In brief
- Myriad has partnered with Trust Wallet to launch the first natively integrated in-wallet prediction market experience.
- Trust Wallet users will be able to trade on Myriad’s prediction markets without having to leave Trust Wallet through the new Predictions tab.
- Prediction markets represent “a new way of combining social expression with digital footprint and value,” Trust Wallet CEO Eowyn Chen told Decrypt.
Myriad has teamed up with Trust Wallet to launch the world’s first natively integrated in-wallet prediction market experience.
Through Trust Wallet’s new Predictions tab, users can trade on Myriad’s prediction markets without having to leave the wallet, giving them a “simple, one-click way to trade event outcomes using the assets they already hold.”
The integration “marks a huge moment” for prediction markets, Myriad President and co-founder Farokh Sarmad said in a statement. “Trust Wallet is where tens of millions of people begin and manage their crypto experience, so bringing Myriad directly into that flow makes on-chain predictions accessible in a way the industry has never seen before.”
Prediction markets represent “a new way of combining social expression with digital footprint and value,” Trust Wallet CEO Eowyn Chen told Decrypt in a video interview. “We wanted to make that available to users, so that they can grow together in their on-chain journeys with Trust Wallet.”
For users, getting started with Myriad on Trust Wallet is as simple as going to the in-app Predictions tab inside the Swaps page. “They can see all the markets that Myriad and partners have provided, and then directly take a position, yes or no,” said Chen. “I just tested out the product, it’s in and out in one second.”
The integration with Myriad was “very straightforward,” she added. “We love to move fast, and Myriad is a great partner to move fast with.”
Prediction markets rising
Myriad, launched by Decrypt‘s parent company Dastan, has grown rapidly in recent weeks, having hit a milestone of $100 million in cumulative trading volume, an increase of 10x over three months. That illustrates the “massive demand” for the sector, according to Myriad co-founder and CEO Loxley Fernandes, a position reinforced by the recent multi-billion dollar valuations of Polymarket and Kalshi.
Prediction markets are based on “more than just the trading component,” or the technology underpinning them, Chen said; instead, their success is based on the content.
“What are the positions, what are the views, what are the events that people find interesting and want to engage with?” she said, adding that prediction markets’ value proposition will be based on factors including society, people, narratives and attention. Accordingly, Myriad’s close integration with media platforms including Decrypt and Rug Radio gives it a “competitive advantage,” Chen added.
Trust Wallet plans further prediction market integrations, Chen told Decrypt. In a statement, she said that, “People shouldn’t need five apps to express what they think will happen next,” adding that, “Our vision is to unlock access safely and give users the simplest way to participate in these emerging markets.”
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Source: https://decrypt.co/350590/myriad-partners-with-trust-wallet-to-launch-first-in-wallet-prediction-markets
