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Meta is building a prediction markets app called Arena to rival Polymarket and Kalshi, likely starting with a points system rather than real-money betting.
Read full articleMark Zuckerberg has directed a small Meta team to build a standalone prediction-market app called Arena, according to the New York Times. The move puts the world's largest social network on a direct collision course with crypto-native platforms like Polymarket and Kalshi.
Meta's Arena app could reshape digital engagement, challenging existing prediction markets and potentially altering user interaction dynamics. The post Meta Platforms develops Arena prediction market app for live events appeared first on Crypto Briefing.
Meta has reportedly formed a team to develop a prediction market app called Arena, a signal of the company’s entry into a sector that has attracted growing interest from both retail users and institutional investors. According to a report from…
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Mark Zuckerberg has directed a small team at Meta to build a standalone prediction markets app internally codenamed “Arena,” the New York Times reported Tuesday, citing two employees with knowledge of the plans. Meta declined to comment on the project. But according to the Times report, the Arena application is a top internal priority for […]
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