The prediction market sector is gaining traction on the BNB Chain, following a suggestion by a prominent figure in the crypto community to establish a project there with backing from Yzi Labs. This comes after the success of Aster, which demonstrated the power of the BSC, Yzi Labs, and CZ combination. The project Opinion, already invested in by Yzi Labs in 2024, has announced its entry into the space, signaling the start of a competitive race among similar projects.
Binance is reportedly providing unprecedented support to projects in this sector, with Meme Rush utilizing the platform as a launchpad. This strategic focus raises the possibility of future expansions into event contracts based on these prediction market projects, suggesting a significant shift in Binance's resource allocation strategy.
Yzi Labs-Backed Prediction Market Projects Gain Momentum on BNB Chain
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