Getting Began With MYRIAD – Decrypt

Now out there in open beta, MYRIAD is the evolution of Decrypt and Rug Radio’s interconnected media ecosystem, integrating on-chain prediction markets into information tales and creator content material.

Right here’s the way it works, and find out how to get began.

What’s MYRIAD?

MYRIAD is a brand new platform that integrates prediction markets alongside written and video content material from Decrypt and Rug Radio—enabling new types of reader engagement, opening up new enterprise fashions for publishers and content material creators, and in the end aiming to rebuild consumer belief in media.

How one can get began with MYRIAD

Creating an account

1. Head to myriad.markets.
2. Click on “Obtain MYRIAD extension.”
3. You’ll be despatched to the Chrome Net Retailer, the place you may click on “Add to Chrome” to obtain the MYRIAD extension.
4. Click on the MYRIAD extension after which click on “Login” to create an account or log in. You possibly can select whether or not you need to register or check in utilizing social logins or electronic mail.
5. Examine your electronic mail for the verification hyperlink, then click on via to arrange your profile.

Discovering your method round MYRIAD

When you’ve registered for MYRIAD, head to myriad.markets to view the primary hub for MYRIAD actions. Alongside the highest of the web page you’ll see a number of choices:

• Markets: Your hub for warm markets and exercise.
• Earn: Participate in MYRIAD Quests to earn factors.
• Leaderboard: See the way you stack up in opposition to others
• Information: View the newest information tales and associated prediction markets.
• Portfolio: Observe your factors and lively predictions.

What are MYRIAD prediction markets?

MYRIAD’s on-chain prediction markets are the guts of the platform, enabling customers to again their calls on real-world occasions with Factors. These occasions can embrace something from sports activities and crypto to gaming and politics.

As extra folks participate within the prediction market, the chances shift in real-time, indicating what end result the neighborhood thinks is more likely to occur.

MYRIAD’s prediction markets are made up of “shares” with values starting from between 0 to 1 factors, with its worth correlating to the share likelihood of it profitable. So if a share for end result A in a prediction market is valued at 0.53 factors, the market reckons that end result A has a 53% likelihood of occurring.

When the market resolves, the value goes to 1 level a share for whichever end result occurred; thus, the decrease the chances of one thing occurring, the cheaper betting on it turns into—and vice versa.

How to participate in MYRIAD prediction markets

To participate in MYRIAD prediction markets, you’ll first must have put in the MYRIAD Chrome extension, which you’ll obtain at myriad.markets.

Related MYRIAD prediction markets seem embedded alongside Decrypt and Rug Radio content material. You may as well view Featured Predictions inside the Chrome extension.

To view all MYRIAD prediction markets, click on “Go to Dashboard” inside the extension after which click on “Markets.”

No matter the way you’re viewing a prediction market, taking part is straightforward: merely click on the button beneath the market comparable to the result you suppose is extra more likely to occur, and sort within the variety of factors you need to guess. There are buttons to guess 5%, 10% or 100% of your factors holdings. When you’ve chosen what number of factors you need to guess, click on the button under the market to guess them.

You may as well click on on the title of any market to undergo to its web page, which supplies a chart exhibiting how betting intentions have different over time, together with the foundations for resolving the market.

If an occasion is cancelled, you’ll get your factors again, or MYRIAD will settle based mostly on no matter official info is obtainable.

What are MYRIAD factors?

Factors are your ticket to all the pieces on MYRIAD. You possibly can guess them in prediction markets, soar into neighborhood contests, and climb the leaderboards in opposition to different gamers.

MYRIAD factors may be earned by taking part in several actions all through the ecosystem, equivalent to connecting your social media accounts, studying tales on Decrypt and watching Rug Radio movies.

You may as well earn factors via finishing MYRIAD Quests, which set a sequence of linked duties equivalent to studying a Decrypt story after which finishing a quiz based mostly on it, with factors awarded for finishing every activity.

You’ll obtain 100 factors initially for putting in the MYRIAD browser extension, so you will get began with MYRIAD prediction markets right away.

Factors are an in-platform foreign money and don’t have any real-world financial worth, however they’re important for participating in prediction markets and measuring your success on the MYRIAD platform.

Assist! One thing’s not working!

MYRIAD is launching in open beta, so whereas we’re aiming to supply a streamlined expertise out of the field, there could also be some teething issues! If you happen to encounter a bug or different problem, tell us by filling out our help kind.

How does Myriad shield my account?

MYRIAD is dedicated to offering a protected, safe expertise for customers. Your account is protected by:

• Safe authentication utilizing electronic mail or pockets login.
• Blockchain-based safety for clear and safe transactions.
• Information encryption to guard your info.

To strive MYRIAD,