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Trump family Truth Media also promotes prediction markets! You can also bet on Mr. Know-it-all's every move on Truth Media.
Polymarket secured a $2 billion investment from the NYSE and further integrated the “event-driven market” into the TradFi interface. Meanwhile, Trump Media, the family of US President Trump, announced a collaboration with Crypto.com to launch a prediction market on its social platform, Truth Social.
Trump Media announced the launch of a prediction market on Truth Social.
Trump Media and Technology Group ( announced on Tuesday that it will collaborate with Crypto.com to launch prediction market features on its social platform Truth Social.
This collaboration will integrate Trump Media's streaming platform Truth+, and the fintech brand Truth.Fi, with trading and clearing managed by Crypto.com. The service will undergo beta testing on Truth Social in the near future, followed by a full rollout in the United States, while global expansion will depend on the regulatory environment.
Player and referee? Who dares to play the prediction market with Trump.
In an interview with Limitless founder CJ, I once asked about the liquidity of long-tail prediction markets. In plain language: where should the liquidity come from for those prediction markets that have a wide variety of types but low trading volumes?
) Why is the third largest prediction market Limitless All in Asia? An interview with founder CJ, revealing financing, token issuance timeline, and participation methods (
CJ straightforwardly stated that in the prediction market, if you have a long-tail market: for example, will CJ eat this cookie in 10 minutes? How do we price it? The problem is that once you enter the long-tail market, risk pricing and hedging become nearly impossible.
For example, if we create a market for “Will CJ eat this cookie within ten minutes?”, this type of event has no comparable contracts and cannot be hedged; it solely depends on whether the individual wants to eat it. Liquidity providers cannot price it, making it easy for those with insider information, including the parties involved, to target liquidity. Therefore, the platform either subsidizes information reporters, or uses its own funds as LP to bear the mispricing, or offers bonuses, points, or tokens as subsidies. However, fundamentally, it is exchanging losses for growth, which is difficult to sustain.
As the president of the world's largest country, Trump's every word and action affects the pulse of the world. His two statements regarding US-China tariffs have led to dramatic economic changes, and many prediction market themes revolve around Trump's behavior.
)TACO trading profit secrets? Polymarket always bets “no” with a return rate of 12%(
The issue with the Trump family's involvement in the prediction market is that you own the casino and you also determine the outcome, so who would want to bet with you? Moreover, there have been ongoing rumors about insider trading related to geopolitics concerning the Trump family, and past projects have gone silent after launching tokens )$TRUMP, $WLFI(. However, previously, Donald Trump Jr.'s venture capital fund “1789 Capital” invested tens of millions into Polymarket, the largest prediction market platform in the world.
) Trump Jr. invests in new prediction market giant Polymarket, is the “golden age” of prediction markets about to arrive? (
This article discusses how the Trump family and Truth Media are also promoting the prediction market! You can also place bets on the actions of the understanding king on Truth Media, which was first mentioned in Chain News ABMedia.