Vitalik published an article on the prediction market: Information finance brings us closer to the truth

On November 9th, Vitalik released a new article entitled "From Prediction Markets to Information Finance", stating that he has been a close supporter and follower of Polymarket this year and that prediction markets are one of the most exciting Ethereum applications for him.

Vitalik believes that Polymarket has a dual nature, serving as both a betting platform for participants and a news site for everyone else. As the election results gradually unfolded, despite many experts and news sources enticing audiences to listen to favorable news about Harris, Polymarket directly revealed the truth that Trump's chances of winning had reached 95%. User investments can help the market realize what is closer to the truth.

In addition, prediction markets can also use finance as a way of coordinating incentive mechanisms to provide valuable information to viewers. Information finance solves the trust issues that people actually face. A common concern in this era is the lack of knowledge about who to trust in political, scientific, and business environments. Information finance applications can help become part of the solution. He expects that artificial intelligence will be a technology that drives the development of information finance in the next decade.