Meta to Invest $3 Million in Crypto Prediction Market Better Opinions

Meta is proposing to invest in Better Opinions’ seed financing round of up to $3 million, valuing the startup at under $25 million, two sources said. If the talks materialize into a deal, it will be the first time Meta takes stake in a seed-stage Indian startup. Better Opinions is building what it has described to investors as “the prediction market” for India. The eponymous app allows individuals to trade their opinions on everyday topics and win real cash based on how good those predictions turned out. These everyday topics include predicting the price of a cryptocurrency token at a specific future time, box office collection of new titles and views a YouTube will be able to garner during a specific period.