CZ on Prediction Market Development: Early Stage, Regulatory and Competitive Trends Still Pose Significant Uncertainties

BlockBeats News, January 14th, CZ stated in a Chinese AMA that the long-term outlook for the prediction market is very promising, but the short-term situation is still unclear.

This market is in its early stages. Taking Polymarket as an example, the platform currently only has one or two capable market makers, and they are focused on the sports section. The future faces many uncertainties, including regulatory challenges from various countries and competition in the market.