Prediction Market Myriad Partners With Walrus Decentralized Data Storage Layer

Prediction Market Myriad has partnered with the Walrus decentralized data storage platform, transitioning to a fully on-chain protocol. This integration allows Myriad's media to be stored immutably, ensuring each market artifact is tamper-proof with verifiable provenance. Myriad co-founder Ilan Hazan emphasizes that this shift enhances trust and accountability for users and facilitates audits in regulated environments. Walrus Executive Rebecca Simmonds highlighted potential applications of this verified data in decentralized finance (DeFi) and artificial intelligence (AI), enabling precise collateralization, automated payouts, and insightful analysis on public opinion trends. By establishing a comprehensive record of market events and outcomes, Myriad positions itself as a pioneering force within the prediction market space, with implications for both financial algorithms and governmental policy insights. The collaboration further explores synching with the broader Sui ecosystem, aiming to promote a more open and accountable web.

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