On December 22, the BNB Chain ecosystem has new developments as the leading prediction market platform Kalshi officially connects to this public chain. This means that users can directly use their BNB and stablecoins held on-chain to trade predictions of real-world events.
In simple terms, it means moving the action of "guessing events" on-chain. Previously, when participating in such platforms, users had to cross chains, change wallets, and adjust network configurations, which involved a lot of troublesome operations and could easily go wrong. Now, by directly depositing BNB or stablecoins, transactions can be executed at lightning speed, eliminating those cumbersome intermediary steps.
Kalshi itself boasts ample liquidity and good activity in the global prediction market. Now that it is connected to this public chain, ecological users can access this platform in one go, and the improvement in operational experience is tangible.
There are two types of accounts in detail: the Kalshi account in the United States can directly deposit and withdraw using on-chain native BNB and USDT; the international account supports three assets: BNB, USDT, and USDC through associated trading channels. In other words, different users have different convenient pathways.
The gameplay of prediction markets is actually not complicated - it's about betting real funds on the outcome of whether a certain event will happen or not. Who wins the election, when policies will be implemented, the final results of sports events—all of these can become trading targets. For users in the crypto space, the logic of participating in such markets is actually very familiar; it's just that the platform and asset form have changed.
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GasFeeCryBaby
· 12-23 03:26
Another on-chain integration, the operational experience has indeed been simplified a lot.
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SighingCashier
· 12-22 21:50
To be honest, this is just moving gambling on-chain; no matter how good the liquidity is, it doesn't change the essence.
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FlashLoanKing
· 12-22 21:49
Playing in the prediction market is mostly just a gambling mentality, it's just a different disguise.
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RunWithRugs
· 12-22 21:49
Another promise of "simplified operation"; it sounds good, but there are always pitfalls when you actually use it.
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MysteryBoxBuster
· 12-22 21:48
Another guessing game has gone on-chain, this time with a new name called prediction market.
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DaoDeveloper
· 12-22 21:32
ngl the composability angle here is what actually gets me excited - native asset settlement removes so much friction from the user journey. the dual account model feels like pragmatic governance design tbh
On December 22, the BNB Chain ecosystem has new developments as the leading prediction market platform Kalshi officially connects to this public chain. This means that users can directly use their BNB and stablecoins held on-chain to trade predictions of real-world events.
In simple terms, it means moving the action of "guessing events" on-chain. Previously, when participating in such platforms, users had to cross chains, change wallets, and adjust network configurations, which involved a lot of troublesome operations and could easily go wrong. Now, by directly depositing BNB or stablecoins, transactions can be executed at lightning speed, eliminating those cumbersome intermediary steps.
Kalshi itself boasts ample liquidity and good activity in the global prediction market. Now that it is connected to this public chain, ecological users can access this platform in one go, and the improvement in operational experience is tangible.
There are two types of accounts in detail: the Kalshi account in the United States can directly deposit and withdraw using on-chain native BNB and USDT; the international account supports three assets: BNB, USDT, and USDC through associated trading channels. In other words, different users have different convenient pathways.
The gameplay of prediction markets is actually not complicated - it's about betting real funds on the outcome of whether a certain event will happen or not. Who wins the election, when policies will be implemented, the final results of sports events—all of these can become trading targets. For users in the crypto space, the logic of participating in such markets is actually very familiar; it's just that the platform and asset form have changed.