2026-01-23 07:23:20

As people reach middle age, they tend to make fewer choices. Investment directions also need to be streamlined—Bitcoin, cigarettes and alcohol, Texas, gambling—all these are repeatedly cycled among the same few options.

Recently, I came across an interesting direction: traditional internet entrepreneurs are starting to develop on-chain prediction markets. The logic is quite clear—using blockchain and cryptocurrency mechanisms to attract millions of users who originally only used platforms like Bet 365 into the crypto space. It’s no longer about competing within the crypto community for existing assets, but genuinely attracting new users from Web2.

Prediction markets inherently have strong demand, but the infrastructure was lacking before. Now, with on-chain rights confirmation, smart contract automatic settlement, and decentralized oracle pricing, the gameplay can become very diverse. From political predictions and sports events to various derivatives trading, this is where DeFi truly takes root—not just for TVL or APY, but to solve real user pain points.

What the crypto world needs is this kind of breaking-the-circle thinking—stop always trying to squeeze more out of existing users.

BTC-0,24%

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.

5 Likes

Reward
5
6
Repost
Share

Comment

0/400

OldLeekConfession

· 13h ago

Prediction markets indeed have room for imagination, but to be honest, most of the Web2 bosses coming in are probably just aiming to make a quick profit and then leave, so don't be too optimistic. --- Middle-aged people should focus, I agree with that, but Bitcoin smoking, drinking, and Texas hold'em... sounds like justifying their own entertainment reasons, huh. --- Breaking the circle of thinking is not wrong, but the infrastructure of on-chain rights confirmation and smart contracts is still too unstable, don't be brainwashed by hype. --- I respect the logic of attracting users from Bet365, finally someone thought of this, the crypto circle has been too self-indulgent for too long. --- Most people playing prediction markets are still here to gamble, solving pain points? Don't be silly, most just want to go all in.

View OriginalReply0

BottomMisser

· 13h ago

Predicting markets is indeed interesting, but honestly, even if Web2 folks get involved, they might not be able to handle the on-chain logic. Breaking the circle is one thing, but the key is to have truly useful products; otherwise, it's still a hot potato.

View OriginalReply0

GasWaster

· 13h ago

The prediction market sector indeed has potential, but the key is who can make the experience smooth and seamless. After all this time of breaking barriers, there are really only a few who can truly retain Web2 users.

View OriginalReply0

BlockchainFries

· 13h ago

Prediction markets do have potential, but it all depends on who can truly retain Web2 users. The crypto community is always thinking about taking a quick profit and then leaving, trust is still an issue. --- Middle-aged people's multiple-choice dilemma: Bitcoin plus smoking and drinking, sounds a bit hopeless haha. --- Honestly, digging users from Bet 365 is a feasible idea, but whether the UI experience can be well-designed is another matter. Don’t make it as complicated as DeFi. --- Are on-chain oracle price feeds stable? If something goes wrong, the sports betting sector could become a joke. --- Breaking out of the circle, breaking out of the circle, it's easy to say, but in reality, it’s just the old tricks—high APY, users will run. --- This time is different, right? Prediction markets are indeed a necessity, unlike those air projects. --- I’ve learned the middle-aged crisis investment rule—it's so simple and straightforward.

View OriginalReply0

GasFeeLady

· 13h ago

ngl the prediction market play is where the real gas optimization happens—finally something that doesn't just chase tvl metrics like a degeneracy speedrun

Reply0

SoliditySurvivor

· 13h ago

Predictive markets indeed have imagination, but the key still depends on who can truly retain users. Otherwise, it will just become a game of capital harvesting users again.

View OriginalReply0