PredictIt has two large limitations it created to appease the SEC: a max $USD per player per market and a max number of players per market. Markets need a much

PredictIt has two large limitations it created to appease the SEC: a max $USD per player per market and a max number of players per market. Markets need a much less restrictive environment to be liquid enough to have accurate predictions. Also, the granularity of bets is in 1/100 units and there is a huge market tax on withdrawing funds. There may have been lots of promise, but there is a lot of friction which explains why PredictIt didn’t live up to that hype.