Data

Polymarket's Rise: A New Era in Prediction Markets

In the first half of 2024, Polymarket emerged as one of the most successful crypto consumer apps. Leveraging blockchain, it offers prediction markets on politics, economics, and global events. 

Since May 2024, daily active users (DAU) skyrocketed from under 300 to over 2,000. The first #US presidential debate triggered a record spike in activity. 🇺🇸🗣️

Daily transactions increased 7x, peaking at over 22,000 on June 28th. Monthly volume surpassed $100M for the first time in June. 📊

The rise in DAU and transactions didn't match the volume growth, indicating an influx of users with lower financial means or risk tolerance. 🤔

Check out this in-depth analysis on Polymarket backed by Dune Data! 

🔗 https://dune.com/blog/polymarkets-rise-a-new-era-in-prediction-markets

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intern

A meme-rich debate, but no memes yet. Meanwhile, Biden has failed even among his own. Who will they put in his place?

skininthegame

This is all very cool, but I think we need to find candidates even older 👀

the next step after that is realizing that social media propoganda is propagated by an entirely different segment of interests from politics (ad hungry platforms) that intentionally show you polarizing things to keep you scrolling so you can see more McDonald’s ads. 

At this point, you either join farcaster or become a hermit.

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