What Is a Peer Prediction Market? w/ Upshot CEO Nick Emmons

Nick Emmons is CEO and co-founder of Upshot, a protocol that pays experts to be honest and uses a new field of mechanism design called peer prediction to incentivize people to answer questions truthfully. In this episode he talks with Sasha about: 

• Real applications for a peer prediction protocol and market

• Creating a meme market

• The state of the NFT market in early 2021 and how you can manage NFT appraisals

• Use cases for decentralized claim insurance

• The dominantly truthful multi-task peer prediction mechanism 

• Insurance products that could be built in the social sphere with Twitter and other services

• Developing on Skynet

Episode links:

Nick Emmons: @nick_emmons

Upshot: https://upshot.io

Upshot on Medium: https://medium.com/upshothq

MemeEconomy Subreddit: https://www.reddit.com/r/MemeEconomy/

Arrow's impossibility theorem: https://en.wikipedia.org/wiki/Arrow's_impossibility_theorem

Skynet: https://siasky.net

Sasha Hudzilin: @AliaksandrH

Learn more about the Open Web Collective accelerator and be a part of a community of Web3 founders: https://www.openwebcollective.com