Vitalik believes that prediction markets are a use case for information finance, with the potential to be better implemented in social media, science, news, governance, and other areas. He pointed out that Polymarket is both a betting site for participants and a news site for everyone else.

According to Foresight News, Vitalik published an article titled "From prediction markets to info finance," in which he argues that while existing prediction markets are extremely useful tools for the world, they are merely one use case of a category he refers to as "information finance," which has the potential to be applied more effectively in social media, science, journalism, governance, and other fields. Vitalik believes that Polymarket has a twofold nature: on one hand, it serves as a betting site for participants, while on the other hand, it acts as a news site for everyone else.

Vitalik: Prediction markets are a use case for information finance.