PREDICTION MARKETS, EXPLAINED SIMPLY

Summary from the TLDR Crypto newsletter

Prediction markets like Polymarket let users bet on real-world events, from elections to crypto prices, and earn if their predictions are right. Built on blockchains like Polygon, they're decentralized (no single company controls funds), transparent (all bets are on-chain), and easy to access using stablecoins like USDC. Smart contracts handle payouts automatically, while oracles feed real-world data to settle outcomes, making them a fast-growing onchain use case.