Prediction markets have existed for decades, but the risks involved have prevented them from being established. However, with the help of the Ethereum blockchain, knowledgeable players can earn a fair amount of money. When predictors and researchers collect data to predict the probability of future events, the probability of prediction is high. Players have been betting on a variety of games, from cents to millions, for decades without trusting third parties. In such scenarios, classic gambling is the first platform to revolutionize the concept of smart contracts. Only some systems at the prediction platform like gnosis and Augar have applied the Ethereum blockchain. The prediction marketplace may be a powerful platform to make use of Ethereum Blockchain's clever contracts. This may be a prediction for the final results of a soccer match, an election campaign, auctions, etc. the individuals are invited to make their predictions and they're in addition rewarded once they expect appropriately with the assistance of trustless clever contracts operated at the Ethereum blockchain. Thus, the idea of Ethereum blockchain may be utilized in any sort of betting, playing, or maybe in figuring out whether or not a corporation must make a deal or release a product or now no longer simply with the aid of making the complete method profitable and cheaper.