I see that many institutions are talking about or even preparing to invest in the [prediction market] track

I think there are two problems that Polymarket and this track cannot solve🔻

1. How does Polymarket deal with the loss of shares in the election narrative pool after November? Currently, the pool related to the election narrative accounts for about 94% of the platform's TVL

2. Other projects in the same track cannot replicate Polymarket's performance during the US election

The two proposed demands of consumption and gambling cannot stand

In addition, if PolyMarket does not issue coins this year, it will easily become the next Opensea. If it does not issue coins, it will still want to obtain continuous If the market is paying attention, then either choose to announce that you will make a chain buffer

I think these are the two paths that Polymarket will choose this year or in the first quarter of next year: issuing coins or making a chain and releasing a test network

Opensea has sounded a very iconic alarm for the protocols that occupy the upstream business in the industry in the short term

As for other projects in the same track, basically don’t look at them in the short term. Domestic demand is insufficient, and external demand does not need you. The composition of this track is purer than the early oracle sector. Except for Polymarket, there are others

Many institutions prefer to pursue small and beautiful practical protocols, but most teams can only make a small product without beauty.