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I noticed an interesting trend in prediction markets. Kalshi and Bezel launched a joint project with event contracts for luxury watches. The idea is simple: now you can trade based on specific outcomes in the world of collectible watches.
For example, betting on whether the price of Rolex will exceed a certain level, or on Patek Philippe's decision regarding the release of a particular model. It sounds niche, but it's a logical development — they have already launched similar event contracts for sneakers, Labubu figurines, and Pokémon cards.
What's interesting here? Prediction markets are gradually expanding beyond traditional financial assets and politics. Collectible items are a large market, and people do pay attention to prices and rare releases. It makes sense that speculative interest will also move there.
This could be the beginning of a broader trend, where event contracts become a tool for any niche markets with demand for forecasting. It'll be interesting to see how this ecosystem develops further.