prophecy markets > prediction markets
https://jacob.energy/predicting-provenance.html

Are prophecy markets better served by NFTs or coins?

Coins are more composable, liquid and flexible while NFTs could have scarcity and potentially better provenance 

Would be curious to hear how @jacob thoughts might’ve changed since he wrote this article

Stay Curious // iixii // Head of Crypto at https://www.lazertechnologies.com/  // Prev: CoinDesk, Roc Nation // based @basedevo

You get the exact same provenance: there’s literally 0 difference between and nft and coin on that front. The scarcity part comes at the trade off of Liquidity which is not worth it in most cases.

I figured given Zora’s recent direction but I think there’s some clear benefits to NFTs for this use case

Main one being scarcity/provenance but not sure that benefit outweighes the composability/liquidity of coins

Alumni @ Lazer,
Creator @ hashgraph.name,
Contributor @ $BASED,
Building something new..

Yeah but whichever outcome has the narrative to be a prophecy is more powerful

i think coins are a more interesting model vs NFTs because there’s potentially positive sum outcomes

So then tokenize each outcome because then the value of one is independent of the lack of the other?

Jacob knows more than me about these stuff he might be right