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. Buterin Calls for Structural Overhaul of Prediction Markets On February 14, Buterin contended that while platforms like Polymarket have achieved significant volume and mainstre ...