TLDR Crypto · INNOVATION & LAUNCHES

PROXIMARKET: MAKING PREDICTION MARKETS MORE THAN YES/NO

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Summary from the TLDR Crypto newsletter

Proximarket allows users to bet on markets with more than simple binary outcomes. It uses embedding models for semantic similarity and pays out proportional to the accuracy of a user's prediction, making markets around news headlines, Elon tweets, and future words possible. It was built in a week and is still in testing stages.