TechFlow News, May 28: According to Fortune magazine, prediction market platforms such as Kalshi and Polymarket are attracting younger users through meme culture, humorous memes, and gamified design. These platforms enhance user engagement with features like leaderboards, badges, and comment interactions, while also lowering participation barriers—setting the minimum age for use at 18, below the 21-year-old gambling legal age in most U.S. states. Currently, only a small number of top users profit on Polymarket, with approximately 69% of users incurring losses. Experts warn that young users, whose cognitive development is still ongoing, may develop a dependency on high-risk investing. In response, U.S. Senators Katie Britt and Richard Blumenthal have introduced legislation aimed at restricting minors’ exposure to prediction market advertising.
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