If you closely follow Elon Musk’s Twitter activity and confidently predict the frequency of his tweets, could you convert your observations into cash? This is a deal made possible through Polymarket, an online prediction marketplace, an internet platform allowing you to profit from your fearless prophecy on the tweet frequency of Musk.
Interestingly, Musk’s Twitter-betting market on Polymarket is so robustly active, it has obtained a top-level link on the site and has a weekly recurrence. This week’s market has already crossed a trading volume of $1.9 million, with a regular trading average well above $1 million. Note that, your earnings would be according to your share proportion if your prediction on tweet frequency is accurate.
Originating in June, this weekly market offers another interactive platform for users to gamble on Musk’s tweets, ranged in 25-tweet increments from 300 to 550+. The discourse around the market is intensely serious, teetering leagues with discussions akin to gamblers at a race track expounding their horse picks.
For instance, user “Rogu” deliberated, “At a current rate of 50 tweets per day, it’s on track to hit 350. To reach 400+, the average has to rise to over 65 tweets daily. Although a substantial rise, it’s not an impossibility, especially with the upcoming Starship test flight, and Musk likely tweeting more.”
Kalshi, a rival to Polymarket, also flaunts a Musk top-level link, albeit focusing on assorted conjectures about Musk like his prospective net worth or roles in new administration.
The continued fascination with Musk’s Twitter presence presents an amusing yet peculiar manner of online money expenditure reflecting both profound interest and a playful spirit.
Original source: Read the full article on TechCrunch
