The Lightspeed newsletter highlights the growing fascination with prediction markets in the crypto world, and shares insights from the Permissionless conference
Polymarket, the largest crypto prediction market, doesn’t allow bets from within the US due to legal regulations, and smaller prediction markets implement self-verification measures to avoid users from the US
Although there are some fundamental flaws with prediction markets, the crypto rails and user experience offered by platforms like Polymarket can make betting markets more efficient
The crypto community enjoys speculating, making prediction markets an appealing addition to the crypto space.
