{"id":141865,"date":"2024-11-11T10:00:28","date_gmt":"2024-11-11T08:00:28","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141865"},"modified":"2024-11-10T23:59:28","modified_gmt":"2024-11-10T21:59:28","slug":"vitalik-buterin-highlights-polymarkets-potential-to-revolutionize-information-sharing","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/vitalik-buterin-highlights-polymarkets-potential-to-revolutionize-information-sharing\/","title":{"rendered":"Vitalik Buterin Highlights Polymarket’s Potential to Revolutionize Information Sharing"},"content":{"rendered":"

He refers<\/a> <\/strong>to this approach as \u201cinfo finance\u201d\u2014a system designed to gather insights by creating markets that extract valuable information from participants.<\/p>\n

Buterin explains info finance as a process where you identify a specific fact you want to uncover and then structure a market to best retrieve that data from users. As an example, he mentions Polymarket\u2019s recent predictions for the U.S. elections, where it accurately assessed Trump\u2019s odds of winning at 60\/40, and later showed a high probability for his success even while some media continued to project a different outcome.<\/p>\n

For Buterin, platforms like Polymarket serve a dual purpose: people can place bets while others can analyze the predictions as an informative resource. Buterin himself relies on Polymarket data as part of his own information-gathering strategy, stating it helps him quickly become better informed.<\/p>\n