TechFlow news, September 22 — According to Decrypt, Syndicate co-founder Ian Lee recently stated that prediction markets and DAOs (decentralized autonomous organizations) are essentially platforms for coordinating human effort and capital. Data shows major prediction market platforms are performing strongly, with Kalshi and Polymarket each surpassing $1 billion in monthly trading volume and over 226,000 active users.
Lee believes prediction markets should not be seen merely as "betting platforms," but rather as "social financial networks" that coordinate the intelligence of thousands, potentially becoming a new direction for the DeFi sector.
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