Crypto.com and Partners to Launch Global Prediction Market Platform

Crypto.com launched OG.com with DraftKings, ERshares, and Fanatics to deliver multi-event sports and industry predictions backed by tested tech, secure payments, liquidity, VIP services, and participant protections.

Summary

On February 3, Crypto.com officially launched the OG.com prediction market platform, partnering with DraftKings, ERshares, Fanatics, and other collaborators. The platform supports sports and industry event predictions, integrating tested technology, secure payment channels, liquidity mechanisms, VIP services, and protective measures for participants. It enables multi-event betting, aiming to provide a reliable and user-focused predictive ecosystem.

Terms & Concepts
  • Prediction Market: A blockchain-based system allowing users to trade tokens representing the outcomes of future events, leveraging collective forecasting.
  • Liquidity: Refers to how easily assets can be bought or sold in a market without significantly affecting their price.
  • Payment Channels: Mechanisms enabling fast, low-cost transactions off-chain while ensuring eventual settlement on the blockchain.