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Shayne Coplan thinks information markets are the future, and with the recent influx in volume to his platform Polymarket, it seems they are rapidly becoming the present.
In recent weeks, the prediction market platform has done millions in volume with its various election markets, which span from the U.S. presidential election to state calls. The platform's "Will Trump win market" has surpassed $8 million in volume.
As the U.S. presidential election grew ever-tighter on November 3 and 4, many crypto minds noted that Polymarket's odds more accurately reflected the outcomes compared to traditional models like Nate Silver's FiveThirtyEight.
Coplan says he has no doubt in the growing future of prediction markets, and on this week's episode of The Scoop, he laid out why he believes markets are the most reliable source of sentiment data. He also touched on:
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Shayne Coplan thinks information markets are the future, and with the recent influx in volume to his platform Polymarket, it seems they are rapidly becoming the present.
In recent weeks, the prediction market platform has done millions in volume with its various election markets, which span from the U.S. presidential election to state calls. The platform's "Will Trump win market" has surpassed $8 million in volume.
As the U.S. presidential election grew ever-tighter on November 3 and 4, many crypto minds noted that Polymarket's odds more accurately reflected the outcomes compared to traditional models like Nate Silver's FiveThirtyEight.
Coplan says he has no doubt in the growing future of prediction markets, and on this week's episode of The Scoop, he laid out why he believes markets are the most reliable source of sentiment data. He also touched on:
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