"Shayne Coplan, 27, is always in a hurry. Last year, he arrived at a Manhattan dinner hosted by a venture capital firm for networking, dressed in jeans and a leather jacket. He had been invited as one of the most promising entrepreneurs of the moment, but after a brief chat, he got up while the main course was being served and left for a concert in Brooklyn. At this pace, Coplan has become the world's youngest self-made billionaire."
"He made his fortune through Polymarket, a platform founded in 2020 that lets users bet on whether real-world events will occur. The bets cover everything from Brazil's elections to whether the Obamas will divorce. Using blockchain technology, the platform shows in real time what the market believes will happen. Coplan argues that Polymarket offers a more objective view than traditional media, as its predictions are the sum of thousands of individual opinions and are not influenced by ideological biases or political agendas."
Shayne Coplan rose to billionaire status by founding Polymarket in 2020, a platform that lets users bet on real-world events and displays market probabilities in real time. The platform uses blockchain technology to aggregate thousands of individual opinions and claims to provide a less ideologically biased measure of expectations than traditional media. After a $2 billion investment from Intercontinental Exchange, Polymarket's valuation reached about $8 billion. Early backers included Founders Fund. Donald Trump Jr. advises via 1789 Capital while also advising rival Kalshi. Coplan grew up on Manhattan's Upper West Side and invested in Ethereum's 2014 ICO at 15.
Read at english.elpais.com
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