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I think prediction markets have really changed over the past few years. In the past, they were seen as "like a casino," but that's no longer the case. They are now increasingly recognized as a means to track news and obtain information.
In fact, prediction markets are not just gambling; they are systems where people predict what will actually happen, and the market is formed based on the accuracy of those predictions. In other words, collective wisdom is reflected in the prices. This also functions as a media outlet.
On the media side, there is a growing movement to utilize prediction market movements as a source of information. Industry media like CoinDesk can track the trends in prediction markets to understand the collective view of market participants. While maintaining editorial independence, they incorporate prediction markets as a multifaceted source of information.
The reason prediction markets shed their "casino" label ultimately lies in their transparency and immediacy. News flows, and the market's reaction to it is reflected in the prediction market. By visualizing this process, prediction markets have started to serve as a means for people to track information.
This trend is also linked to the development of institutional digital asset platforms. As infrastructure improves, prediction markets are evolving from mere speculative venues to parts of the information economy. In the future, prediction markets are likely to be integrated even more as a routine source of information.