‘The Future is Embedding Myriad as a Protocol’: Co-Founder
Yahoo Finance·2025-10-06 16:51

Core Insights - Prediction markets are gaining traction in the mainstream, with Myriad aiming to embed its protocol widely, similar to MoonPay's strategy in crypto payments [1] - Myriad has achieved significant trading volume, reaching $18.5 million in USDC with over five million trades shortly after surpassing $10 million [1][2] - The platform is designed to grow organically, focusing on real user engagement and incentivizing content creation that resonates with users [2] Company Developments - Myriad has launched perpetual sentiment markets, which have quickly generated over $760,000 in transactional volume, evolving from a novelty to a productive social experiment [3] - The platform incorporates technological innovations, including the presence of AI agents trading on Myriad, although the effectiveness of AI compared to human traders remains uncertain [4] Market Dynamics - Myriad's fee structure is designed to discourage negative trading behaviors, with fees directed to liquidity providers, enhancing the quality of market engagement [2] - The platform's focus on creating relevant and engaging event contracts has led to higher conversion rates among users [2]

‘The Future is Embedding Myriad as a Protocol’: Co-Founder - Reportify