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NEXTPredict pays $12,000 to hedge its prediction market event

The platform is targeting flight cancellation risk as part of its event hedging approach, according to Decrypt.

Reported · Written up by our desk · Market Structure

Decrypt reports that NEXTPredict paid $12,000 to hedge its conference on a prediction market.

The outlet says the focus of the hedging effort is flight cancellations, linking the event insurance concept to specific disruptions that could affect attendees and programming.

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