Solana-based prediction market BET has hit a new milestone of $20 million in its daily volume, according to Dune Analytics data.
However, a deeper look reveals a downward trend in BET’s trade count over the past three days, raising questions about how the $20 million volume was achieved.
Despite this, the milestone is noteworthy as BET launched less than two weeks ago. This suggests that BET successfully engages Solana users interested in blockchain-based prediction markets.
Notably, BET users have wagered more than $23 million across four political bets. Over $20 million of this is on Kamala Harris winning the popular vote in the upcoming election, while around $2.3 million is on Donald Trump winning the 2024 Presidential Election.
Prediction markets
Decentralized prediction markets like Polymarkets have grown in popularity over the past year, especially with the upcoming US elections. These platforms allow users to pool insights on future events, often offering less biased predictions due to the financial stakes involved.
For context, Polymarket has seen unprecedented growth, reaching its highest trading volumes and user participation for consecutive months.
However, the rise of these platforms has sparked debate about their role in public discourse. Some praise them as valuable social tools, while others argue they resemble gambling.
Ethereum co-founder Vitalik Buterin has praised prediction markets like Polymarket for their potential as “social epistemic tools,” arguing they provide a unique way for the public to engage in collective forecasting.
Critics, however, believe Polymarket’s election-related markets mirror traditional gambling more than unbiased forecasting, raising concerns that participants may use these platforms primarily for arbitrage opportunities between prediction markets and mainstream betting platforms.
Moreover, the US Commodities Futures Trading Commission (CFTC) and lawmakers, including crypto cynic Senator Elizabeth Warren, have raised concerns about the impact of these bets on public interest and called for their restrictions.
can you get clomid prices clomid pills price at clicks order generic clomiphene without insurance can i purchase cheap clomiphene prices clomid generic rx clomid can you buy cheap clomiphene pills
I got what you intend, thankyou for putting up.Woh I am pleased to find this website through google.
More posts like this would make the online elbow-room more useful.
I couldn’t hold back commenting. Adequately written!
order azithromycin 250mg without prescription – order generic ofloxacin 400mg flagyl 200mg tablet
order rybelsus 14 mg – order generic rybelsus buy periactin 4 mg without prescription
buy cheap generic motilium – order motilium for sale flexeril price
inderal 20mg cheap – inderal pills methotrexate 2.5mg sale
purchase amoxil sale – buy ipratropium generic buy ipratropium tablets
order zithromax 500mg online – order nebivolol pills buy generic nebivolol
amoxiclav online order – https://atbioinfo.com/ order generic ampicillin
buy esomeprazole cheap – https://anexamate.com/ order esomeprazole 40mg
warfarin 2mg pill – https://coumamide.com/ cozaar where to buy
oral meloxicam 7.5mg – tenderness meloxicam sale
order deltasone 5mg pill – corticosteroid order prednisone 40mg online cheap
best ed pills non prescription – https://fastedtotake.com/ buy erectile dysfunction medication
purchase amoxicillin pills – amoxil uk amoxil price
buy fluconazole 200mg generic – diflucan for sale forcan over the counter
cenforce 100mg oral – https://cenforcers.com/ cenforce over the counter
cialis cost at cvs – https://ciltadgn.com/ cialis 100mg from china
cialis blood pressure – site pharmacy 365 cialis
viagra sale jamaica – https://strongvpls.com/ 50 mg sildenafil tablets
This website really has all of the low-down and facts I needed adjacent to this participant and didn’t comprehend who to ask. order lasix pills
Facts blog you possess here.. It’s intricate to on high quality writing like yours these days. I honestly respect individuals like you! Rent care!! https://ursxdol.com/amoxicillin-antibiotic/
The vividness in this serving is exceptional. https://prohnrg.com/product/atenolol-50-mg-online/
This website exceedingly has all of the information and facts I needed about this thesis and didn’t comprehend who to ask. acheter du kamagra en ligne