Now available in open beta, MYRIAD is the evolution of Decrypt and Rug Radio’s interconnected media ecosystem, integrating on-chain prediction markets into news stories and creator content.
Here’s how it works, and how to get started.
What is MYRIAD?
MYRIAD is a new platform that integrates prediction markets alongside written and video content from Decrypt and Rug Radio—enabling new forms of reader engagement, opening up new business models for publishers and content creators, and ultimately aiming to rebuild user trust in media.
How to get started with MYRIAD
Creating an account
- Head to myriad.markets.
- Click “Download MYRIAD extension.”
- You’ll be sent to the Chrome Web Store, where you can click “Add to Chrome” to download the MYRIAD extension.
- Click the MYRIAD extension and then click “Login” to create an account or log in. You can choose whether you want to register or sign in using social logins or email.
- Check your email for the verification link, then click through to set up your profile.
Finding your way around MYRIAD
Once you’ve registered for MYRIAD, head to myriad.markets to view the main hub for MYRIAD activities. Along the top of the page you’ll see several options:
- Markets: Your hub for hot markets and activity.
- Earn: Take part in MYRIAD Quests to earn points.
- Leaderboard: See how you stack up against others
- News: View the latest news stories and related prediction markets.
- Portfolio: Track your points and active predictions.
What are MYRIAD prediction markets?
MYRIAD’s on-chain prediction markets are the heart of the platform, enabling users to back their calls on real-world events with Points. Those events can include anything from sports and crypto to gaming and politics.
As more people take part in the prediction market, the odds shift in real-time, indicating what outcome the community thinks is likely to happen.
MYRIAD’s prediction markets are made up of “shares” with values ranging from between 0 to 1 points, with its value correlating to the percentage chance of it winning. So if a share for outcome A in a prediction market is valued at 0.53 points, the market reckons that outcome A has a 53% chance of happening.
When the market resolves, the price goes to 1 point a share for whichever outcome took place; thus, the lower the odds of something happening, the cheaper betting on it becomes—and vice versa.
How to take part in MYRIAD prediction markets
To take part in MYRIAD prediction markets, you’ll first need to have installed the MYRIAD Chrome extension, which you can download at myriad.markets.
Relevant MYRIAD prediction markets appear embedded alongside Decrypt and Rug Radio content. You can also view Featured Predictions within the Chrome extension.
To view all MYRIAD prediction markets, click “Visit Dashboard” within the extension and then click “Markets.”
Regardless of how you’re viewing a prediction market, participating is simple: simply click the button under the market corresponding to the outcome you think is more likely to happen, and type in the number of points you want to bet. There are buttons to bet 5%, 10% or 100% of your points holdings. Once you’ve selected how many points you want to bet, click the button below the market to bet them.
You can also click on the title of any market to go through to its page, which provides a chart showing how betting intentions have varied over time, along with the rules for resolving the market.
If an event is cancelled, you’ll get your points back, or MYRIAD will settle based on whatever official information is available.
What are MYRIAD points?
Points are your ticket to everything on MYRIAD. You can bet them in prediction markets, jump into community contests, and climb the leaderboards against other players.
MYRIAD points can be earned by participating in different activities throughout the ecosystem, such as connecting your social media accounts, reading stories on Decrypt and watching Rug Radio videos.
You can also earn points through completing MYRIAD Quests, which set a series of linked tasks such as reading a Decrypt story and then completing a quiz based on it, with points awarded for completing each task.
You’ll receive 100 points initially for installing the MYRIAD browser extension, so you can get started with MYRIAD prediction markets straight away.
Points are an in-platform currency and have no real-world monetary value, but they’re essential for taking part in prediction markets and measuring your success on the MYRIAD platform.
Help! Something’s not working!
MYRIAD is launching in open beta, so while we’re aiming to provide a streamlined experience out of the box, there may be some teething problems! If you encounter a bug or other issue, let us know by filling out our support form.
How does Myriad protect my account?
MYRIAD is committed to providing a safe, secure experience for users. Your account is protected by:
- Secure authentication using email or wallet login.
- Blockchain-based security for transparent and secure transactions.
- Data encryption to protect your information.
To try MYRIAD,
