The cryptocurrency sector is abuzz with FIFA fever, as seen by striking a relationship with a well-known cryptocurrency platform, rolling out an NFT collection, and revealing web3 games. This only serves to demonstrate how blockchain technology has altered various industries, with the sports sector leading this transformation.

The world’s first socially-infused exchange, XT.com, began its official World Cup-related campaign on November 15, 2022, joining other A-list corporations in enjoying the FIFA season. Introducing the feature for the World Cup 2022 Prediction Market, where you can cheer on your preferred team.

“I am intrigued. A prediction market, but, what is it?”

The zero-sum game, which in game theory implies that one person’s game is equal to another’s loss, is the foundation of the World Cup 2022 Prediction Market. As a result, there has been no change in benefit at all. Chess, poker, and bridge are among additional games that fit under this category. In reality, the 2020 U.S. presidential election served as the focus of the industry’s inaugural prediction market. Additionally, a dependable source claims that the product has brought in millions of dollars in sales and significantly boosted the creator’s reputation as a creative exchange.

Source: Prnewswire