Recently, there have been many reports indicating that the traditional gambling industry is beginning to eye prediction markets with keen interest. This in turn signals a message — prediction markets are being increasingly valued and recognized by the traditional world.

Looking at the performance of existing prediction market projects, on-chain cold start projects like Limitless can reach a market capitalization of 600 million USD, which is quite impressive. With this momentum, future prediction market projects are indeed worth spending more time researching.

Many industry insiders have recently been paying attention to some new directions in prediction markets, which also confirms the growing enthusiasm for this track. The current wave of prediction markets feels like just the beginning.