In short
- Prediction market Myriad has launched a $100,000 buying and selling competitors for the 2026 FIFA World Cup.
- The prize pool awards $20,000, $10,000, and $5,000 to the highest three merchants, with $10,000 cut up among the many remaining leaderboard and $5,000 in weekly rewards for high makers.
- The competition builds on Myriad’s partnerships with Chainlink for oracle-based market decision and 55 Tech for real-time sports activities information.
With the soccer World Cup set to kick off subsequent month, prediction market Myriad is launching a buying and selling competitors in collaboration with Layer-1 blockchain D.Vitality, with $100,000 up for grabs.
“We’re thrilled to be working this contest in the course of the World Cup,” stated Myriad Co-Founder and President Farokh Sarmad. “With billions of viewers tuning in to the event from around the globe, it is a nice alternative to showcase how prediction markets work round sports activities tournaments on a world stage.”
With over 75 multi-binary markets at launch, the FIFA World Cup 2026 Prediction Contest allows Myriad customers to make predictions on each single match within the competitors. A prize pool of $100,000 is on provide for high merchants and makers.
The highest three merchants obtain $20,000, $10,000 and $5,000 respectively, with the remaining $10,000 cut up among the many remainder of the leaderboard, which runs to the tip of the competition.
High makers draw on a weekly pool of $5,000 every week in maker quantity rewards for the whole length of the competition, with the leaderboard reset every week.
The competitors builds on Myriad’s current collaborations with Chainlink, whose oracles present market decision, and 55 Tech, its new tech companion for real-time sports activities information.
Earlier this 12 months, Myriad closed a “milestone” seed funding spherical, laying the groundwork for the prediction market to “make investments aggressively in product improvement, liquidity, and market growth,” stated CEO Loxley Fernandes.
The World Cup is broadly considered the most important sporting occasion on this planet, with round 1.5 billion world viewers tuned in to the final World Cup ultimate in Qatar, in response to FIFA. This 12 months’s occasion kicks off on June 11 with South Africa dealing with World Cup hosts Mexico. South Africa go into the match because the underdogs, with Myriad customers placing only a 13% probability on them rising triumphant.
Head to Myriad to hitch the FIFA World Cup 2026 Prediction Contest.
Disclaimer
Myriad is owned and operated by Decrypt’s mum or dad firm Dastan.
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