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arjielast Wednesday at 8:55 PM2 repliesview on HN

Prediction markets have pretty much obviated the need for these things. Rather than rely on "was that really a hot take?" you have a market system that rewards those with accurate hot takes. The massive fees and lock-up period discourage low-return bets.


Replies

Karrot_Kreamlast Wednesday at 9:01 PM

FWIW Polymarket (which is one of the big markets) has no lock-up period and, for now while they're burning VC coins, no fees. Otherwise agree with your point though.

gammaratorlast Wednesday at 11:29 PM

Can’t wait for the brave new world of individuals “match fixing” outcomes on Polymarket.

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