A “reciprocal environment” for readers
Daily Debrief Newsletter


$93,495.00
5.82%$1,802.81
13.94%$2.23
7.19%$618.48
2.98%$151.28
8.58%$0.999904
-0.00%$0.182534
13.13%$0.695124
11.12%$0.248062
0.61%$1,801.65
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28.61%$14.56
11.13%$9.07
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7.13%$0.183417
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14.33%$0.00
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14.52%$1.00
-0.03%$0.999867
0.00%$2.24
6.30%$0.235274
19.92%$93,216.00
7.58%Reading
Decrypt has officially integrated on-chain prediction markets platform MYRIAD into its site, with readers now able to make predictions on embedded markets directly within Decrypt stories.
Launched by Decrypt’s parent company DASTAN, MYRIAD is the evolution of Decrypt and Rug Radio’s interconnected media ecosystem, integrating on-chain prediction markets into news stories and creator content.
From today, users will be able to interact with MYRIAD prediction markets directly on Decrypt without having to download the MYRIAD browser extension.
“The goal is to have markets that are very relevant to the Decrypt article, enhancing the reader experience,” said DASTAN co-founder and COO Ilan Hazan. The launch of fully integrated prediction markets on Decrypt represents a “first step towards completely rethinking the business model for media,” he added.
Now available on Abstract, 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 aim...
Speaking at Consensus 2025 in February, DASTAN co-founder and President Farokh Sarmad explained that MYRIAD’s dynamic participatory model realigns incentives in the media ecosystem, “from the bottom back up.” Historically, he said, “the person who's gotten the least amount of value from media is the reader, and it should start from there. It's supposed to be top down.”
At Consensus 2025 in Hong Kong, DASTAN CEO Loxley Fernandes and President Farokh Sarmad discuss how on-chain prediction market MYRIAD's dynamic participatory model offers a new solution for aligning incentives in the media ecosystem.
With the launch of USDC markets on MYRIAD earlier this month, its ecosystem rewards users for making accurate predictions, and provides a new revenue stream for publishers and creators.
At Consensus, DASTAN CEO Loxley Fernandes explained that the platform creates a “reciprocal environment,” incentivizing readers to “participate in the creation of the news cycle and help us find sources of truth.”
“The goal for Decrypt since we created it has been to go beyond covering the crypto and Web3 space, and actually integrate the technology into our offering,” Hazan said. He added that, “We're really proud to be leading the way in transitioning away from extractive business models, towards one where the value in the system will be evenly distributed among advertisers, publishers and creators.”
MYRIAD, the on-chain prediction market from Decrypt and Rug Radio parent company DASTAN, has launched USDC markets on its platform. The milestone means that for the first time, MYRIAD users can make predictions using Circle’s regulated stablecoin USDC, which can be redeemed 1:1 for U.S. dollars. “USDC markets is huge for us,” DASTAN co-founder and President Farokh Sarmad told Decrypt. He explained that with USDC markets on MYRIAD, “predictions are real-time consumer sentiment,” adding that the p...
Decrypt and Rug Radio’s parent company DASTAN brought its vision for its new prediction market platform MYRIAD to Consensus Hong Kong, with the company’s President Farokh Sarmad arguing that it will be “a good champion” for the crypto space. Speaking on the ‘Predicting Media Success’ panel alongside DASTAN CEO Loxley Fernandes, Sarmad explained that the prediction market’s integration with Decrypt and Rug Radio offers a new model for aligning incentives in the media ecosystem. Historically, he s...
MYRIAD, the on-chain prediction market from Decrypt’s parent company DASTAN, is teaming up with Paris Blockchain Week for its Start in Block competition. As part of the event, MYRIAD will run a community contest on its decentralized prediction market, inviting participants to make predictions based around the Start in Block competition. The competition will see hundreds of crypto startups battling it out for a share of over $10 million in prizes, with more than 400 investors in attendance. Twelv...