Prediction market Myriad has launched a World Cup contest with a $100,000 prize pool forward of the 2026 match
Abstract
- Myriad opened a buying and selling contest tied to the 2026 World Cup, with $100,000 cut up between prime merchants and makers.
- The platform launched with over 75 multi-binary markets protecting each match within the match.
- President Farokh Sarmad says the occasion showcases how prediction markets work round world sports activities.
Prediction market Myriad has opened a buying and selling competitors constructed round soccer’s 2026 World Cup, placing $100,000 on the road. The competition runs in collaboration with layer-1 blockchain D.Vitality.
The launch lands as prediction markets push deeper into mainstream sports activities betting. Myriad launched the FIFA World Cup 2026 Prediction Contest with greater than 75 multi-binary markets, letting customers commerce on each single match within the match.
How the World Cup contest works
The highest three merchants take residence $20,000, $10,000 and $5,000 respectively, with an additional $10,000 cut up throughout the remainder of the leaderboard. High makers draw on a separate $5,000 weekly pool, with the leaderboard reset every week.
Market decision runs by way of Chainlink oracles, whereas real-time sports activities knowledge comes by way of Myriad’s tech associate 55 Tech. Each underpin how the competition settles every match end result.
“We’re thrilled to be working this contest throughout the World Cup,” mentioned Myriad Co-Founder and President Farokh Sarmad. “With billions of viewers tuning in to the match from all over the world, it is a nice alternative to showcase how prediction markets work round sports activities tournaments on a world stage.”
Myriad is constructed by Dastan, the dad or mum firm of media retailers Decrypt and Rug Radio. The competition builds on a seed around the platform closed earlier this yr to fund product and liquidity enlargement.
Why prediction markets are chasing sports activities
The timing is deliberate. Prediction markets have moved from a crypto area of interest into one in every of finance’s fastest-growing sectors, a shift crypto.information has tracked as month-to-month volumes climbed towards tens of billions of {dollars}.
Rivals are racing for a similar consideration. Polymarket and Kalshi already listing stay World Cup markets, and the sector faces contemporary scrutiny after Spain moved to dam each platforms.
Institutional curiosity is climbing too, with Polymarket just lately partnering with Nasdaq’s private-markets arm. Round 1.5 billion viewers watched the final World Cup closing in Qatar, in line with FIFA, giving Myriad a world stage to transform that viewers into merchants.
