BNB Chain Chinese Interview Record: Myriad - Building a New Generation of Prediction Markets

BNB Chain Chinese
Myriad: @MyriadMarkets

BNB Chain Chinese Host:

Q1: Can you briefly introduce your project? What problem are you trying to solve?

A1: Myriad is a next-generation prediction market centered around content relevance. The information age requires a platform to exchange the world's most influential asset—"information." When we encourage people to participate in event contracts, the price difference between "yes" and "no" becomes a dynamic signal, reflecting participants' confidence in the likelihood of an event occurring. Myriad applies this signal among decision-makers, media consumers, and even content creators, enabling them to better harness the power of collective intelligence.

Q2: The concept of "prediction markets" may be new to many people; can you explain how it works in simple terms?

A2: A prediction market is essentially a market where people trade "views on future events"—covering everything from election outcomes, sports events, economic trends to celebrity news. Instead of relying on expert opinions or polls, prediction markets allow the public to participate in outcome predictions by "betting," transforming collective sentiment into quantifiable data. In such a market, each contract (or "share") represents a possible outcome, such as "yes, this will happen" or "no, it won't happen," and the price of that contract reflects participants' confidence in the event's occurrence. As news events unfold, media coverage changes, and public discussions and social media trends evolve, these prices fluctuate in real-time, dynamically capturing the evolution of public perception. Therefore, prediction markets are not just tools for predicting events—they also serve as a mirror reflecting how information flow, media influence, and public sentiment collectively shape our expectations of the future.

Q3: Why choose to build on BNB Chain?

A3: Major competitors in the prediction market are primarily concentrated in the North American market; however, we believe there is a large user base globally that is severely underestimated and overlooked. Myriad's core goal on BNB is to achieve "glocalization" and "focused growth," particularly targeting the regions where the BNB community is strongest—the global Eastern market.

Q4: What makes your product special or innovative compared to traditional prediction markets?

A4: Connecting content with prediction markets. Traditional media and journalism can convey messages, opinions, and narratives, but they cannot directly reflect the public's expectations or confidence levels regarding future events. Myriad integrates prediction markets into content, allowing readers to directly participate in the narrative process, transforming "passive media consumption" into "active interactive participation."

Q5: What are "Sentiment Markets," and what problems do you hope to solve through these markets?

A5: Polls are meant to gauge people's thoughts, but in most cases, they only capture what people "claim" to think. When beliefs are filtered through biases, identity politics, and partisan rituals, they ultimately become noise. When expressing opinions comes at no cost, opinions become cheap. Markets can solve this problem. Myriad's Perpetual Sentiment Markets replace traditional surveys with a price discovery mechanism. Participants no longer just check an option; they express their stance by buying or selling positions that represent their beliefs, such as "fear vs. greed," "support vs. oppose a politician," etc., and bet real money on their beliefs. The result is a continuously operating, self-correcting collective sentiment signal. Each transaction comes with costs and consequences: biases become expensive, beliefs become measurable, and truth (ideally) gains liquidity. Unlike our other prediction markets and event contracts that settle at expiration, these sentiment markets never settle. They continuously track the public sentiment's "living pulse" on-chain and always maintain liquidity. The fluctuations in people's confidence in specific individuals, tokens, or ideas can be expressed and financialized in real-time.

Q6: What are BNB Automated Candle Markets? Will we see more automated markets in the future?

A6: The core design of automated markets focuses on automatic settlement, short time cycles, and continuous liquidity, allowing users to easily participate in fast-paced prediction or trading environments without waiting for long settlement periods. BNB Automated Markets are just the beginning; in the near future, we will expand this fast-paced, short-term prediction market to Bitcoin and other mainstream cryptocurrencies!

Q7: Are there any upcoming events or features we can look forward to?

A7: Currently, we have launched an instant rewards system for USDT users on BNB Chain and users participating in SocialFi interactions through XEET.AI. Early participants and users of BNB Automated Markets will receive special rewards. In the future, we may also engage in larger-scale joint activities with BNB Chain, so stay tuned and start your predictions now!

Community Q&A Session

BNBCHAIN Host:
That concludes the sharing prepared by our guest today! I believe everyone now has a better understanding of Myriad~ Next, we will move on to our community Q&A session.

Q1: How does Myriad leverage social media integration to amplify community momentum and drive the growth of prediction markets?

A1: Myriad shares a parent company with Rug Radio and Decrypt Media. Rug Radio is a hub for several top KOLs in the crypto space, with accounts on major social platforms boasting millions of followers, allowing us to effectively drive traffic and trading volume to the platform. For example, influencers like Farokh (who has interviewed President Trump and CZ), Mando, and Tyler Did It maintain high community engagement with Myriad. Decrypt Media is one of the most trusted news sites in the crypto space, with a broad readership beyond X and globally, enabling us to reach diverse user groups and expand into more varied markets.

Q2: What types of prediction markets does Myriad plan to launch? Besides common cryptocurrency and political events, will you explore or establish more innovative and complex long-tail markets using AI?

A2: Long-tail markets are indeed attractive, and we will definitely venture into this area. However, we are more interested in how to integrate "fast formats" and "capital-efficient" markets to assist industry professionals in making smarter choices not only in investment decisions but also in insurance, market risk exposure, hedging, and other critical decisions.

Q3: How does Myriad's embedded widget feature drive adoption among non-crypto native users?

A3: We choose to meet users where they are. Many people constantly ask, "How do we get mainstream users to adopt crypto?" while refusing to provide services in users' existing usage scenarios, instead forcing them into applications that require crypto knowledge. Myriad's embedding technology is designed to eliminate this friction—just a few clicks, and all users can easily access and use prediction contracts.

Q4: What role does AI play in the Myriad ecosystem? Are there features like sentiment/social intelligence or smart content recommendations?

A4: We are developing an AI-driven market recommendation engine aimed at identifying emerging narratives and predictable events. This engine integrates real-time data from our own media (like Decrypt) and social platforms to proactively discover high-potential niche or viral topics. We are currently optimizing the model to more accurately grasp trend propagation speed, sentiment changes, and topic relevance. The ultimate goal is to enable Myriad to present real-time markets that align closely with user attention and have high signal value. Additionally, AI plays a key role in automating and optimizing market rule formulation, ensuring clearer and more consistent result definitions and settlement processes while reducing biases.

Q5: How does Myriad's launch on BNB Chain—featuring automated markets, short settlement cycles, and localized Chinese experiences—strengthen its multi-chain expansion strategy and enhance accessibility for Asian users in the global prediction market ecosystem?

A5: Prediction markets are powerful information tools, but most existing products are slow-paced, unappealing, and capital inefficient. Myriad's launch on BNB Chain aims to "gamify" prediction markets, significantly enhancing engagement and interactivity without undermining their academic value. We have found that nearly all first-tier markets focus solely on U.S. users, which is fundamentally wrong and extremely shortsighted. Myriad's deployment on BNB Chain is optimized to target user groups that control key liquidity in the BNB and Eastern markets. These users have high signal value and economic influence; they need not only a translated market interface but also prediction topics that are highly relevant to their interests and professional fields.

Q6: Can you summarize the core mission of the Myriad Markets project in one sentence?

A6: Myriad's mission is to reshape the information economy—rewarding truth rather than noise, aligning incentive mechanisms around honesty and information speed, and replacing the failing ad-driven model with a new system that values accuracy, insight, and engagement.