Meta is about to take Polymarket's lunch


Meta is developing a prediction market app, directly competing with Polymarket and Kalshi.
The Web3 community spent years proving that the "prediction market" track is viable, but traditional internet giants just copy it the moment they see profits.
Polymarket was on fire during the U.S. election last year, and now Meta is coming with 1 billion users.
Is this "Web3 being recognized by the mainstream" or "another crushing blow from the giant"?
My take: The track is validated by Web3, but traffic harvesting is done by big tech.
If DeFi projects only rely on the word "decentralized" as their moat, they'll be copied sooner or later.
#Meta #Polymarket #预测市场 #Web3
KALSHI-5.42%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments