NEXTPredict Founder: 'Nobody Was Serving' Prediction Markets' Enormous Audience

NEXTPredict Founder: 'Nobody Was Serving' Prediction Markets' Enormous Audience

Summary

Prediction markets are gaining mainstream media attention, but platform use remains event-driven and the user base may overlap heavily with crypto traders. Polymarket’s monthly active users have fallen from a spring peak, while Kalshi reported record World Cup contract volume, concentrated on match days. Research suggests Kalshi macro contracts can match or outperform conventional forecasts, while Polymarket profits are concentrated among a small share of accounts and may become harder to earn as institutional competition grows. NEXTPredict, scheduled for October 22–23 in New York, is positioning itself as both a media-facing and industry-focused summit, with journalists, CFTC directors, platform executives and a session on insider trading. Organizers also bought Kalshi flight-cancellation coverage for the event.