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World Launches Onchain Prediction Market on Solana Through Phantom
The platform, launched in July, allows trading on crypto prices and the 2026 FIFA World Cup, utilizing Chainlink for data verification.
World, a prediction market built on Solana, went live on July 1 inside the Phantom wallet and at world.xyz. The platform enables users to trade event contracts related to cryptocurrency prices and the 2026 FIFA World Cup. It relies on Chainlink as its primary oracle infrastructure, which provides external data to the smart contracts, instead of human resolution.
The prediction market's use of Chainlink oracles ensures that the data used to settle bets is accurate and tamper-proof, which is crucial for maintaining trust in decentralized platforms. The platform's launch marks an expansion of onchain prediction markets, leveraging Solana's fast and low-cost blockchain environment.
This development could influence the perception and adoption of prediction markets within the crypto ecosystem, potentially encouraging more projects to utilize Chainlink oracles for reliable data feeds. It also highlights ongoing innovation in decentralized finance (DeFi) and onchain betting applications.
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