🚨The prediction market is expected to quintuple by 2030, reaching approximately US$ 10 billion, driven by the growing demand from users and the acceptance of blockchain-based financial services 📈. Platforms that lead the sector, with companies moving to enter this lucrative market.
- *Projected growth*: The sector is expected to grow from US$ 2 billion annually to US$ 10 billion by 2030.
- *Hedge fund participation*: Some hedge funds are betting on events like changes in monetary policy and other factors.
- *Opportunities*: The blockchain-based prediction market could become an important part of the sports betting industry, with binary options in areas such as economics, finance, and macroeconomic events.
- *Expansion*: The ability to offer binary options beyond sports is the main difference of blockchain-based platforms.
The prediction market is about to make a significant leap, with the potential for exponential growth 📊.