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What is the outlook for the prediction market sector? A clear look at the current bottlenecks
【Blockchain Rhythm】The prediction market is a long-term big opportunity in this track, but it’s not the time to compete for the top yet.
To put it simply, it’s still too early. Taking the most active prediction platforms today as an example, only a few players truly have the ability to market-making, and they are all concentrated in sports betting. Liquidity is centralized, and the variety is limited. This is the current situation.
Looking ahead, there are many troubles. On one side, governments around the world are figuring out how to regulate this, and the regulatory framework is still a tangled mess. On the other side, competitors sensing business opportunities are already sharpening their knives. Who can survive in this competition is still uncertain.