Polymarket Taps Nate Silver as Advisor Amid Surging Crypto Predictions
As activity on crypto prediction market Polymarket sets a new monthly all-time high halfway through July, the blockchain-based prediction platform is tapping Nate Silver, a renowned statistician and journalist, as an advisor. Polymarket’s trading volume in July has already exceeded the previous month’s record numbers.
Nate Silver Joins Polymarket as an Advisor
First reported by Axios and confirmed by Polymarket CEO Shayne Coplan, Nate Silver, known for founding 538 (formerly FiveThirtyEight), is joining Polymarket as an advisor. Silver’s expertise in election analysis and data interpretation will add value to Polymarket’s prediction platform.
Trading Activity Soars as Political Betting Surges
As the U.S. presidential election draws closer, a surge in political betting on the platform has led to a significant increase in trading volume. Traders are actively engaging in predicting various political outcomes, with impressive amounts of money being wagered.