Points System

Japan

2026-07-01 04:03:50

Japanese Prediction Market Uses Points System to Evade Ban: Miraima Nears 1M MAU, Polymarket Lobbies

Japanese prediction market startup Miraima has circumvented the country's strict gambling ban by using a points-based system that allows users to bet on real-world events and earn redeemable points for gift cards. Launched in November 2025, the platform has attracted nearly 1 million monthly active users, driven by sports events like the World Cup. Rivals Poyp and Gumi Inc. have launched similar apps, while global giants Polymarket and Kalshi remain blocked or discouraged from operating in Japan. Polymarket has now hired a local representative to lobby the government for approval, signaling growing interest in the Asian market despite regulatory hurdles.

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Japan

2026-07-01 04:03:50

Japan Prediction Market Startups Use Point-Based Vouchers to Bypass Ban, Users Nearing 1 Million

Japanese prediction market startup Miraima leverages a points system to allow users to wager on real-world events like the World Cup, with points convertible to gift cards as cash equivalents to evade gambling restrictions. Monthly active users have approached 1 million since its launch in November. Competitors Poyp and Gumi Inc. have launched similar apps. Polymarket and Kalshi currently block users in Japan but Polymarket has hired a local representative to lobby for regulatory approval.

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