Key facts
- Myriad will use Chainlink's oracle infrastructure for its 2026 FIFA World Cup prediction markets.
- Chainlink's Runtime Environment will handle market resolution and settlement.
- The integration aims to provide near-instant settlement and payment to users.
- Myriad recently closed a significant seed funding round.
- The platform is hosting a $100,000 trading competition on World Cup markets.
Prediction market platform Myriad has announced it will utilize Chainlink as the exclusive oracle infrastructure for its 2026 FIFA World Cup match prediction markets. This integration aims to automate and expedite the resolution and settlement processes for these markets, a significant upgrade from slower, manual methods.
Myriad's adoption of Chainlink builds upon its existing relationship, as the platform already employs Chainlink's Runtime Environment (CRE) for its cryptocurrency price markets. The use of CRE for the World Cup markets is intended to provide users with accurate resolutions and near-instantaneous payouts, fostering trust and long-term engagement, especially during the high-profile global sporting event.
Ilan Hazan, co-founder and COO of Myriad, emphasized the importance of reliable and swift outcomes for traders during major events like the World Cup. William Reilly of Chainlink Labs highlighted that Chainlink's tamper-proof, blockchain-powered oracles will enhance accuracy and reduce disputes for Myriad's global user base.
In conjunction with the World Cup markets, Myriad is running a $100,000 trading competition. The platform also recently secured a significant seed funding round, with notable investors including MoonPay Ventures, Auros, EVG, Verda Ventures, and Fundstrat co-founder Tom Lee. This funding follows Myriad's launch on BNB Chain and its development of automated markets.