10 Prediction Market Projects to Watch After Polymarket

2025.02.05

10 Prediction Market Projects to Watch After Polymarket

Prediction markets will no longer be one-size-fits-all; future platforms will become more specialized, optimized for specific domains.

2025.02.05 - 03:03:48

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Prediction markets will no longer be one-size-fits-all; future platforms will become more specialized, optimized for specific domains.

Author: michaellwy

Compiled by: TechFlow

In my previous article, I proposed 10 trends and ideas about the future development of prediction markets. If you missed it, here's a quick recap:

Markets trending toward shorter durations: According to Polymarket data, the average lifespan of a prediction market is 21 days, while the median is only 4 days, indicating that short-term predictions are more popular than long-term ones.
Modular dispute resolution mechanisms: Future platforms may adopt multi-tiered dispute resolution systems, gradually achieving higher decentralization and enhancing incentives for dispute resolution participation.
AI as truth arbiters: Unlike optimistic oracles relying on token-holder voting to determine outcomes, we can train specialized AI agents dedicated to judging and verifying prediction market results.
AI agents participating in prediction markets: If AI agents gain wallet management and transaction execution capabilities, they can actively engage in trading and activities within prediction markets.
Market specialization and segmentation: Prediction markets will move beyond one-size-fits-all models; future platforms will become more specialized, optimized for specific domains.
Integrated insurance functionality: As transaction sizes grow larger, insurance markets will naturally emerge, with participants seeking risk mitigation through insurance.
Mobile-first interfaces: Future prediction market platforms will prioritize mobile design, balancing intuitive operation and user experience with advanced features.
Integration of yield-bearing stablecoins: Currently idle funds earn no returns, but yield-bearing stablecoins (YBS) can generate interest income from users' idle balances.
Layered information markets: Prediction markets might evolve into layered structures—base layers predicting specific event outcomes, while upper layers interpret and aggregate these predictions.
Conditional markets: Conditional markets allow users to place bets contingent on certain conditions (e.g., "if X happens"), offering more flexible "if-then" forecasting tools.

In this article, I’ve compiled a list of 10 prediction market projects worth watching. Some of these projects are actively developing the trends and functionalities mentioned above, while others are exploring even more innovative possibilities.

Let’s dive in!

1. Opinion Protocol (@opinionlabsxyz)

Opinion Protocol is a decentralized platform where users can create markets permissionlessly. Supported by Binance Labs, the platform aims to streamline market creation, improve price discovery efficiency, and provide scalable infrastructure for decentralized applications (dApps).
Users can create prediction markets using any token, which enables Opinion Protocol to support a more open ecosystem compared to more centralized platforms.
Its consensus oracle verifies on-chain data via decentralized consensus and cryptoeconomic incentives, effectively reducing the risk of 51% attacks through a design that randomly selects jury members and grants each an equal vote.

2. True Markets (@Truemarketsorg)

True Markets combines news media with market sentiment, allowing users to bet on real-world events via prediction markets and using a multi-layer oracle system to determine outcomes.
The platform recently raised $4.03 million through a Patron NFT sale, with Vitalik Buterin purchasing 400 NFTs.
The system uses a three-stage dispute resolution mechanism:

  1) Initial disputes can be filed within 6 hours by posting a $250 bond, resolved by the Oracle Council;

  2) Further appeals require a $5,000 bond, resolved by TRUE token holders;

  3) Final disputes are adjudicated by 11 randomly selected “provers” from a pool of 100 reputable individuals.
The platform aims to generate market-driven data points around news and events, leveraging a tiered dispute resolution process to achieve greater decentralization and stronger economic incentives.

3. Tmr.news

tmr.news is a prediction platform where users bet by submitting one-sentence guesses about the next day’s New York Times front-page headline.
Rewards are distributed based on semantic similarity between predicted and actual headlines, assessed using large language models (LLMs). Markets resolve via blockchain-based cryptographic verification, ensuring transparency and trustless validation. The platform is built on Base.
A 10% fee plus standard gas costs apply when claiming rewards, providing users with a secure and innovative way to predict news.

4. Fr.market (@frdotmarket)

fr.market is a gamified platform centered on music preferences, allowing users to bet on others’ music tastes or broader music trends.
It uniquely blends music fandom culture with game mechanics, creating a fun and competitive environment where music enthusiasts can test their intuition and knowledge.

5. Bettensor (@Bettensor)

Bettensor is a decentralized sports prediction market built on the Bittensor network, using a unique reward mechanism to incentivize accurate predictions of sports outcomes.
Participants receive a daily simulated balance of $1,000 to place bets on odds for sports events. Scoring is based on profits from successful bets over the past two days, calculated at the odds recorded at submission time.
The system creates a competitive environment that generates valuable odds and prediction data. Participants can use any method (human intuition, AI models, or statistical analysis), with successful predictors earning rewards and underperformers potentially being disqualified.

6. Hookt (@Hookt_app)

Hookt is a mobile-first prediction market platform designed to make betting as easy and fun as swiping on Tinder.
With a swipe-based user experience (UX), Hookt simplifies the betting process, enabling fast wagers on short-term events such as sports matches, cryptocurrency price movements, or pop culture happenings.

7. Sweep (@trysweep)

Sweep is a gamified prediction platform designed around live content, allowing users to bet during live events—e.g., “Will XX get 15 kills in the match?”—and wager using two different currencies.
The platform uses a dual-currency system: non-exchangeable “Coins” for casual play and interaction with streamers, and redeemable “Sweep Cash” that can be converted into real money.
Users can predict various live-stream outcomes—from match results to specific challenges—adding a layer of real-time interactivity to existing content. Sweep transforms passive viewing into active prediction games, enabling deeper audience engagement through real-time forecasts.

8. PredX (@PredX_AI)

PredX differentiates itself through its AI-driven approach to market creation and analysis. The platform uses generative AI-powered agents that actively analyze multiple data streams—including price charts, news sources, and sentiment data—to generate predictions and analytical insights for market outcomes.
For example, in Bitcoin price prediction, users can access AI-generated predictive insights derived from aggregated data, helping them make more informed betting decisions. This hybrid system combines human forecasting with AI analysis, offering users deeper decision-making support.

9. Offmarket (@offmarketfun)

Offmarket is a prediction market platform focused specifically on startup IPO outcomes, built on the Base blockchain.
Its core value lies in turning private company insights into tradable opportunities, allowing users to profit based on their understanding and judgment of startup trajectories.

10. Kohin (@kohinxyz)

Kohin is an innovative platform providing a decentralized insurance layer for prediction markets, introducing a novel risk management method by allowing users to insure their bets.
By paying a small premium (e.g., $20 on a $100 bet), users can purchase insurance. If they win, they keep the winnings minus the premium; if they lose, they recover their full principal, losing only the premium.
Kohin V1 has launched on Polygon, initially supporting sports parlay bets via Azuro Protocol, with plans to expand to other platforms like Polymarket. Its key innovation is reducing the risk of total loss, making prediction markets more accessible and encouraging broader participation and engagement.