Wisdom of Crowds: Why Prediction Markets Still Shine in Dark-Side Risks

Prediction markets are rising strongly, from the hundreds of millions of dollars raised by Kalshi and Polymarket to their growing applications across crypto and traditional finance.   Considered a new asset class, prediction markets promise to change how people consume information — instead of reading headlines, they will look at odds to assess probabilities. Behind this enormous potential, however, lie the risks of regulation, manipulation, and herd behavior, forcing investors to remain cautious in the face of this “data wave. ” When Prediction Markets Become “An Asset Class” Prediction markets are emerging as forecasting tools and a new asset class within the crypto ecosystem source: https://beincrypto.com/wisdom-of-crowds-why-prediction-markets-still-shine-in-dark-side-risks/