Phyrex|May 20, 2026 08:22
Recently, there have been some changes in the direction of the prediction market. After facing consecutive setbacks, many entrepreneurs believe that it is better to join Polymarket or Kalshi for content distribution, or to target these two platforms for segmented markets, rather than operating as an independent market.
From my personal understanding, although I cannot say that this direction is wrong, the ceiling of this direction is still very limited. Refining the track can indeed make users' attention more focused. Even if external traffic is introduced and compliance issues are solved, it is still difficult to make profits if the conversion rate does not increase.
It's like a hotel, beautifully decorated with all the necessary certifications and staffed by Michelin chefs. It sells the largest number of advertisements worldwide every day and supports customer service in eight languages and payment in sixteen currencies. However, there are very few people who can sit down and eat in the restaurant every day.
This is the current dilemma, which is not due to compliance, payment, promotion, or racial issues, but rather the attractiveness to users.
Promoting an annualized 20% investment plan in a casino can indeed attract some people, but compared to those who come to the casino to play games, how much can it attract? Predicting market profits is not something that can turn cryptocurrency users upside down. Most projects that can be won only have a certain annualized return.
Predicting the market is indeed gambling, but recommending it to gamblers is a very wrong understanding.
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