Part I of a two-part series exposing the truth behind the world’s most popular prediction market and its dark ambitions to alter both markets and representative government forever.
Shayne Coplan, now the world’s youngest “self-made” billionaire, is the public face of what purports to be the world’s largest crypto-powered prediction market – Polymarket. Coplan and his alleged arch-rival, Tarek Mansour of the competing prediction market platform Kalshi, recently buried the hatchet to create a new venture capital firm called 5c(c) Capital, a reference to the section of the Commodity Exchange Act which is currently used to regulate prediction markets. The fund is aimed at bulking up the infrastructure for what has rapidly become an insurgent digital industry.
Read Full Article: https://thewashingtonstandard.com/the-secret-history-of-polymarket-part-1/
