Almanac, popularly named the world’s first incentivized prediction market terminal, announced today that it has surpassed $1,000,000 in total trading volume.
The platform, which rewards users for contributing valuable information through prediction markets, highlighted this achievement as a key indicator of growing adoption.
The Almanac team tweeted: “Milestone reached: $1,000,000+ in volume. While our focus is incentivizing informational value, aggregate volume has been a near to mid-term north star for adoption. More volume = more informational value that rises to the top = more rewards.”
Almanac operates in the DeFi space, aligning with trends in incentivized data and market forecasting. This milestone comes amid increasing interest in prediction markets, which allow users to bet on real-world outcomes to aggregate crowd wisdom. The TAO Daily team is closely monitoring the next phase of the platform.
Be the first to comment