I discovered the platform Polymarket today, and it is really interesting! It's a platform for predicting what will happen in the future using money and votes. For example, you can predict:
1. Will Bitcoin exceed $100,000 next year?
2. Will the US stock market reach a new high next year?
3. Which sports team will win the game?
You bet "Yes" or "No", and after the event ends, if your prediction is correct, you can win money; if your prediction is wrong, you lose the amount you bet. Each answer on the platform has a price, for example, $0.65 ≈ the market believes the probability of occurrence is 65%.
Polymarket is built on blockchains like Ethereum or Polygon, without a centralized authority controlling it, and every transaction is publicly and transparently recorded on the chain. Participants bet using USDC (stablecoin), and those who are correct can earn profits.
Here, you can see everyone's judgments about future events, which is very interesting. You can quickly understand the market's "psychological expectations" regarding news, data, and events. Learning about probabilities and market sentiment is more intuitive than just reading the news. I feel like this could become a place for investment risk hedging, hahaha. 😍😍😍



