TLDR Crypto · MISCELLANEOUS
NATE SILVER JOINS PREDICTION MARKET STARTUP POLYMARKET AS MORE PEOPLE BET ON NEWS
Summary from the TLDR Crypto newsletter
Nate Silver, a statistician and journalist known for founding analytics site FiveThirtyEight, has joined Polymarket as an advisor, as the company focuses on prediction markets for news events. Polymarket has risen to prominence as the leading prediction market for the 2024 presidential election, with over $400 million in trading volume in 2024, all secured by smart contracts on Polygon. Silver expects investors to use prediction markets to understand and hedge against political risks.