The market is expected to focus on the mid-term elections during the NEXTPredict summit.
2026-10-28 00:57:29
CoinMeta Data: The predictive market attracted significant attention at the NEXTPredict summit, which took place on October 22nd and 23rd at Hudson Yards in New York, bringing together the largest exchanges, trading companies, and policymakers in the industry. As the mid-term elections in the United States approached, election-related topics dominated the discussions, but the executives present were also concerned about future development. At the beginning of the conference, Nextpredict made a trade that was not profitable, incurring a premium of $12,000. However, if more than half of the flights at New York's JFK airport were canceled the day before the event, they would have received a return of approximately $3 million. Nextpredict, co-founder Pierre Lindh, stated that although this trade was not profitable, he was pleased with it because it meant that everyone was there. The participants discussed the potential of the predictive market in future news, considering it to be an effective alternative to exit polls on election nights.
Source:Decrypt
This content is for market information only and does not constitute investment advice.
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