predict.fun founder: Prediction markets are about information trading and risk hedging, not gambling
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Jinse Finance reported that Ding X, founder of the prediction market predict.fun, believes that prediction markets are closer to insurance underwriting or poker games, rather than roulette. "Essentially, this is information trading and risk hedging, not gambling," he emphasized, distinguishing skill-based predictions from games where long-term odds are destined to lose.
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