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05/06/2026

Prophet Launches AI-Powered Prediction Market with Live Trading

What happened: Prophet, a new AI-native prediction market platform, has launched its first live trading tranche with $10,000 in capital.

Prophet Launches AI-Powered Prediction Market with Live Trading

What happened: Prophet, a new AI-native prediction market platform, has launched its first live trading tranche with $10,000 in capital. The platform features an AI model acting as the counterparty to user trades, creating a unique market-making mechanism powered by artificial intelligence.

Why it matters: This represents an evolution in prediction markets, where AI doesn't just facilitate trading but becomes an active participant with real capital at stake. The model could revolutionize how prediction markets operate by providing constant liquidity and more efficient price discovery through algorithmic counterparty trading.

Source: Cointelegraph