Forecasting Tool - Current closed group surveys and interviews are clogged with bias and hence affect correct output. Decentralized Prediction Markets act as a perfect forecasting tool in predicting future events be it politics, sports or climate change as people participating make more rational decisions as their decisions are private and anonymous
Monetize Knowledge - There are only limited ways to monetize one knowledge apart from doing our jobs. Prediction markets with predictions in various themes provide an opportunity to monetize one's knowledge.
Creating Awareness - As per the game theory, Predictions based on climate change will make people research more on climate than a news article on climate as the incentives are provided by prediction markets for understanding the complex concept
Value discovery: Prediction markets helps in discovering values of any intangible asset be it NFT, art etc via the wisdom of crowd principle.
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