Prediction market Myriad leverages the developer platform as a data layer for image storage and has begun integrating with Walrus.
The partnership builds on Myriad’s ambition to become a “fully on-chain” prediction market protocol, replacing traditional storage models that combine decentralized and cloud storage.
“This integration ensures that all market artifacts across Myriad are immutably and verifiably stored on-chain, ensuring tamper-proof and publicly auditable provenance,” said Ilan Hazan, co-founder and chief operating officer of Myriad.
Myriad’s move to decentralized storage and on-chain market data means all of its output is “complete and fully verifiable,” said Rebecca Simmons, managing executive at Walrus. “They are tamper-proof, they are an accurate record of what happened, what the outcome was, what was paid, and that has been around since time immemorial and cannot be changed.”
That is also important for establishing trust among Myriad’s users, she said, and also “if Myriad ever finds itself in a situation where it needs to be audited or wants to start operating in a regulated market.”
Simmons added that Myriad’s efforts to present prediction market results on-chain creates a data source with “very interesting” applications such as decentralized finance and AI models. AI models can use validated price feeds and evidence sets, while DeFi protocols can reference those same evidence to collateralize positions or trigger automatic payments.
This opens the door to further applications using Myriad’s market data, Simmons said. “We have a great record of people putting money behind their opinions,” she said, calling it “the purest form of polling available.”
“Once you start building that, you can do a lot of really interesting analysis as an AI or government policy maker to understand how groups think about things.”
walrus and myriad
This partnership builds on our existing relationship with Walrus. decryptionstarted storing articles, images, and videos on a decentralized storage protocol earlier this year, creating an “immutable public archive of journalism.”
Through this partnership, Myriad will also explore integration with other elements of the Sui stack, including Seal, a proprietary confidential management platform.
Hazan said further integration with Myriad will expand that collaboration and advance Myriad’s mission to realign incentives in the media ecosystem. “Together, Myriad and Walrus are building the infrastructure for a more open and accountable web where data, trust, and ownership belong to users.”
