Bitcoin (BTC) and cryptocurrency exchange Crypto.com announce an exclusive partnership with entertainment site Hollywood.com; New market prediction products.
This offer focuses on entertainment industry eventsmovies, awards shows, TV show results, and more.
According to the official statement, Event contract is provided by Crypto.com Derivatives North Americais an exchange entity registered with the U.S. Commodity Futures Trading Commission (CFTC) as a designated contract exchange and derivatives clearing organization.
The partnership will give Hollywood.com users access to predictive contracts and the ability to trade based on their opinions on industry developments.
Travis McGhee, Managing Director of Global Capital Markets at Crypto.com, said: “As the prediction market continues to grow (…), we partnered with a leading entertainment media company to give our clients new ways to interact.”
Mitchell Rubenstein, co-CEO of Hollywood.com, emphasized: The platform aims to differentiate itself from prediction markets focused on sports and politics.focuses solely on entertainment. “We’re creating a whole new way for fans to engage with the content they’re passionate about,” he said.
CriptoNoticias reported on how Polymarket is dominating the crypto gambling industry, even though the entertainment niche is not the company’s strong suit.
Contract prices are updated in real timewhich allows users to react to industry events. Products are available and promoted through the Hollywood.com platform.
(Tag Translation) Cryptocurrency
