2024 is considered an explosive year for the prediction market. Remember? At that time, these blockchain-based prediction platforms performed well in the U.S. presidential election – their data trends often reflected market sentiment faster than traditional polls.
Now that the election cycle's wrapped up, these platforms aren't idle. A lot of money and users' attention has shifted to the sports sector. Event prediction and sports betting have become new hot spots. This reflects the flexibility of prediction markets themselves – with sufficient liquidity and participants, any verifiable event can be traded.
From elections to sports, this shift also illustrates the fact that prediction markets are more than just political tools—their true value lies in capturing market consensus on any uncertain event.
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SelfCustodyIssues
· 11h ago
Predicting the market is indeed bullish, but to be honest, it's just gambling... Whether it's the elections or sports, fundamentally it's the same logic. The key is who can accurately capture people's hearts.
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CryptoSurvivor
· 22h ago
The recent election wave indeed made a huge profit. Switching to sports now is also reasonable... just worried that liquidity might not be able to support it.
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MissedAirdropAgain
· 22h ago
The recent election wave was indeed intense, with data reflecting results much faster than polls. However, now it seems a bit saturated with the focus on sports?
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gas_fee_therapist
· 22h ago
The prediction market is shifting from politics to sports, indicating that this thing is just a liquidity machine, always diving into the hottest topics. The real profit never comes from the predictions themselves, but from capturing the spread.
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FundingMartyr
· 22h ago
Are polls really just show and no substance, or does on-chain data tell the real story?
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MoonlightGamer
· 22h ago
Really? Are there people making money by predicting the market? I'm just here for fun.
Sports betting is indeed interesting, but whether there's enough liquidity depends.
From elections to sports lotteries, this transition is actually quite realistic... where there's money, there's a market.
Prediction markets are essentially gambling; don't dress them up so grandly.
2024 is considered an explosive year for the prediction market. Remember? At that time, these blockchain-based prediction platforms performed well in the U.S. presidential election – their data trends often reflected market sentiment faster than traditional polls.
Now that the election cycle's wrapped up, these platforms aren't idle. A lot of money and users' attention has shifted to the sports sector. Event prediction and sports betting have become new hot spots. This reflects the flexibility of prediction markets themselves – with sufficient liquidity and participants, any verifiable event can be traded.
From elections to sports, this shift also illustrates the fact that prediction markets are more than just political tools—their true value lies in capturing market consensus on any uncertain event.