Prediction markets about to eat a $100B pie 🥧
Just chopped it up with @cjhtech from @trylimitless — turns out onchain prediction markets aren't just crypto degeneracy, they're a regulatory minefield sitting on top of a money printer.
Here's the alpha:
• Regulators can't decide if this is gambling or derivatives (spoiler: it's both and neither)
• Up-down markets went viral because normies finally get it
• Sports + esports + live in-game betting = where the real volume lives
• Limitless pushing for a regulated US exchange while running global ops
• Community ownership via token = actual skin in the game
• Institutional money sniffing around for hedging plays
• AI agents trading on prediction markets = the obvious next move
The kicker? Five years from now this could look like a mini Bloomberg terminal for prediction markets. F1 markets, live odds, AI bots placing bets faster than you can refresh your feed.
Wild that we're still early on something this obvious. Prediction markets should've been a thing decades ago but legacy finance was too scared to touch it.
Onchain fixes this. As usual.
Just chopped it up with @cjhtech from @trylimitless — turns out onchain prediction markets aren't just crypto degeneracy, they're a regulatory minefield sitting on top of a money printer.
Here's the alpha:
• Regulators can't decide if this is gambling or derivatives (spoiler: it's both and neither)
• Up-down markets went viral because normies finally get it
• Sports + esports + live in-game betting = where the real volume lives
• Limitless pushing for a regulated US exchange while running global ops
• Community ownership via token = actual skin in the game
• Institutional money sniffing around for hedging plays
• AI agents trading on prediction markets = the obvious next move
The kicker? Five years from now this could look like a mini Bloomberg terminal for prediction markets. F1 markets, live odds, AI bots placing bets faster than you can refresh your feed.
Wild that we're still early on something this obvious. Prediction markets should've been a thing decades ago but legacy finance was too scared to touch it.
Onchain fixes this. As usual.