Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Matt Medved

๐Ÿ‘ค Speaker
271 total appearances

Appearances Over Time

Podcast Appearances

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

I got to hear the sauce.

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

Well, you know, for me, man, prediction markets are really interesting because I think prediction markets are a new way of monetizing expertise.

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

You know, there's a lot of people who have interest or have like deep knowledge of different categories that before there just wasn't a way to unlock that value.

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

Like for me, for example, I'm a political junkie.

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

I follow the elections religiously.

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

So I started, you know, trading on Polymarket last year during the elections when I noticed that they launched these mentioned markets.

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

And I was like, oh, like, what's Trump going to say?

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

What's Hamala going to say?

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

And, you know, like, I know what a stump speech is.

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

I know the difference between a rally and a town hall.

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

And I was finding all of these kind of like like inefficiencies in the market where they were being mispriced.

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

And it did well.

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

And what was cool was, you know, I've been following politics for years, but there was no way for me to monetize that before.

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

And now we're seeing that permeate culture.

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

I know some people who cleaned up on the Taylor Swift album launch.

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

And they went and interviewed Swifties who had no idea about crypto, who had no idea about prediction markets, but knew a ton about what her releases were like in the past, knew which singles are going to be the ones to stream the most.

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

All of these different things that...

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

you know that not that knowledge was there but now there's a way to unlock that value yeah um and i think that what's interesting is you know i'm not a i'm not a trader like by by design i'm not a i'd never bet on anything until polymarket well um and so i think what's interesting is it's people like me it's gonna bring in all of these new market participants who previously like you know wouldn't be going on like the sports books or you know draft kings or whatever

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

That's very powerful.

Digital Social Hour
Matt Medved: How Prediction Markets Are Monetizing Knowledge | DSH #1767

And so I'm a big believer in it.