CRSHMARKET goes viral: You can now bet on what happens next in a livestream. Social media thinks that’s a nightmare
Prediction markets already get a bad rap online from some social media users, and now a new app that blends livestreaming and live betting is unleashing a new wave of social media outrage. In a poll earlier this year , 29% of Americans said they viewed the growing popularity of…
Prediction markets already get a bad rap online from some social media users, and now a new app that blends livestreaming and live betting is unleashing a new wave of social media outrage. In a poll earlier this year , 29% of Americans said they viewed the growing popularity of…
BELLINGS Intelligence Score: 12
Why it matters
The launch of a livestream betting app on market outcomes is a novel social-media phenomenon but represents consumer entertainment rather than a material credit-market development or regulatory shift.
Sources
Fast Company
CRSHMARKET goes viral: You can now bet on what happens next in a livestream. Social media thinks that’s a nightmare
Prediction markets already get a bad rap online from some social media users, and now a new app that blends livestreaming and live betting is unleashing a new wave of social media outrage. In a poll earlier this year , 29% of Americans said they viewed the growing popularity of…