Rain Trade launches its community-driven prediction market platform, with Mike Tyson leading the launch

FOMO has always been tied to major cultural moments, from spending thousands to watch the FIFA World Cup to refreshing social media during a reality TV finale or an election night. People no longer want to simply watch. They want to react, debate, predict, and feel part of the conversation about what comes next. 

Prediction markets have emerged as a way to do that, allowing users to forecast outcomes across politics, sports, entertainment, and global events. But many of the largest platforms still decide which questions are worth listing, leaving users to trade only on markets that have already been approved. 

To better reflect real-time conversations, Rain Trade has built a decentralized marketplace where users, not platform operators, decide which questions become markets. Instead of relying on a review-and-approval process, the platform allows anyone to create markets, in any language, around the questions, events, and conversations they care about.

Launching during the 2026 FIFA World Cup, Rain Trade is entering the spotlight at a moment when millions of fans are actively debating what happens next, with Mike Tyson leading the official launch campaign. 

Roy Shaham, CEO of Rain Protocol, the decentralized protocol layer Rain Trade is built on,  shared: “Traditional prediction markets have operated with a backward mentality.”

Users can launch public forecasts open to global audiences, create code-protected private markets for specific groups, and participate in any market that’s available to the public. Topics can range from the World Cup and reality TV finales to political developments, local debates, or niche community questions that might never appear on a centrally managed platform.

To help manage outcomes, Rain Trade offers both AI-powered and manual resolution options. Market creators can use automated, data-driven resolution tools or maintain direct control by determining the final outcomes themselves.

Shaham adds: “Fans are more creative, more engaged, and often more in tune with the moments that matter than any single commentator. Rain Trade is giving users the freedom to decide what deserves a market, and the World Cup is a perfect stage to show how powerful prediction markets can become when they are shaped directly by the communities participating in them.”

Rain Trade also introduces financial incentives to reward participation beyond trading. Market creators receive 1% of the total trading volume generated by markets they launch, while additional rewards are available to users who help close markets or propose the correct outcome. This creates a more collaborative approach to forecasting, where participants help determine which markets exist and how they grow. 

The platform is powered by Rain Protocol, the technology layer that allows developers to build their own prediction market applications. The launch of Rain Trade comes as the Rain ecosystem continues to expand, supported by more than $300 million in funding and liquidity commitments. 

Once viewed as a niche corner of the market, prediction markets are becoming a broader form of participation. As more users turn to forecasting, decentralized platforms are emerging as real-time reflections of public expectations, shaped by the communities driving the conversation.