Solana's Project World has launched as an on-chain prediction market, enabling trading on events like crypto prices and the FIFA World Cup.
World is now fully operational, allowing users to trade on various events.
Solana's latest endeavor, Project World, has officially launched as a fully functional on-chain prediction market. Accessible through the Phantom wallet and at world.xyz, the platform utilizes Chainlink's oracle infrastructure for market data.
World enables users to trade contracts on events such as cryptocurrency prices and the 2026 FIFA World Cup. Future expansions will likely include markets on sports, geopolitics, and macroeconomic events, as highlighted in the project's announcement.
After generating significant buzz on social media with minimal details, Project World has finally revealed its purpose. Users can engage in trading directly from their Solana wallets, ensuring that all transactions, including positions, settlements, and redemptions, are conducted entirely on-chain using the CASH stablecoin.
According to Pedro Miranda, head of consumer at the Solana Foundation, “Prediction markets represent one of the most impactful applications that can be developed on a high-performance blockchain.” He emphasized that World aims to showcase Solana's capabilities by providing real-time markets and seamless on-chain settlements.
Chainlink's technology will support World by offering market data and a resolution framework, reducing reliance on manual processes that have historically complicated prediction markets. This move aligns with a broader trend among platforms like Polymarket that are transitioning to oracle-based settlements.
World is not the only player in the prediction market space on Solana; Jupiter also launched its Forecast beta recently, featuring quick 15-minute bitcoin price markets. World’s launch marks the beginning of several planned partnerships that will enhance its distribution across both crypto and traditional financial platforms throughout July.
