#7: Joey Krug on the Present and Future of Prediction Markets

The Long Game with Mehdi Yacoubi

My guest today is Joey Krug. Joey is the co-founder of Augur, the co-founder of Eco, a new cryptocurrency, and the Co-Chief Investment Officer at Pantera Capital, one of the largest cryptocurrency and blockchain-focused asset managers.

Joey is the specialist for everything related to crypto and prediction markets. Augur, the decentralized betting platforms he co-founded, is one of the most promising projects of recent years.

In this conversation, we cover everything related to prediction markets. We start with what Joey would like to achieve with Augur and what are the current challenges. Then we cover the question of the truth and how prediction markets could help us find it. We mention all the other underrated areas where prediction markets could have an impact.

Please, enjoy my conversation with Joey Krug!

You can find the show notes here.

Find Joey online:

• Twitter

Topics we discuss:

• Prediction Markets
• The idea of "Skin in the game as a service"
• Augur now
• How prediction markets can help us find the truth
• Forecast by Facebook
• The future of Prediction Markets
• The current technical challenges
• Robin Hanson
• Prediction market in companies
• Health Insurance
• Twitter polls are broken; why not Augur instead?
• Prediction market on the effect of climate change
• The cultural side: Gambling has a connotation; how to move from this?
• Underappreciated applications of prediction markets
• What is Joey most excited about in crypto right now

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