The prediction market landscape is seeing significant developments with new platforms and substantial investments. Polymarket, powered by Polygon, remains a leader in the space, showing strong performance last week. Meanwhile, Intodotspace is set to launch soon, offering 10x leverage prediction markets on Solana, having raised $12 million against a $2.5 million ask, backed by the UFO team valued at $1.5 billion.
Additionally, Trylimitless has gone live following a $10 million raise, which included investment from Coinbase Ventures. In its first week, the platform reported a trading volume of $4 million, generating $13,000 in fees and $297 in revenue. These developments highlight the growing interest and investment in prediction markets, with platforms like MindoAI, Helios Layer1, DeepNodeAI, PerceptronNTWK, and C8ntinuum also gaining attention.
Prediction Markets Expand with New Platforms and Investments
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