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Could Prediction Markets be The Next Frontier in Blockchain and DeFi? 💥🤔 They've gained rapid adoption over the course of 2024 📈 There is over $1bn riding on the US Election on Polymarket alone 🤯
Prediction Markets have an issue ⚠️ And GenLayer might be the solution. Our chief @kstellana discussed with @techbrieflycom how Intelligent Contracts can enhance efficiency in Prediction Markets. Dive in 👇 https://t.co/NGfmTTRNOy
The main driver of this growth is @polymarkets, which recently accumulated $473 million in trading volume driven by the U.S.election. Want to know how? Read our full report: https://t.co/HWQJI8CWPS https://t.co/zAAbjcskWq
The crypto prediction market industry has seen significant growth in 2024, reaching a valuation of $1.4 billion. A major contributor to this surge is Polymarket, which has accumulated $473 million in trading volume, largely driven by the U.S. election, with over $1 billion riding on it. The industry has also seen innovations such as PredX_AI's built-in parlay feature and GenLayer's Intelligent Contracts aimed at enhancing market efficiency.
