Polymarket helped people go to bed early on election night, @elonmusk included.
🚨ROGAN: "Apparently Elon created an app and he knew who won the election four hours before the results. Dana White told me Elon said 'I'm leaving. It's over. Donald won." I don't know how he did it. Dana said Elon showed him the app and said "It's over," and then just left." 😂
I went on CNBC's Squawk Box this morning to talk about how Polymarket called the election. Here's the full interview:
Thank you @JoeSquawk @BeckyQuick @andrewrsorkin for having me, and your prescient coverage of Polymarket throughout this election cycle.
"On Polymarket it looked like a done deal, and if you were just watching TV, you would think it's neck and neck," says Polymarket CEO Shayne Caplan on the platform's early call for Trump on Election Day. Watch more: cnb.cx/3AEBAHC
Polymarket may be a greater contribution to humankind than the printing press
2020, running out of money, solo founder, HQ in my makeshift bathroom office. little did I know Polymarket was going to change the world.
big props to @shayne_coplan — the founder of Polymarket made all of crypto proud and mainstream these past few months — and handled criticism gracefully champ shit
84% global market share for Polymarket Humbled
Total volume in presidential winner market, by platform. @Polymarket with 84% share (among this group*) @Kalshi 10% @Betfair 6% @PredictIt 1% @Smarkets 0.3% ForecastEx (traded through Robinhood and IBKR) would be in 2nd place, but we don't have their cumulative volume.
So it turns out @Polymarket had it right the entire time and all the people who constantly complained it was being manipulated were wrong. Polymarket is a truth machine.
Last night in Maralago, everyone in the room was using @Polymarket to gauge the election, including the President. Polymarket ended up being the bellwether of the election. Hats off to @shayne_coplan and the team for building an incredible product!
Last night, Polymarket proved the wisdom of markets over the polls, the media, and the pundits. Polymarket consistently and accurately forecasted outcomes well ahead of all three, demonstrating the power of high volume, deeply liquid prediction markets like those pioneered by…
It's been a phenomenal cycle for prediction markets. They're firmly part of the news environment now. A person watching PolyMarket in the last month would've been more confident in a Trump victory than a poll or model-watcher. Yet still some big misses on things like pop vote.
Make no mistake, Polymarket single-handedly called the election before anything else. The global truth machine is here, powered by the people.
I just got word that the Trump campaign HQ literally found out they were winning from Polymarket. History was made today. Surreal
What are election parties like in 2024? Is everyone just looking at X and Polymarket on their phone?
We designed ISR so that you could tolerate massive amounts of traffic, while serving content that updates in realtime. @polymarket today is a living testament to its effectiveness with an entire planet hitting ⌘+R.
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