balajis
@balajis.eth
Prediction markets as the new polls? Every Warpcast user has a linked wallet and balance. So you could pin a specific prediction market to the top of a channel, or post in a cast, and allow people to express opinions with microtransactions. @dwr.eth @v
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Cameron Armstrong
@cameron
People in web3 love prediction markets It’s like the first thing code people try to reimplement with every new stack or technology that comes out Why do you think it hasn’t actually ever hit with users?
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grin
@grin
Because you need volume to make it work and as soon as yoy get volume the govt shuts you down
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Cameron Armstrong
@cameron
Do you have any examples of the latter happening?
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grin
@grin
https://www.bloomberg.com/news/articles/2022-08-06/predictit-betting-on-us-elections-nixed-by-american-regulators
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grin
@grin
That’s just the latest Either they don’t use real money, or they get shit down
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Cameron Armstrong
@cameron
Cool thanks for sharing - i'll have to dive into the story more as I hadn't come across Predictit, but it also still seems alive now?
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Bayram
@bayka.eth
Take all look at kalshi.com - they were able to get the proper license to operate
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Bayram
@bayka.eth
But not decentralized of course
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Cameron Armstrong
@cameron
any idea how many users they have? I can see share quantity ofc, but not like... if that's a few people moving the markets, etc
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