Matt Medved
๐ค SpeakerAppearances Over Time
Podcast Appearances
I got to hear the sauce.
Well, you know, for me, man, prediction markets are really interesting because I think prediction markets are a new way of monetizing expertise.
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.
Like for me, for example, I'm a political junkie.
I follow the elections religiously.
So I started, you know, trading on Polymarket last year during the elections when I noticed that they launched these mentioned markets.
And I was like, oh, like, what's Trump going to say?
What's Hamala going to say?
And, you know, like, I know what a stump speech is.
I know the difference between a rally and a town hall.
And I was finding all of these kind of like like inefficiencies in the market where they were being mispriced.
And it did well.
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.
And now we're seeing that permeate culture.
I know some people who cleaned up on the Taylor Swift album launch.
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.
All of these different things that...
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
That's very powerful.
And so I'm a big believer in it.