Kalshi CEO: Predicts that the popular candidates in the market will win 479 matches, accounting for 98%
The co-founder and CEO of the prediction market platform Kalshi, Tarek Mansour, tweeted that in yesterday's U.S. elections, the popular candidates in the prediction market won 479 out of the first 487 elections, accounting for 98%.
He stated that the elite in Washington, D.C. have often underestimated the market, believing that "these people" do not understand politics, while the general public accurately expressed their judgments through the prediction market. The prediction market allows local knowledge scattered across different places to be aggregated, enabling voices to be heard without titles or large fan bases, changing the structure of information power.