Prediction markets are not new. Each year they do come every now and then. And they fall into compliance issues around the world. Some get approval on the web. Now with the crypto there is a rising demand of the KYC. And that is the only way they can keep them around.
In short the sports is going to be getting the compliance and also the blockchain based prediction markets are going to be on chain with compliance as govt gets more alert. Take example of the Football fun which is in the same business. They have 5 leagues signed up under them so far.
The platform is not only selling the merchandise and the token but also has the prediction market for the matches of the leagues they signed up with. So there is going to be a growth for them as a platform. And they have launched the token FUN under the Solana chain. That ecosystem would be boosting them too.
It's a gambling platform. And do note that the way these markets work, a lot of dark money or blood money is often poured into the alt coins like these. So not always a good idea to engage in them unless your stars are aligned to gamble and burn and be rich along the way. But yeah platform like these are for the prediction gamblers.
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