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Despite all the praise @polymarket has received, it has now proven its edge over polling experts. Its key advantage is rapid response and real-time updates. but many people (myself as a non-American included) were misled by mainstream media reports into thinking its results had a pro-crypto bias. However, Polymarket’s mechanics may be why it gets predictions right:
1. It aggregates data from diverse participants, avoiding bias and external influence.
2. It captures insights missed by polls, like the “shy Trump voter” effect.
3. It adjusts predictions based on market data, unaffected by media politics.
as a crypto app, I think there's still potential for improvement.
It's built on Polygon, a chain with limited user popularity and liquidity now, it requires bridging assets to Polygon, converting them to USDC, and transferring them to a Polymarket wallet. These steps are cumbersome. If it were restructured as a dApp on Chain Abstract, removing its reliance on Polygon, it could gain wider adoption. 5 replies
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