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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

For years, for years, people have invested in commodities around what they think is going to happen in world events.

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

You know, back in the day, if you thought there was going to be war in the Middle East, you buy oil futures, right?

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

Well, now with these prediction markets, you can actually bet on the outcome itself versus like exposure to a third party asset, right?

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

I think that's very powerful.

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

And I don't think that genie is going back inside the bottle.

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

Yeah, especially now with the whole NBA scandal, I feel like people are looking for better ways to invest their money, right?

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

Exactly.

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

And what's interesting, too, about Polymarket specifically is that it's all transparent on chain, right?

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

So if a big whale insider comes in and bets a lot,

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

people notice that because they see it and you know that creates conversation people understand this might be an insider things like that so there's like there isn't the black box that exists with like traditional casinos and sports books like you don't know who's betting you don't know what they're betting or how it's going in everything's on chain there absolutely now i know you're also big in the music industry yeah do you think the future of music is gonna uh have a lot of ai involved absolutely man um and i'm very bullish on it uh you know to me

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

Absolutely.

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

You know, I founded Billboard Dance, built that, you know, Ranspin Magazine as editor-in-chief.

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

So I've been deep in the music side for a while.

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

I DJ, I produce music.

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

And I think that the rise of AI music, generative AI music,

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

know pro programs and platforms like suno and audio are going to absolutely change the music industry they're not ready for it yeah um i like right now what took me weeks as a producer takes me hours damn it's crazy man you can create your own samples you can create your own loops anything you can imagine comes out and what's also very powerful powerful unlock i'm a bite ear musician so for me like i grew up hearing music in my head

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

I play, I'll play a little piano, play a little viola.

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

I wasn't particularly great at those, but you know, like they weren't, those just weren't the right tools for me to get the music out of my head.

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

And I remember I used to have to like hit a key, be like, Oh, laboriously, like what's the note in my head?

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

Is it this key?