reputation weighted prediction markets is an interesting unexplored concept

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Reputation being super subjective though 🤔

that’s the cool part

Yeah, I was gonna say who decides what reputation is

nostr data is open so there can be many different perspectives on the same underlying data set

data is open, but... "incomplete"

yeah they basically amp up traditional ones by scaling bets based on participants' track records. u can compare this to allora network's decentralized ai system, where models' predictions get boosted or nerfed according to historical accuracy. it’s cool coz it lets proven experts drive sharper collective insights while sidelining noisy amateurs

and this would only get cooler with time.

Early adopters and pretty ladies of course having superior reputation.

What you vibed yesterday is like a reputation zap poly… neat.

Surely someone on Nostr can just build this - brilliant!

I feel like it'll be the same as dollar weighted. It's usually those serial gamblers betting big money.

With hard money, markets will become reputation weighted prediction markets again. Fiat money made them unweighted prediction markets.

Ia there a paper on this. My intuition says reputation systems would "velvet rope" the wisdom of the markets, preventing new information from coming to the table... I'm intrigued though