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Gate’s Jason Fung: Prediction Markets Should Be Open Ecosystems

Gate’s Head of Global Partnerships, Jason Fung, argues that prediction markets should not merely serve as trading venues but evolve into open ecosystems where users can create markets. He emphasizes user-driven market creation as a key to broader adoption and innovation.

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AI take

The pitch reframes prediction markets from curated venues into permissionless platforms, which matters because market creation is the bottleneck that keeps such products narrow. If users can list their own questions, the range of outcomes priced expands well beyond elections and sports, though the same openness raises questions about liquidity fragmentation and who vets dubious contracts. Whether platforms actually cede listing control, or keep a gatekeeping layer, is the open question worth watching.

Generated by AI for reference only.

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