We have seen allot of benefits and features of Defi but many projects are still unknown to many out of which one project of defi is prediction markets these markets are never seen before which could revolutionize the world of crypto , Also it consists of only 4 markets right now ( which are enlisted ) if you know any more you can comment below.

So the question you would have what is the functionalities of prediction markets so the answer is inside the name prediction which means people can hold their crypto and predict on to make some good profit. The prediction markets are exchange-traded markets created to trade the outcome of events , People can even predict prices as well of different crypto's.

The next generation crypto Prediction market

After getting into it you would have another question whats the difference between Defi crypto prediction Market and Traditional prediction markets the biggest change is decentralization

Gnosis

The biggest name in the world of Decentralized Prediction market is Gnosis . Gnosis provides Open finance market mechanism which helps people to gain trust inside the platform.

Gnosis Protocol: Is another thing which proves the reality , power and future of decentralization , its A fully permissionless DEX that enables ring trades to maximize liquidity. That means you aren't directly contacting with gnosis instead anyone can list tokens.

The high security of Gnosis won the attention of many people also they have their physical office as well

Global interconnection has proved that open access to information, resources, and financial infrastructure is key for global resilience. By designing fairer marketplaces, Gnosis aims to build a more evenly distributed future. Our three interoperable product lines allow you to securely create, trade, and hold crypto assets.

they have mentioned it in their official website

GNOSIS Ltd.
World Trade Center 6
Bayside Rd.
GX11 1AA Gibraltar

Helena

Helena is another platform supporting prediction markets, Forecasting blockchain developments and events.

right now the official website isn't working on my side otherwise i could Portray further information about it.

So sharing official website Link

Also you can visit their official twitter

Polymarket ( my favorite )

the concept i love the most , i believe that if you are experienced and expert at something you could fight, defend it powerfully so why not bet over biggest debates ? and earn good amount of money ?

PolyMarket enables you to bet on Your beliefs

i personally visited the site and saw biggest debates which are never ending whether its on physical events or crypto world and people are betting on it like

Will Trump win the 2020 U.S. presidential election?

wanna see more ? Have a Visit

I am sure this new thing would win heart of many steemitians here.
Especially @steemitblog @steemcurator01 @steemcurator02

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