It's not exactly new? There were several general betting market in crypto, but they never got much popularity.<p><a href="https://augur.net/" rel="nofollow">https://augur.net/</a><p><a href="https://polymarket.com/" rel="nofollow">https://polymarket.com/</a>
Nothing new and betting on anything is not that innovative. The problem will always be the same: there won’t be much of a market (very low # of participants) for many bets.