The prediction market welcomes a new gameplay—Polymarket teams up with Parcl to officially launch a real estate price prediction market. The highlight of this collaboration is that all prediction results are based on the daily housing price index built by Parcl, covering major cities in the United States, allowing users to directly bet on housing price trends in various locations. What does this mean? Traditionally, price information was only accessible to real estate agents and investment institutions. Now, it is open to everyone through on-chain prediction markets. To some extent, this is an experiment in decentralized price discovery mechanisms in the realm of real assets—collectively reflecting market participants' predictions to accurately gauge future housing prices. The potential of prediction markets extends far beyond crypto assets, and this real estate expansion is an interesting signal.
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BoredStaker
· 1h ago
You can even bet on house prices now, the agents are crying haha
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GasOptimizer
· 01-07 17:57
Can house prices also be gambled on the chain? Now real estate agents must be panicking.
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MetaverseLandlady
· 01-07 17:53
Housing price predictions can now be on-chain, this is true democratization. No more feeling like you're being cut out by agents.
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governance_lurker
· 01-07 17:53
The housing price forecast is now on the blockchain, so retail investors can now compete with institutions for a share of the pie haha
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DaoDeveloper
· 01-07 17:33
yo, the oracle problem just shifted from crypto into real estate... interesting move. now we're essentially running a consensus mechanism on housing data. wonder if the merkle proof structure here can actually handle manipulation when liquidity pools get thin? seen this pattern before with chainlink feeds.
The prediction market welcomes a new gameplay—Polymarket teams up with Parcl to officially launch a real estate price prediction market. The highlight of this collaboration is that all prediction results are based on the daily housing price index built by Parcl, covering major cities in the United States, allowing users to directly bet on housing price trends in various locations. What does this mean? Traditionally, price information was only accessible to real estate agents and investment institutions. Now, it is open to everyone through on-chain prediction markets. To some extent, this is an experiment in decentralized price discovery mechanisms in the realm of real assets—collectively reflecting market participants' predictions to accurately gauge future housing prices. The potential of prediction markets extends far beyond crypto assets, and this real estate expansion is an interesting signal.