Seeking experts in prediction markets, derivatives or regulation/ Kalshi Do event-based contracts represent a genuinely new asset class, or simply an evolution of existing derivatives? What makes a regulated prediction market like Kalshi fundamentally different from gambling or binary options in terms of market structure and risk? How could event markets improve or distort forecasting, policymaking, and public perception, especially around political events? What real-world risks (inflation, weather, policy) are best suited for hedging through event markets, and how transformative could that be for businesses? How does the gamification of trading, simple yes/no outcomes, news-driven markets, low barriers, shape participation and market behavior among younger investors?