Prediction markets are quietly becoming one of the most noteworthy infrastructures in the crypto ecosystem. It seems simple, but in reality, these applications can bring new possibilities in on-chain decision-making, capital allocation, and more.
Currently, there is an interesting development — a hackathon focused on prediction markets on a leading public chain has entered the final voting stage. The top five community-selected projects will have the opportunity to receive up to $1M in funding. These competitions are quite effective at filtering out innovative ideas with vitality and also provide developers with a direct funding channel. If you are interested in early-stage project opportunities, this kind of ecosystem activity is worth paying attention to.
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FadCatcher
· 01-07 03:00
The prediction market wave has really arrived, but it still feels like the same old faces are going in circles.
Wait, is $1M in funding enough for standard projects? Or is it just a gimmick?
For hackathons, how many projects that raise money can survive more than half a year?
This round of prediction market enthusiasm is noticeably cooler than the last DeFi summer.
It feels like we're just hyping concepts again; truly usable prediction applications still haven't emerged.
But on the other hand, direct financing is indeed developer-friendly, saving a lot of BD work.
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OnchainFortuneTeller
· 01-06 21:10
The prediction market is getting popular, but it seems most people are still asleep.
Another hackathon, another funding round—feels like the routines are all the same... but being able to discover good projects is indeed valuable.
Wait, $1M split into five projects? On average, that's not much.
Who was optimistic about prediction markets this time last year? Now everyone is starting to hype it up. I just love this contrast.
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QuorumVoter
· 01-06 09:15
Predictive markets are indeed interesting, but honestly, with hackathons and fundraising, how many reliable projects can this approach produce?
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YieldChaser
· 01-05 05:46
Prediction markets are really about to take off. I've been optimistic about this track for a long time, and now there's finally some movement.
Hackathons like this are indeed great; being able to raise $1M directly will definitely motivate developers, much more reliable than those superficial events.
Wait, which are the top five projects? Has anyone compiled a list?
It would be great if we can truly identify good projects this time. I'm just worried it will be another bunch of concepts.
Those with ideas should participate early. The direct financing channel is no joke.
The potential of prediction markets is indeed huge; it all depends on who can actually develop something useful.
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NFTDreamer
· 01-05 05:43
Prediction markets are just gambling with a different disguise, but on-chain data is indeed quite interesting.
The hackathon's $1M was ultimately snatched up by the big players.
Can these competitions really identify good projects, or are they just another way to harvest profits from newcomers?
The top five funding amounts sound impressive, but it depends on how much can actually be realized in the end.
Prediction markets have been popular for two years, but why haven't we seen a true killer app yet?
Instead of focusing on early-stage projects, it's better to study which ones can truly survive the next bear market.
Innovative ideas with vitality? There are too many in this ecosystem that are just filling space.
Funding channels are straightforward, but what about ongoing support? That's the real key.
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MetaverseLandlord
· 01-05 05:39
Prediction markets are really underrated; they seem way more interesting than the DeFi gameplay.
The $1M pool for this hackathon can definitely attract a lot of participants, but I'm just worried that the same old faces will end up taking it all.
Early project opportunities are easiest to spot in competitions like this. I need to check out what interesting ideas are out there.
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MEVHunterWang
· 01-05 05:32
Prediction markets do have some potential, but how many can really survive?
Hackathon funding sounds good, but I'm just worried it's another new trick to cut the leeks.
$1M sounds like a lot, but if divided among five projects, how much does each get...
This competition is okay, but the key is who can really make it to the exchange in the end.
Prediction markets have been popular for so long, but I haven't seen any killer apps yet.
Everyone talks about early opportunities, but the pitfalls are even earlier, my friend.
This round of hackathon projects seems average; I'm not very optimistic.
On-chain decision-making sounds very advanced, but what are the practical use cases?
Another round of funding and hackathons—this routine has already been played out in Web3.
To be honest, prediction markets do have real value; it all depends on who can figure it out.
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VitalikFanAccount
· 01-05 05:28
Prediction markets do have some potential, but very few actually survive
The $1M pool for this hackathon looks quite tempting, but it still depends on whether the final projects are reliable
By the way, this kind of fundraising method is indeed more transparent than VC, at least the community can participate
Can the top five get funding? It feels like the competition will be very fierce
The imagination space for prediction markets is indeed large, it all depends on who can really create a differentiated product
This type of ecosystem activity is definitely worth paying attention to, but don’t be blinded by fundraising hype
It feels like another annual "innovation" wave, just cyclical prosperity
The probability of producing quality projects at hackathons is actually not as high as imagined
$1M seems large, but divided among five projects, each gets only about 200k, which is hard to see clearly
Has the competition in the prediction market track become this intense?
Prediction markets are quietly becoming one of the most noteworthy infrastructures in the crypto ecosystem. It seems simple, but in reality, these applications can bring new possibilities in on-chain decision-making, capital allocation, and more.
Currently, there is an interesting development — a hackathon focused on prediction markets on a leading public chain has entered the final voting stage. The top five community-selected projects will have the opportunity to receive up to $1M in funding. These competitions are quite effective at filtering out innovative ideas with vitality and also provide developers with a direct funding channel. If you are interested in early-stage project opportunities, this kind of ecosystem activity is worth paying attention to.