Challenges and development of decentralized prediction platforms
Despite global market turbulence, including liquidations and nervous uncertainty, prediction markets are rapidly growing and becoming one of the most active niches. This sector now extends far beyond simple event betting — entire ecosystems are forming around it, with new platforms, DeFi integrations, and projects offering potential airdrops. In this context, Polymarket represents just the tip of the iceberg.
Source Incrypted
The article explores why prediction markets have evolved beyond mere betting, the challenges hindering sector scalability, and how platforms address event verification. It also compares Polymarket, Kalshi, and new on-chain projects, while analyzing popular formats incorporating gamification, DeFi, and media. The emergence of ecosystem products and early participation opportunities is also highlighted.
Given ongoing technological advancements and innovations, this niche is expected to expand further and integrate with various digital economy sectors, potentially boosting its popularity and functionality.
