Prediction market platform Myriad adopted Chainlink as the exclusive oracle infrastructure for its 2026 FIFA World Cup match prediction markets to automate market resolution and settlement. The integration extends Myriad's existing use of the Chainlink Runtime Environment, which already powers its crypto price markets, and is designed to replace slower manual settlement methods used on some prediction platforms. The prediction market sector has expanded rapidly over the past two years, with platforms drawing multi-billion-dollar valuations.
Chainlink Runtime Environment Handles World Cup Market Settlement
The Chainlink Runtime Environment, or CRE, will handle market resolution and settlement for the tournament. "The World Cup is the biggest stage in sport, and it's exactly the kind of moment Myriad was built for," said Myriad co-founder and COO Ilan Hazan. He explained that the platform's integration with Chainlink will enable near-instant market settlement and payment to users.
William Reilly, Head of Strategic Initiatives at Chainlink Labs, stated that the integration enables Myriad's prediction markets for the 2026 FIFA World Cup to deliver users accurate resolutions, high-speed settlement, and instant payouts. He added that tamper-proof auditability of Chainlink's blockchain-powered oracles will help Myriad reduce resolution disputes as it serves soccer fans worldwide.
Prediction markets let users buy and sell shares tied to the outcome of future events, with prices that move between $0 and $1 to reflect the implied odds.
Myriad Launches $100,000 World Cup Trading Competition
Myriad is running a $100,000 trading competition on World Cup markets. The top three traders will receive $20,000, $10,000 and $5,000 respectively, with $10,000 in prizes split among the rest of the leaderboard. Top makers draw on a weekly pool of $5,000 a week in maker volume rewards throughout the contest, with the leaderboard reset each week.
Myriad Completed Seed Funding Round in March
In March, Myriad closed a seed funding round with backers including MoonPay Ventures, Auros, EVG, Verda Ventures, and Fundstrat co-founder Tom Lee, alongside earlier investors such as ConsenSys and HashKey Capital. The raise followed Myriad's launch on BNB Chain, alongside automated markets based around short timeframes. Myriad is owned by Decrypt's parent company Dastan.
FAQ
What oracle infrastructure did Myriad adopt for 2026 FIFA World Cup prediction markets?
Myriad adopted Chainlink as the exclusive oracle infrastructure for its 2026 FIFA World Cup match prediction markets to automate market resolution and settlement.
How much is the prize pool for Myriad's World Cup trading competition?
Myriad is running a $100,000 trading competition on World Cup markets, with the top three traders receiving $20,000, $10,000 and $5,000 respectively, and $10,000 in prizes split among the rest of the leaderboard. Top makers draw on a weekly pool of $5,000 a week in maker volume rewards throughout the contest.
Who backed Myriad's seed funding round in March?
In March, Myriad closed a seed funding round with backers including MoonPay Ventures, Auros, EVG, Verda Ventures, and Fundstrat co-founder Tom Lee, alongside earlier investors such as ConsenSys and HashKey Capital.
