X @Messari

RT Dylan Bane (@dylangbane)We don’t need more prediction markets.We need better ones.Liquidity depth (the main problem facing prediction markets) is correlated to attention. Due to the 80/20 rule just a select few markets will capture the vast majority of attention and hence volume.Only sophisticated traders and institutions will have the motivation and capacity to capture alpha on long tail markets.However - most long tail markets are heavily rigged in favor of insiders. The difficulty of gaining an edge o ...