World Cup generated $20B in blockchain prediction market volume: Chainalysis
CoinTelegraph·
60-second summary
The World Cup is generating a massive $20B in blockchain prediction market volume, according to Chainalysis, with over 400,000 wallets participating globally. This surge in activity is driven by prediction markets and digital collectibles, indicating a significant interest in blockchain-based betting. The market's growth is expected to have a lasting impact on the adoption of blockchain technology.
The blockchain analytics firm said the World Cup attracted global participation in prediction markets and digital collectibles, with more than 400,000 wallets placing blockchain-based bets.