Prediction markets are hot and since the USA election they seem to have proven to be profitable. And not just that it turns out like the prediction market can also benefit the blockchain as the cashflow would move a lot each poll. So the polkadot, polygon, optimism have proven concept on this.
Ronin blockchain the company who made the axie infinity is now also deploying the prediction market on the ronin chain. And for this they are making use of the community gaming company in this.
The platform makes use of the CGX token and also the amount of the platform benefit has been going on we are going to be seeing some seriously different set of the prediction market which focuses more on the involvement of the elements here. And this mean platform would be useful for variety of prediction market poll there.
In past year memecoins and the meme based prediction market made a good amount of money. And this also means that the way prediction markets are thriving it's reasonable to work around the overall growth of the market in general. So let's hope that this new platform on the ronin does something interesting in the due process as well.
You can check out the official announcement of this new platform and also the Forkast's updates.