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Predictions Markets, Veil, Augur (Part 1) - Ryan Berckmans

You can create markets for basic questions like “Will the Yankees win the World Series?”, to the more outlandish ones like “Will Donald Trump be bald next year?”

Host
Matt Aaron

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About the Episode

I like to call prediction markets a "bitcoin within bitcoin". A fascinating use case that takes a little while to wrap your head around. But once you get it, a lightbulb clicks.

We brought on Ryan Berckmans who recently sold Predictions.Global to Veil an Augur startup.

Ryan is currently working with the Forecast Foundation, a group that guides Augur, the premier decentralized prediction market platform.

Prediction markets are decentralized betting networks where anyone can create a market for a future event that they’re interested in wagering on.

Ryan has a diverse background, and we got a glimpse into his background as well as a primer on the decentralized prediction market and what the future implications are.

While the main use case is sports betting, we anticipate more use cases to emerge in the near future.

Here is part one.

Mentioned in the episode:
Predictions.Global
Veil
Augur

About the Host

Matt Aaron

Matt Aaron has been podcasting since 2013, when he launched the Food Startups Podcast.

He recently found a second love in cryptocurrency and blockchain and hasn't looked back.

His first major investment into cryptocurrency was the money he made betting on (but not voting for) that Donald Trump would win the 2016 election.

Matt believes that public blockchains and cryptocurrencies are the solution to the many problems exposed of the current banking system in the 2008 financial crisis.

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