Persuasion Markets: A Manifesto
AI summary of the linked articlePersuasion markets, where people earn rewards for registering subjective opinions, are presented as a way for crypto to move beyond speculation and social hype toward conviction. Unlike prediction markets, they resolve onchain without oracles and can self-fund from participants' votes. JokeRace's Conviction Markets sell votes at a price that rises exponentially every minute, pool the funds for voters who backed the winner after a 10% platform fee, and let contest creators seed the pool. |
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