Polymarket founder and CEO: The prediction market will eventually guide real life, and derivatives of information and opinions will emerge

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ODAILY
2 days ago
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Odaily Odaily News Polymarket founder and CEO Shayne Coplan said in the "Token2049 Fireside Chat" that in Polymarket, people can bet on the direction of events, and can also see the probability of the future world in real time. The possibility of certain "ends" will be more measurable and priced. At present, "result tokens" are just rough mathematical models, either win or lose, without leverage. As prediction markets become more and more popular, more data will be accumulated, and the future (events) will be more predictable. Prediction markets will eventually have a guiding role in real life. For example, people will browse prediction markets to refer to whether their flights tonight will be delayed and prepare in advance. It is worth noting that the prediction market will have derivatives of information and opinions, allowing users to trade risks (swap risk). Ultimately, all data on future events can become part of the prediction, allowing people to fully express their views. We are also trying to see how more personal "problems" can be "listed" on Polymarket in the future.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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