Modules / Module 10
Blockchain & Decentralized Prediction Markets
The Web3 native approach
On-chain event creation, oracles, dispute resolution, settlement without intermediaries, liquidity mining, and the risks of decentralized market design.
Chapters
- Why Blockchain for Prediction Markets? Transparency and Censorship Resistance
- Event Creation on-Chain: How It Works
- Oracles: Bringing Real-World Data to Smart Contracts
- Oracle Types: Centralized, Decentralized, and Cryptographic
- Resolving Disputes: The Arbitration Layer
- Settlement and Payouts Without Intermediaries
- Liquidity Mining and Yield in Prediction Markets
- Gas Costs and Scalability Challenges
- Major On-Chain Platforms: Augur, Gnosis, Polymarket (Hybrid)
- Risks: Oracle Failure, Manipulation, and Smart Contract Bugs