Forecasting the Future with Kalshi: America’s First Regulated Prediction Market

No Priors: Artificial Intelligence | Technology | Startups

CHAPTER

The Rise of Prediction Markets

This chapter explores the establishment of regulated prediction markets, focusing on the hurdles of gaining CFTC approval and the legitimacy of trading on political events. It contrasts prediction markets with traditional financial instruments, advocating for their role in informed speculation and price discovery within the financial landscape.

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