Bayes Market Launches New Social Prediction Platform, Transforming Human Insight into Tradable Asset
In an era marked by AI, deglobalization, and geopolitical uncertainty, Bayes Market opens a fresh arena beyond traditional asset—a platform where insights about the future can be priced, traded, and monetized.
Trading on Probability, Filling Gaps in Traditional Finance
Bayes Market operates as a prediction market not relying on a single underlying asset, but around information. Users of prediction market trade on probabilities of events from geopolitics, climate to K-pop group comebacks base on their own believes.
Each contract's price reflects the market's collective assessment of an event's probability. Instead of forcing investors to hedge indirectly via ETFs or options, Bayes Market offers a direct hedge on the event itself, addressing a critical blind spot. Users can turn tomorrow's uncertainty into today's actionable trade, in a granular way.
Asian Dynamic Meets AMM
Bayes Market employs an Automated Market Maker (AMM) to deliver low‑slippage, high‑transparency trading experience. At the same time, the platform focuses on long‑tail events, making prediction approachable, diverse, and culturally relevant especially in Asia.
The team believes that everyone should be able to trade and create events that of their own interest. Bayes Market covers entertainment, pop culture, and social issues beyond macroeconomics and politics, embedding prediction in our daily lives. This unlocks the mass market adoption beyond crypto users.
Decentralized Market Creation
Bayes Market will soon let users initiate their own prediction events, whether it is a dating reality show or inflation. This challenges the existing paradigm where centralized institutions define tradable markets, turning prediction markets into a grassroots catalyst of shared reality. Stay tuned for Bayes Market's next version update.
An Ecosystem for a 'Cognition‑as‑Value' Market Economy
Bayes Market is now officially launched, supporting Bayes Points and USDC, with Points incentive programs. The platform invites data providers, content platforms, communities, and Web3 innovators to co‑create an ecosystem where cognition itself becomes a new type of value.
About Bayes Market
Bayes Market is founded by a cross‑disciplinary team specializing in market design, digital media, algorithmic modeling, and decentralized finance, dedicated to building a fairer and smarter information market.
Official Website: https://bayes.market
Contact: Chengcai Ji, [email protected]
View original content to download multimedia: https://www.prnewswire.com/news-releases/bayes-market-launches-new-social-prediction-platform-transforming-human-insight-into-tradable-asset-302509375.html
SOURCE Bayes Labs
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
21 minutes ago
- Yahoo
Tokyo's Nikkei leads Asian rally after Japan-US trade deal
Tokyo stocks rallied with the yen Wednesday after Japan and the United States finally hammered out a trade deal to slash Donald Trump's tariffs, including those on the crucial car sector. Investors were also cheered by news that Washington had reached agreements with Indonesia and the Philippines, stoking optimism that other countries will achieve deals to avoid the worst of the US president's levies. Despite a lack of deals being made leading up to Trump's self-imposed August 1 cut-off date, equity markets have been on the march in recent weeks on optimism that governments will eventually get over the line. Japan had been one of those yet to sign, despite a string of trips to Washington by trade envoy Ryosei Akazawa, dampening investor sentiment in Tokyo. But Trump said Tuesday that officials had agreed to a "massive" deal that would include a 15 percent tariff on imports from Japan, down from the previously threatened 25 percent. The pact also saw the 25 percent levy on autos -- a major export to the United States -- slashed to 15 percent. "We just completed a massive Deal with Japan, perhaps the largest Deal ever made," Trump announced on his Truth Social platform. "Japan will invest, at my direction, $550 Billion Dollars into the United States, which will receive 90% of the Profits." He did not provide further details on the investment plan, but claimed the deal "will create Hundreds of Thousands of Jobs." Japanese Prime Minister Shigeru Ishiba said that he needed to examine the deal before commenting. Akazawa wrote on X: "Mission accomplished." Traders poured back into the market, pushing the Nikkei up more than two percent thanks to soaring automakers. Tokyo and Mitsubishi rocketed around 12 percent and Nissan jumped more than nine percent. The yen strengthened to 146.20 per dollar -- compared with close to 148 Tuesday. The unit had already enjoyed a recent tick-up after Ishiba vowed to remain in office despite a devastating weekend election loss. Trump also hailed an agreement with Manila that will see the toll on Philippine goods lowered by one percentage point to 19 percent, while tariffs on Indonesia were slashed from 32 percent to 19 percent. Shares in Manila and Jakarta rose. The announcements boosted hopes that other deals could be in the pipeline before next Friday's deadline, though talks with the European Union and South Korea remain elusive for now. Still, US Treasury Secretary Scott Bessent said he would meet his Chinese counterparts in Stockholm next week for talks, as a separate mid-August deadline approaches for US levies on Beijing to snap back to steeper levels. Elsewhere in Asia, Hong Kong built on its 2025 surge to hit its highest level since late 2021, while Shanghai, Sydney, Singapore and Taipei were also well up. Seoul was flat and Wellington dipped. The advances came after a broadly positive day on Wall Street where the S&P 500 hit another peak but the Nasdaq snapped a six-day streak of records. Eyes are also on the release of earnings from Google parent Alphabet and other tech giants including Tesla and Intel. - Key figures at around 0200 GMT - Tokyo - Nikkei 225: UP 2.7 percent at 40,868.01 Hong Kong - Hang Seng Index: UP 0.6 percent at 25,287.68 Shanghai - Composite: UP 0.5 percent at 3,599.20 Dollar/yen: DOWN at 146.50 yen from 146.66 yen Tuesday Euro/dollar: DOWN at $1.1740 from $1.1755 Pound/dollar: DOWN at $1.3525 from $1.3532 Euro/pound: DOWN at 86.80 pence from 86.84 pence West Texas Intermediate: UP 0.3 percent at $65.52 per barrel Brent North Sea Crude: UP 0.3 percent at $68.79 per barrel New York - Dow: UP 0.4 percent at 44,502.44 (close) London - FTSE 100: UP 0.1 percent at 9,023.81 (close) dan/mtp
Yahoo
21 minutes ago
- Yahoo
Trump announces 'massive' Japan trade deal including 15% tariff
US President Donald Trump announced Tuesday a "massive" trade deal with Japan, cutting a threatened 25-percent tariff to 15 percent ahead of an August 1 deadline. Trump has vowed to hit dozens of countries with punitive tariffs if they don't strike a deal with the United States by next month. So far, Trump has only announced pacts with Japan, Britain, Vietnam, the Philippines and Indonesia, while talks continue with other trade partners. "We just completed a massive Deal with Japan, perhaps the largest Deal ever made," Trump said on his Truth Social platform. Trump said that under the deal, "Japan will invest, at my direction, $550 Billion Dollars into the United States, which will receive 90% of the Profits." He did not provide further details on the unusual investment plan, but said the deal "will create Hundreds of Thousands of Jobs." Japanese imports into the United States were already subject to a 10-percent tariff, which would have risen to 25 percent on August 1 without a deal. Duties of 25 percent on Japanese autos -- an industry accounting for eight percent of Japanese jobs -- were also already in place, as well as 50 percent on steel and aluminum. Japanese Prime Minister Shigeru Ishiba said on Wednesday in Tokyo that the autos levy was cut to 15 percent. "We are the first (country) in the world to reduce tariffs on automobiles and auto parts, with no limits on volume," he told reporters. "We think it is a great achievement that we were able to get the largest cut (in tariffs) among countries which have trade surpluses with the US," he said. This sent Japanese auto stocks soaring on Wednesday, including Toyota which rocketed more than 12 percent. US-bound shipments of Japanese cars tumbled 26.7 percent in June, stoking fears that Japan could fall into a technical recession. Last year vehicles accounted for around 28 percent of Japan's 21.3 trillion yen ($142 billion) of exports to the world's biggest economy. To Trump's annoyance, US-made cars sell poorly in Japan, with only hundreds sold annually for the likes of General Motors, compared to millions of Toyotas bought by US motorists. The US president also wanted Japan to increase imports of rice, the price of which has soared in recent months in the Asian giant, and of US oil and gas. - Rice imports? - But Trump said Tuesday that Japan has agreed to "open their Country to Trade including Cars and Trucks, Rice and certain other Agricultural Products, and other things." Rice imports are a sensitive issue in Japan, and Ishiba's government -- which lost its upper house majority in elections on Sunday -- had previously ruled out any concessions. Ishiba, whose future is uncertain following the election, said on Wednesday that the deal does not sacrifice Japan's agricultural sector. Trump has been under pressure to wrap up trade pacts after promising a flurry of deals ahead of his August 1 tariff deadline. Earlier on Tuesday, he announced a deal had been reached with the Philippines which would see the country face 19 percent tariffs on its exports. The White House also laid out details of a deal with Indonesia, which would see it ease critical mineral export restrictions and also face a 19 percent tariff, down from a threatened 32 percent. Indonesian goods deemed to have been transshipped to avoid higher duties elsewhere, however, will be tariffed at 40 percent, a US official told reporters Tuesday. After an escalatory tit-for-tat with China, the two major economies agreed to a temporary lowering of tariffs, with another round of negotiations expected next week in Stockholm. Since returning to the White House in January, Trump has imposed a sweeping 10 percent tariff on allies and competitors alike, alongside steeper levels on steel, aluminum and autos. Legal challenges to Trump's non-sectoral tariffs are ongoing. bur-stu/amj
Yahoo
21 minutes ago
- Yahoo
Side hustle earning Aussie up to $15,000 a year after 'rise in demand'
A Sydney woman has shared how she is making between $10,000 and $15,000 a year with a side hustle attending rental inspections. The rental market in Australia is still extremely competitive and it can be difficult for prospective tenants to attend inspections during the day or if they live interstate, providing a lucrative opportunity for some. Rose Le Sebvre has been doing rental inspections for others for the past five years, and was initially sparked during the pandemic when people weren't able to travel. The 58-year-old told Yahoo Finance she now often attends inspections for people who can't attend themselves due to work commitments, with some real estate agents also requiring someone to attend an inspection before applying. 'There are more and more weekday inspections coming up now. It used to be after hours on a Wednesday and weekends on Saturdays, but now there are open houses every day of the week, and that could be any time in the morning or afternoon,' she said. RELATED Couple's side hustle amid double redundancy secures $13 million fortune Centrelink's 'balancing' move could provide cash boost or expose debt Commonwealth Bank's fresh alert for millions over mass text message 'campaign' Le Sebvre works part-time in strata insurance valuation and said her job was flexible enough that she could attend inspections when they crop up. She gets the majority of her jobs through marketplace Airtasker, and also has relationships with real estate agencies, who recommend her to people who need multiple inspections done. She charges between $60 and $140 per job, depending on the size of the property in question. Each job usually takes between 45 minutes to one and a half hours. 'I offer two videos, so I do the streetscape outside the property, just showing the neighbourhood,' she said. 'I'll take notes of whether it's a combination of residential or retail and residential, what the parking is like, give them a rough idea of whether it's a quiet area or medium density. 'Then I do a walk-through internal.'Le Sebvre said she will point out any issues with the property, including wear and tear or mould, and show important aspects like storage space and stove tops, along with how many other people were at the inspection. She then provides 30 to 40 photos of the property, depending on its size, and marks their name off with the real estate agent. 'I can talk to them about the clients and give them a little bit of insight into them,' she said. Le Sebvre said the number of jobs she did each week varied, with some weeks averaging two or three jobs and others averaging eight. She is making between $10,000 and $15,000 a year with the side hustle. Initially, the money was put towards an overseas holiday, but this year she planned to use the extra cash to help with her daughter's upcoming wedding. Increased demand for people paid to attend rental inspections Airtasker said it has seen record demand for people being paid to attend rental inspections, with the biggest demand in Melbourne, followed by Brisbane and then Sydney. The average task price is between $40 and $200, with prices varying depending on how many inspections need to be completed. 'The rise in demand for property inspection tasks reflects the tightening vacancy rates in the rental market so it's great to see people tapping into the Airtasker community for help to make finding their next home easier,' Airtasker Founder and CEO Tim Fung said. Domain's latest Rent Report found that despite a slight easing in some cities, national vacancy rates are still below 2 per cent. Sydney vacancy rates are 1.1 per cent, Melbourne is 1.3 per cent and Brisbane 0.7 per cent. Darwin has the lowest vacancy rate at 0.3 per in retrieving data Sign in to access your portfolio Error in retrieving data
