NEXTPredict’s JFK Hedge Resolves No as Summit Debates Market Limits

NEXTPredict’s Kalshi contract tied to JFK flight cancellations resolved “No,” giving its New York summit a concrete example of prediction markets as a business-risk tool while speakers debated their role in journalism and elections. NEXTPredict arranged the contract ahead of the Oct. 22-23 summit at Convene Hudson Yards. The terms set a $12,000 premium for potential coverage of up to $3 million. The contract resolved “No” on its flight-cancellation condition; that outcome applies to the contract’s stated terms. The condition concerned whether at least 50% of scheduled passenger and cargo flights at John F.

Source: TokenPost