🟠 PremiumBlock Launches Non-Custodial Hub for Prediction Markets, Perpetuals, and Web3 Poker
PremiumBlock is rolling out a new non-custodial hub that blends prediction markets, perpetual futures, and Web3 poker. The entire game is wallet-focused, which means you retain control over your crypto assets 💰, betting on everything from sports to macroeconomic events. They allow users to create their own markets, a huge step for surfacing niche narratives before they hit the mainstream. Expect leverage up to 2.5x on some of these user-generated bets, but remember, with greater leverage comes greater liquidation risk 🔥.
In addition to predictions, they are adding perpetual contracts, offering long/short positions with no expiry dates. This means traders can ditch the constant capital moving between various platforms and keep everything in one spot. It’s all about streamlining the degens’ workflow, eliminating friction when transferring funds between exchanges and prediction sites.
The Web3 poker component is the third pillar of this project, aiming to be a transparent alternative to outdated sites. Think quick deposits, instant withdrawals, and zero custody from the operator. This is a direct play for crypto-native players who are fed up with withdrawal delays and account control from the old guard.
📊 This launch could lead to some capital rotation from isolated prediction or poker platforms to PremiumBlock, potentially increasing liquidity on its new markets. However, its impact on major crypto assets like BTC and ETH is likely to be minimal in the short term.
Ready for the new degen hub? 👇
#predictionmarkets #perpetuals #web3poker #noncustodial #leverage