Polymarket founder and CEO: prediction market will ultimately guide real-life outcomes and give rise to Derivatives of information and opinions

robot
Abstract generation in progress

Odaily Planet Daily News Polymarket founder and CEO Shayne Coplan said in the 'Token2049 Fireside Chat' that at Polymarket, people can bet on the outcome of events and see real-time probabilities of the future world, with certain 'outcomes' being more measurable and priced. Currently, the 'Result Token' is just a rough mathematical model, either win or lose, without leverage. As prediction markets become more popular and more data is accumulated, the future (events) will be more predictable. Prediction markets will ultimately have a guiding role in real life, such as people browsing prediction markets to see if their flights will be delayed tonight and preparing in advance. It is worth noting that the prediction market will have derivatives of information and opinions, allowing users to trade risk. Ultimately, all data of future events can be part of the prediction, enabling people to fully express their opinions. We are also exploring how to list more personal 'questions' on Polymarket in the future.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Share
Comment
0/400
MupyMup_R15vip
· 2024-09-18 07:53
Halving BTC will lead to moon 🚀
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)