Why Simple Binary Prediction Markets Are Winning in Web3

Why Arena Is Betting on Binary Prediction Markets

Prediction markets are often framed as the ultimate Web3 truth machine — a place where incentives and information collide to surface reality.

In practice, many of them struggle to gain real traction.

Not because the idea is flawed, but because the execution is.

At Playmatez and its prediction engine Arena, we made a deliberate choice early on:
binary outcomes only — YES or NO.

That decision wasn’t about limiting users.
It was about respecting how people actually think and act online.

You can explore the live platform here:
https://playmatez.cc