Event Contract
A financial contract that pays out based on the outcome of a defined real-world event.
In plain English
A contract tied to a real-world event. If the event resolves the way the contract specifies, it pays out.
A financial contract that pays out based on the outcome of a defined real-world event.
In plain English
A contract tied to a real-world event. If the event resolves the way the contract specifies, it pays out.