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0 sats \ 4 replies \ @mega_dreamer 15 Oct \ on: Bet on the US election with sats on bitcoinprediction.market bitcoin
Congrats on the launch!!! Would love to chat how you're using ecash.
Thanks, yeah would love to chat. Basic idea we're going for is to use ecash tokens as IOU receipts representing shares in the event, thereby enabling buying & selling of shares via variants of LMSR.
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BTW I run Predyx, that make us competitor :)
Jokes apart, yes, I've gone through the same pain as you've gone through. Tried to implement LMSR with DLCs but failed. I love the idea of ecash being a bearer token, it solves a lot of usability problems. Can we jump on quick 30 min call next week? Would love to get to know you and learn about ecash.
I've also been tinkering with Taproot Assets to issue market shares and backing up the shares with equivalent amt of sats on PSBTs, but again that locks up the liquidity and on-chain tx may not be financially viable for micro bets.
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Any good idea should have some competition, and right now polymarket is the big one to compete with. Similar to crypto exchanges, there's room for 10-20 multi-billion dollar prediction markets by 2030.
Next week I'll be a Tabconf, might be busy, maybe in 2-3 weeks I'll be more free.
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Agreed! Poly and USDC is our biggest competition.
Sure lets talk in few weeks :)
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