>>60619084Yeah, this kind of meme token trend was obviously rife with developers themselves taking all the gains. A deeply flawed attempt to financialize non-financial happenings. But it showed there is appetite.
Polymarket is better at this, but obviously also it has its own problems. The bets have discreet outcomes and also the outcomes can often be ambiguous needing a centralized "judge". Nevertheless Polymarket has become popular, mainstream even.
These two things, that are betting on non-financial events/trends, happened both in the last few years. It shows the appetite. If someone can make a version that reduces the flaws, it will become huge.