Meta is experimenting with a prediction market platform internally dubbed “Arena,” allowing users to make predictions using points instead of real-world cash, according to a New York Times report on Tuesday. Meta CEO Mark Zuckerberg has reportedly supported the app’s creation, prompting a small number of workers to build it. Meta hopes to utilize its billions of users across Facebook, Instagram, and other social networks to drive mainstream adoption, the outlet reported, citing two employees with knowledge of the matter. The platform would mark another bet on crypto-adjacent tech, following Meta’s attempts at cornering stablecoins and the metaverse. Meta previously tried a prediction market called Forecast, released in 2020 and shuttered roughly two years later. The report described the initiative as experimental. Meta faced intense pushback on Capitol Hill in 2019 after unveiling a stablecoin called Libra, which was later shelved. Meta has reportedly poured $80 billion into Zuckerberg's vision for the metaverse. In April, Meta began allowing content creators to receive earnings in USDC stablecoin directly to their crypto wallets across several networks.