With the 2024 US Presidential Election just around the corner, prediction markets like @PolymarketHQ and @Kalshi are buzzing with activity📊

These platforms offer unique insights into public sentiment, moving beyond traditional polling—but they're also facing intense regulatory compliance pressures. For example:

@PolymarketHQ is required to exclude US-based users due to regulations. This means tightened verification and extra scrutiny, especially for larger wagers.

Meanwhile, @KalshiInc, operating legally in the U.S., has to ensure users are over 18 and located in the U.S. or its territories. This compliance process often requires gathering sensitive user data, raising privacy and security concerns.

Could zk proofs be the solution for compliance without compromising user privacy?

The answer is YES.

Let's break it down🧵👇