TL;DRMeta is reportedly developing a standalone prediction app called Arena, where users would compete for points and rankings rather than wager real money.The project marks Meta’s second attempt at prediction-based platforms, following the earlier shutdown of its Forecast app, but it arrives as prediction markets like Polymarket and Kalshi are booming.Arena is still under development and may never launch, but the reported project has already attracted criticism from lawmakers concerned about Meta’s growing focus on engagement-driven products.The internet has always loved making predictions. Whether it’s guessing who will win an election or which team will lift a trophy, people enjoy putting their confidence behind a forecast and seeing if they’re right. Over the past few years, that habit has evolved into a booming business through prediction market platforms such as Kalshi and Polymarket, where collective opinion effectively becomes a real-time indicator of what people think will happen next. And now, Meta reportedly wants in.According to a report from The New York Times, Mark Zuckerberg has tasked a team with building a new app called “Arena.” The project is said to focus on predictions, but with one important distinction: users won’t be wagering actual money. Instead, the experience would revolve around video game points, rankings, and competition, turning forecasting into a game rather than a betting platform.