Camp Network will be introducing music festival IPs to the market, with the first stop kicking off this weekend at the DWP Music Festival.

Mars Finance reports that Camp Network has announced it will be introducing a prediction market model to the music festival IP space for the first time. The first event will launch this weekend at the DWP music festival, which attracts over 90,000 attendees. Fans will be able to predict in real-time the performances of top artists such as Skrillex, Calvin Harris, and Steve Angello. Camp Network stated that this marks the first time the multi-billion dollar prediction market has been combined with a large-scale music festival setting. Traditional predictions are mostly focused on sporting events; Camp Network's innovative model will provide music fans with a completely new interactive experience. The platform plans to roll out this model to over 50 music festivals worldwide, reaching millions of fans and continuously expanding the application scenarios of Web3 in the cultural and entertainment field.