Polymarket - bubble or new Unicorn?
▪️Screenshots from Polymarket - a prediction platform on Polygon, filled both classic media and Twitter and Telegram channels. The platform shows 100x growth in trading volumes over the year. Let’s dive into the drivers that provided such growth, and also see if there is a similar hidden gem on TON.
▪️Elections. 84% of Polymarket volumes are bets on political events. The two main drivers here are geopolitical instability and the US elections. But there have been elections before this, and the global tensions did not appear yesterday, so where does such interest in the platform come from?
▪️Mistrust of the media. The media trust index has been at its lowest level in decades. Large investment funds (Vitalik Buterin and Peter Thiel are involved in raising funds) invest in Polymarket, seeing it as a solution to the problem. Bets on Polymarket are becoming a “source of unbiased truth” in the world of fake news.
▪️Front page. Winston Churchill said that whoever controls attention controls the world. And Polymarket, being DeFi, is hot on the heels of traditional media, claiming to be the first page that will be opened on the Internet.
▪️The main question. Will Polymarket be able to retain all the traffic and volume after the US elections and become a new unicorn in the media market?
▪️And what about TON? TON cannot boast of such an application, much less such volumes, but some applications have begun to insert bets on political events, for example, if you want to use TON to bet on the US elections, then there is, for example, Whale (Sports Section->Section). But does this have the potential to become the first page on the Internet or a new unicorn, it is unlikely ((. It seems that first, you need to turn off the casino path …🗿
@ton_learn
▪️Screenshots from Polymarket - a prediction platform on Polygon, filled both classic media and Twitter and Telegram channels. The platform shows 100x growth in trading volumes over the year. Let’s dive into the drivers that provided such growth, and also see if there is a similar hidden gem on TON.
▪️Elections. 84% of Polymarket volumes are bets on political events. The two main drivers here are geopolitical instability and the US elections. But there have been elections before this, and the global tensions did not appear yesterday, so where does such interest in the platform come from?
▪️Mistrust of the media. The media trust index has been at its lowest level in decades. Large investment funds (Vitalik Buterin and Peter Thiel are involved in raising funds) invest in Polymarket, seeing it as a solution to the problem. Bets on Polymarket are becoming a “source of unbiased truth” in the world of fake news.
▪️Front page. Winston Churchill said that whoever controls attention controls the world. And Polymarket, being DeFi, is hot on the heels of traditional media, claiming to be the first page that will be opened on the Internet.
▪️The main question. Will Polymarket be able to retain all the traffic and volume after the US elections and become a new unicorn in the media market?
▪️And what about TON? TON cannot boast of such an application, much less such volumes, but some applications have begun to insert bets on political events, for example, if you want to use TON to bet on the US elections, then there is, for example, Whale (Sports Section->Section). But does this have the potential to become the first page on the Internet or a new unicorn, it is unlikely ((. It seems that first, you need to turn off the casino path …🗿
@ton_learn