NEXTPredict Paid $12,000 to Hedge Its Conference on a Prediction Market
Summary
NEXTPredict spent $12,000 on a prediction market to hedge risks surrounding its upcoming conference. The organization is specifically targeting potential flight cancellations that could impact the event.
Where event insurance deals with scrapped shows and what happens inside the venue, NEXTPredict is focusing on flight cancellations.
Source: Read the full story at Decrypt
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