Fanatics launches prediction market
 

Ah yes, the great nexus of sports, gambling, crypto and memorabilia. Should be great for the integrity of the games.

As a general matter, we need more ethicists in this world.

Man I feel old. I read the article and still have no idea what this is. WTF are we betting on exactly?

You're not alone.
I read wikipedia, and still have no idea how it works.

It says "sports, culture and music" - I'm guessing it's stuff like "who will win this or that Grammy or Emmy award, how long will this musical say on Broadway", stuff like that. Who will be Time magazine's "person of the year" etc