Prediction market hub Polymarket and actual property buying and selling platform Parcl have teamed as much as launch a brand new suite of markets designed to convey every day pricing on housing markets into the evolving world of event-based buying and selling.
The partnership pairs Parcl’s real-time housing value indices with Polymarket’s on-chain prediction market infrastructure, permitting merchants and analysts to specific their views on future house value actions with out the complexity of direct property possession or lengthy holding durations.
Parcl will provide unbiased index knowledge and settlement reference values, creating an goal benchmark that markets on Polymarket will use to settle outcomes, providing a verifiable and auditable supply of fact for individuals.
Says Trevor Bacon, CEO of Parcl,
“Prediction markets are gaining substantial momentum and signify a paradigm shift in how views are expressed, and fact is recognized…
Parcl is the supply of fact for real-estate pricing, and we consider actual property ought to be a significant class throughout the prediction-market ecosystem. Polymarket is a pioneer within the area, and we’re excited to accomplice with them.”
Each groups count on the framework to scale as demand grows, rolling out further cities and standardized tooling to streamline market creation.
Polymarket’s chief advertising officer emphasised the worth of clear knowledge and clear decision in constructing belief and increasing using prediction markets into actual property.
“Prediction markets work greatest when the information is evident, and the end result could be verified with out debate… Parcl’s every day housing indices give us a powerful basis to launch housing markets that settle transparently and persistently. Actual property ought to be a first-class class in prediction markets, and this partnership is how we get there.”
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