Can I launch a free-to-play prediction market without a license?

In most jurisdictions, free-to-play (F2P) prediction platforms where users do not wager real money fall outside gambling and financial regulation. This makes F2P an excellent launch strategy: you build a user base, test the product, and generate engagement data while working through the licensing process for real-money markets. The white-label platform includes a full-featured F2P tournament system with leaderboards, virtual currency, and prizes. Many operators start with F2P, prove the concept, then layer on real-money trading once licensing is secured.