On-chain platforms remain small in comparison. Limitless generated ~200K YTD. This suggests that the category has meaningful demand, with traditional platforms scaling faster than decentralized ones so far.
The open question: Will decentralized prediction markets achieve similar traction, or will regulatory clarity determine the growth curve?
There is already a significant gambling problem in society
1. sports betting (should never have been put in people's pockets, keep it at the casino)
2. cryptos (effectively)
3. a segment in the trad stock market (re: wallstreetbets)
The growth curve is determined by how many gambling addicts they can tap into and take away from non-prediction market outlets
nehanshu6192•1h ago