Close Menu
    Facebook X (Twitter) Instagram
    Thursday, May 28
    X (Twitter) Instagram LinkedIn YouTube
    Chain Tech Daily
    Banner
    • Altcoins
    • Bitcoin
    • Crypto
    • Coinbase
    • Litecoin
    • Ethereum
    • Blockchain
    • Lithosphere News Releases
    Chain Tech Daily
    You are at:Home » Myriad launches $100K World Cup contest
    Crypto

    Myriad launches $100K World Cup contest

    James WilsonBy James WilsonMay 28, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Prediction market Myriad has launched a World Cup contest with a $100,000 prize pool ahead of the 2026 tournament

    Summary

    • Myriad opened a trading contest tied to the 2026 World Cup, with $100,000 split between top traders and makers.
    • The platform launched with over 75 multi-binary markets covering every match in the tournament.
    • President Farokh Sarmad says the event showcases how prediction markets work around global sports.

    Prediction market Myriad has opened a trading competition built around football’s 2026 World Cup, putting $100,000 on the line. The contest runs in collaboration with layer-1 blockchain D.Energy.

    The launch lands as prediction markets push deeper into mainstream sports betting. Myriad launched the FIFA World Cup 2026 Prediction Contest with more than 75 multi-binary markets, letting users trade on every single match in the tournament.

    How the World Cup contest works

    The top three traders take home $20,000, $10,000 and $5,000 respectively, with a further $10,000 split across the rest of the leaderboard. Top makers draw on a separate $5,000 weekly pool, with the leaderboard reset each week.

    Market resolution runs through Chainlink oracles, while real-time sports data comes via Myriad’s tech partner 55 Tech. Both underpin how the contest settles each match outcome.

    “We’re thrilled to be running this contest during the World Cup,” said Myriad Co-Founder and President Farokh Sarmad. “With billions of viewers tuning in to the tournament from around the world, this is a great opportunity to showcase how prediction markets work around sports tournaments on a global stage.”

    Myriad is built by Dastan, the parent company of media outlets Decrypt and Rug Radio. The contest builds on a seed round the platform closed earlier this year to fund product and liquidity expansion.

    Why prediction markets are chasing sports

    The timing is deliberate. Prediction markets have moved from a crypto niche into one of finance’s fastest-growing sectors, a shift crypto.news has tracked as monthly volumes climbed toward tens of billions of dollars.

    Rivals are racing for the same attention. Polymarket and Kalshi already list live World Cup markets, and the sector faces fresh scrutiny after Spain moved to block both platforms.

    Institutional interest is climbing too, with Polymarket recently partnering with Nasdaq’s private-markets arm. Around 1.5 billion viewers watched the last World Cup final in Qatar, according to FIFA, giving Myriad a global stage to convert that audience into traders.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleJustin Sun fights a lot of lawsuits on behalf of companies he doesn’t own
    Next Article Elizabeth Warren wants Trump and SEC probed over crypto ties
    James Wilson

    Related Posts

    Groq lines up $650m for ‘neocloud’ spin-out after $20b Nvidia deal

    May 28, 2026

    Solana price hovers near $83 as bulls try to defend key support zone

    May 28, 2026

    Williams says Middle East war is lifting US inflation as $2.5T crypto market cap reels from energy shock

    May 28, 2026
    Leave A Reply Cancel Reply

    Don't Miss

    Groq lines up $650m for ‘neocloud’ spin-out after $20b Nvidia deal

    Elizabeth Warren wants Trump and SEC probed over crypto ties

    Myriad launches $100K World Cup contest

    Justin Sun fights a lot of lawsuits on behalf of companies he doesn’t own

    About
    About

    ChainTechDaily.com is your daily destination for the latest news and developments in the cryptocurrency space. Stay updated with expert insights and analysis tailored for crypto enthusiasts and investors alike.

    X (Twitter) Instagram YouTube LinkedIn
    Popular Posts

    Groq lines up $650m for ‘neocloud’ spin-out after $20b Nvidia deal

    May 28, 2026

    Elizabeth Warren wants Trump and SEC probed over crypto ties

    May 28, 2026

    Myriad launches $100K World Cup contest

    May 28, 2026
    Lithosphere News Releases

    This feed has expired. Please contact us for pricing options.

    May 5, 2026

    AGII Introduces Scalable AI Execution Layer for Decentralized Systems

    May 1, 2026

    Lithosphere Deploys Full-Stack Development Environment for AI-Native Applications

    May 1, 2026
    Copyright © 2026

    Type above and press Enter to search. Press Esc to cancel.