Shayne Coplan, founder of Polymarket, argues on All-In's 2024 Election Night stream that prediction markets will inevitably replace traditional polling.
“And it's like, the reality is after today, if things continue to trend in the direction that they're trending, like the idea of trusting an individual pollster and taking their word for it is now antiquated technology. Like Polymarket has arrived. It has proven itself to be a 10 X plus improvement. And the innovators dilemma will inevitably run its course.”
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More from Shayne Coplan
AssertionSupported
Coplan: Polymarket hit all-time high volume of hundreds of millions on Election Day
“I mean, today I think A couple hundred million dollars which is, you know, a lot by, I guess when you think about leveraged assets, it doesn't seem like a lot, but for prediction markets, it's probably an all time high, I guess, in history.”
Shayne CoplanNov 6, 2024▶ 1:15:002024 Election Night Livestream with the Besties!
AssertionPartly supported
Coplan claims Polymarket holds over 90 percent of global prediction market share
“So the thing about Polymarket is that it's like, it's the, in terms of global market share, it's like 90 something percent of the global market.”
Shayne CoplanNov 6, 2024▶ 1:16:032024 Election Night Livestream with the Besties!
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