Project description

"Crystal Ballin'" is a fortnightly podcast that delves into the world of forecasting and prediction markets, covering a wide range of topics including politics, economics, sports, and entertainment. We are avid forecasters who aim to make sure each episode features insightful discussions and interviews with experts, analysts, and enthusiasts who offer their unique perspectives on the latest trends and innovations in forecasting and prediction markets.

The show explores the different techniques and approaches used in forecasting, ranging from statistical models to artificial intelligence and machine learning. Listeners can learn about the various applications of forecasting, including predicting the outcomes of elections, stock market fluctuations, and consumer trends.

The podcast also covers the emerging field of prediction markets, where individuals can buy and sell shares in the likelihood of certain events occurring. "Crystal Ballin'" provides a deep dive into the inner workings of prediction markets, examining the factors that affect their accuracy and reliability. The show explores the ethical implications of prediction markets, discussing the potential for manipulation and abuse. Additionally, the podcast offers a historical perspective on forecasting and prediction markets, tracing their development and evolution over time.

Listeners can expect to gain a better understanding of how forecasting and prediction markets work, and how they can be used to make informed decisions in a wide range of fields. The show provides insights and analysis that can be useful for investors, business leaders, policymakers, and anyone interested in staying ahead of the curve. With its engaging format and thoughtful commentary, "Crystal Ballin'" offers a unique and insightful look into the world of forecasting and prediction markets.

In addition to exploring existing prediction markets, "Crystal Ballin'" also delves into the creation of new markets and the process of establishing resolution criteria. The show may feature discussions on the different types of prediction markets that can be created, such as binary or multi-outcome markets, and the factors that should be considered when designing a new market.

Once a prediction market is created, the podcast may engage in lively debates on the resolution criteria that should be used to determine the outcome of the market. This can be a complex and nuanced process, as there are often multiple factors to consider and different perspectives to weigh. The show may explore the different approaches to resolution criteria, including using objective measures such as vote counts or statistical data, as well as subjective criteria such as expert opinions or crowd consensus.

"Crystal Ballin'" may also discuss the role of market makers in prediction markets, and how they can influence the outcomes of markets through their pricing and trading strategies. The show may examine the ethical implications of market making, and explore the ways in which these strategies can either promote or hinder the accuracy of prediction markets.

By exploring the creation of markets and the establishment of resolution criteria, "Crystal Ballin'" offers listeners a comprehensive understanding of the prediction market landscape. The show's engaging format and thoughtful discussions provide insights and analysis that can be useful for anyone interested in the world of forecasting and prediction markets.

The show will frequently invite guests from the prediction market community to share their insights and expertise. The guests on "Crystal Ballin'" may include analysts, researchers, investors, and other professionals who work in or closely with prediction markets. These guests bring a wealth of knowledge and experience to the show, and can provide unique perspectives on the latest trends and developments in the field. Through engaging interviews and discussions, guests on "Crystal Ballin'" can offer listeners a deep dive into the nuances of prediction markets, including their strengths, weaknesses, and ethical implications. They may share case studies and real-world examples of prediction markets in action, and offer practical advice on how to make the most of these markets.

What is your track record on similar projects?

Podcast hosted by Brian T. Edwards (@bte) and Devon Schmidt (@DesTiny)

How will you spend your funding?

We will purchase 3 Shure SM7B Microphones and a Mac Mini to capture highest quality audio and facilitate storage and editing. Total production costs approximately $2500.