June 23 (Cointime) - Critics have labeled decentralized prediction markets like Polymarket as shady crypto gambling sites that attract unstable gamblers. However, these platforms are a key feature of a decentralized Web3, allowing users to create prediction markets on any topic without permission. While these apps can be censored, doing so would undermine the potential benefits of these protocols. The push for app-level censorship goes against the promise of Web3 and is a problem that cannot be solved through Web2 solutions. David, the author of the article, is a Netherlands-based editor who is passionate about decentralized networks and data-driven journalism. Readers can stay updated on daily crypto news and insights by subscribing to Blockworks' free newsletter or joining their Telegram channel.
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Backlash against Polymarket highlights desire for App-level Censorship in Decentralized Prediction Markets
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