Consumer Crypto

politics

very lucky situation for polymarket. one giant "game" everyone's following, razor thin edge, constant switching of who's in the lead. free engagement from heaven.

big test now is how big can they grow & once election is over, can they parlay their amazing distribution to something new.

Real World Ethereum 🌎 
building /daimo ✳️ 

Two thoughts here:

1. There’s probably infinite depth to political markets: go global and very local. Also legislation markets on bills passing etc. This is probably a good extension of the current core biz and worth 80% of focus. 

2. Entertainment and crypto categories have seen reasonable volume already, I’d imagine there’s a lot of room for experimentation here as a growth area. This is probably worth spending the other 20% of focus.

I’ve pointed this out before, but one of the reasons betting isn’t usually allowed on elections is because the more value to be had by a candidate losing the more likely assassination attempts become. 

Seems relatively prescient critique given this evenings news.

they’ll need to diversify their offerings and tap into other areas of interest. the most promising direction for them to explore next would be what