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a16z crypto Research Advisor: The market size is expected to expand, cover a broader scope, and become more intelligent by 2026.
ChainCatcher News, a16z crypto research advisor Andy Hall states that by 2026, as prediction markets intersect with cryptocurrencies and artificial intelligence, they will become larger, more widespread, and smarter, while also presenting new challenges for builders.
Andy Hall said that this year will see more contracts listed, which will trigger important social issues.
To address extreme situations, new decentralized governance and LLM oracles can help determine the truth in cases of disputed results. Artificial intelligence also opens up more possibilities beyond LLM for oracles.
Prediction markets will not replace polls; instead, they can improve them, and polling information can also be fed into prediction markets.