Check out the data from @opinionlabsxyz—pretty impressive! They’ve gone from almost a nobody to the No. 3 in the industry. And mind you, this is before they’ve fully opened up. They’ve already carved out a noticeable gap in the duopoly. Now I get why the bald guy @cjhtech is jumping around stirring things up. It’s because @trylimitless’s market share data is almost invisible in the charts. If it weren’t for his personal hustle, LMTS would’ve dropped below $100M ages ago. Dashboard link: https://(dune.com)/kucoinventures/opinion ~~~~~~~~~~~~~ A VC friend asked me a couple of days ago: Why don’t Chinese people seem to be into prediction markets? Why aren’t there many Chinese users? There are discussions about Polymarket and prediction markets on Chinese crypto Twitter, but the scale is way smaller compared to stuff like Perpdex. Here’s my answer: Take a look—has any prediction market product seriously targeted the Chinese market? Whether it’s @Polymarket, @Kalshi, or @trylimitless, their attitude is way different compared to the Perpdex crowd fighting tooth and nail for market share. Polymarket didn’t issue a token for the longest time, and Chinese users are pragmatic and results-driven, so it’s no surprise that not many people are playing. Limitless, run by the bald guy, had almost zero exposure in the Chinese market before Kaito’s token launch. It only caught the attention of Chinese users after the launch blew up, but even then, not many people actually used the product. Later, it got some exposure again because CJ backstabbed Binance and started tweeting in Chinese to pander to Chinese fans, even doing manual market-making on a weird DEX. But still, there wasn’t much traffic directed to the product itself. Kalshi? Forget it. Even though they’re valued at $5B and claim to be Polymarket’s biggest rival, their exposure in the Chinese market is minimal, and even fewer people have actually used it. @opinionlabsxyz is the first prediction market project I’ve seen that’s genuinely taking the Chinese market seriously and putting real thought into its operations. Even though registration isn’t fully open yet, their early data, social media buzz, and overall Web3 efficiency are already looking solid. It’s only been a few days, and they’re already starting to heat things up ~~~~~~~~~~~~~~~ Once they officially open on Monday, that’s when the real game begins. More retail users will finally get a chance to explore prediction markets—a massive, fun, and profitable platform beyond just altcoins and meme coins. Still early... Here’s my referral code to save 10% on fees. More perks coming soon. Opinion is definitely worth keeping an eye on!