Zuckerberg reportedly wants a Polymarket clone but without real money

Image for article Zuckerberg reportedly wants a Polymarket clone  but without real money
News Source : The Verge

News Summary

  • Meta CEO Mark Zuckerberg has tasked a small team at the company with making an app that works like the prediction markets Polymarket and Kalshi.
  • The app, internally called “Arena” won’t let users wager real money, but instead will “probably rely” on allowing users to bet with points.
  • It would be just the latest example of Meta taking a popular idea from another company and building its own version, like it did when it cloned Snapchat’s Stories format.
Meta is apparently working on its own prediction markets app. Meta is apparently working on its own prediction markets app.

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