Polymarket, a decentralized prediction market platform, has reported a surge in user activity as over $15 million has been wagered on a single category for the upcoming Oscars. This significant influx of bets highlights the growing interest in using blockchain-based platforms for event prediction and gambling. The Oscars, a major annual event in the entertainment industry, has attracted considerable attention from Polymarket users, reflecting the platform's expanding influence in the prediction market space.