Vitalik Buterin Warns Prediction Markets Face Collapse Without Fix

Ethereum co-founder Vitalik Buterin is calling for a fundamental restructuring of decentralized prediction markets. He argues that the sector’s current reliance on speculative gambling threatens its long-term viability.

This view comes as prediction marketplaces like Polymarket have enjoyed significant success over the past year.

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Buterin Calls for Structural Overhaul of Prediction Markets

On February 14, Buterin contended that while platforms like Polymarket have achieved significant…