augustxbt

We've done 4 rounds of airdrops while your favorite project has posted 4 tweets teasing its first drop

AirBnB just started offering weather Prediction Markets to it's users. Users can hedge bad weather at their destination by betting on rain levels. this is a trillion dollar usecase. here is how it works: - users choose to pay a small "insurance fee" (stake) when booking - payout is determined automatically based on the odds of rain - If it rains, payout is automatically credited to their account No claim, No verification, 100% automated. Essentially, this is a prediction market bet disguised as insurance. This is called a "Parametric insurance". And it's what will take prediction markets from the $600B gambling industry to the $8T insurance industry. Right now AirBnB is settling the bet through Chubb, a legacy insurance company, but they explicitly do NOT disclose their oracle anywhere. I wouldn't be surprised if they were already using @Kalshi behind the scenes. It would be incredibly easy for them to use Kalshi to : - receive accurate weather odds - handle market resolution - even settle payouts All the insurer would do is charge a premium over the odds and collect the difference. If this usecase takes on, @Kalshi & @Polymarket could become the backbone of a trillion dollars industry.

𝐇𝐄𝐀𝐑𝐓𝐁𝐑𝐄𝐀𝐊𝐈𝐍𝐆 𝐍𝐄𝐖𝐒: Jesús de Miguel has passed away at the age of 30 💔🕊️ CD Tenerife have announced the tragic passing of their striker Jesús de Miguel on Tuesday morning. During yesterday’s match against FC Andorra, De Miguel suffered a serious collision with the opposing goalkeeper in the closing stages of the game. He received emergency medical attention on the pitch before being taken to hospital, and the match was abandoned. Our thoughts are with his family, friends, teammates and everyone at CD Tenerife during this incredibly difficult time ❤️ Rest in peace, Jesús. 🕊️

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