The app would let users forecast future events using a points-based system rather than cash wagers, the report said, citing people familiar with the matter. Meta is developing an experimental prediction market-style app called Arena that would let users forecast outcomes in politics, sports, entertainment and world affairs. Unlike traditional platforms such as Polymarket or Kalshi, Arena is expected to use a video game-like points system rather than cash, though Meta has not ruled out eventuall…
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