"Substack has updated its partnership with betting platform Polymarket, "introducing native tools that make it easier to share, discuss, and debate prediction market data directly on Substack." Additionally, Polymarket will effectively pay "a cohort of creators," including Matt Yglesias, to use its data though the newsletter platform's pilot sponsorships program."
""I like to think about prediction markets as the next generation of the news. We know the news is economically valuable. People pay for getting the newspaper; they pay indirectly for shows like this [ Squawk on the Street on CNBC] through advertising, and so if you get the news before it happens, that should be even more economically valuable.""
""If you get the news before it happens, that should be even more economically valuable.""
Substack updated its partnership with betting platform Polymarket to introduce native tools for sharing, discussing, and debating prediction market data directly on Substack. Polymarket will pay a cohort of creators, including Matt Yglesias, to use its data through Substack's pilot sponsorships program. Dow Jones agreed to incorporate Polymarket betting data into its content, including The Wall Street Journal. CNN and CNBC have integrated Kalshi betting odds into coverage and programming. Nate Silver serves as an advisor to Polymarket. These developments blur the lines between information, journalism, and betting; the Acta Diurna served as an early predecessor to journalism.
Read at The Verge
Unable to calculate read time
Collection
[
|
...
]