Prediction markets have pretty much obviated the need for these things. Rather than rely on "was that really a hot take?" you have a market system that rewards those with accurate hot takes. The massive fees and lock-up period discourage low-return bets.
Can’t wait for the brave new world of individuals “match fixing” outcomes on Polymarket.
FWIW Polymarket (which is one of the big markets) has no lock-up period and, for now while they're burning VC coins, no fees. Otherwise agree with your point though.