Meaning of assassination market | Babel Free
Definitions
A prediction market where one can bet on the date of death of an individual.
Examples
“Earlier this month, the non-profit Forecast Foundation launched its Augur protocol on the Ethereum network in a bid to create⟳ the first blockchain-based betting platform. Now, Augur is hosting several wagers where users bet⟳ on when a public figure⟳ will die⟳, with a pot of digital money going to whoever makes the correct⟳ guess⟳. This type⟳ of betting is referred to as an “assassination market” because it arguably incentivizes someone to guarantee⟳ a win⟳ by offing the person themselves.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See also
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