Ethereum co-founder Vitalik Buterin shared his experience of making $5 through prediction market arbitrage, where one profits from variations in odds or prices across different platforms. However, Buterin acknowledged that automated bots now dominate this market, making it difficult for manual traders to compete. Despite this, prediction markets such as Polymarket are gaining popularity among serious investors, offering a decentralized platform for speculation on actual events. This has attracted interest from both institutional and retail investors due to its unique approach to hedging against or profiting from future uncertainties.
- Content Editor ( u.today )
- 2024-10-23
Ethereum Founder Vitalik Buterin Made $5 on This