World, a Solana-based prediction market platform, is launching through the Phantom crypto wallet to compete with market leaders Polymarket and Kalshi. The platform aims to demonstrate what Solana makes possible through real-time markets, onchain settlement, and streamlined user experience, according to Solana Foundation's Head of Consumer Pedro Miranda. Prediction markets have emerged as a major growth area as platforms like Kalshi and Polymarket invest heavily in advertising campaigns and corporate partnerships, with Kalshi seeking capital at a $40 billion valuation.
World Integrates Chainlink Oracles and Phantom Wallet Access
World will be available through the Phantom crypto wallet, with Chainlink providing oracle infrastructure to enable immediate resolutions and instant payouts. By launching inside Phantom, the most widely used wallet in Solana, World is immediately accessible to tens of millions of active users without requiring a separate app download or additional wallet setup, according to an article shared on World's X account.
"Prediction markets are one of the most powerful applications you can build on a high-performance blockchain," Pedro Miranda said in the article. "World is designed to show what Solana makes possible: real-time markets, onchain settlement, and a user experience that meets people where they are."
Polymarket and Kalshi Accept Multiple Cryptocurrencies
Of the two major players, Polymarket is the most crypto native, accepting various cryptocurrencies that it then converts into Circle's USDC stablecoin. Kalshi accepts USDC, Solana, and Bitcoin, then converts them to fiat USD.
Coinbase, Robinhood, and DraftKings are all also involved in offering clients access to prediction markets where users can wager on sports, politics, economic events, and even the weather.
FAQ
What is World and how does it differ from other prediction market platforms?
World is a Solana-based prediction market platform launching through the Phantom crypto wallet. It differentiates itself by offering real-time markets, onchain settlement, and immediate access to tens of millions of Phantom users without requiring a separate app download, with Chainlink providing oracle infrastructure for immediate resolutions and instant payouts.
Which cryptocurrencies do Polymarket and Kalshi accept?
Polymarket accepts various cryptocurrencies that it converts into Circle's USDC stablecoin. Kalshi accepts USDC, Solana, and Bitcoin, then converts them to fiat USD.