ZeroHour
404 Mediapublished ()ingested Matthew Gault

Polymarket Gamblers Go to War Over Whether Zelenskyy Wore a Suit

lowIndustryimportance 30
Full article273 words · extracted from 404media.co · click to collapse

Polymarket, an online betting marketplace that bills itself as the future of news, can’t decide whether or not Ukrainian president Volodomyr Zelenskyy wore a suit during a recent appearance in Europe. The gambling site is set to make a final judgement about the question in a few hours and more than $160 million in crypto is riding on it.

Polymarket is a gambling website where users predict the outcome of binary events. It gained prominence in the runup to the 2024 election, signed an exclusivity deal with X in June, and sees itself not just as an online betting parlor, but as an arbiter of truth. Its founder, Shayne Coplan, thinks that the future of media belongs to a website made for degenerate gamblers to make silly bets.

And yet this arbiter of truth had trouble figuring out if Zelenskyy wore a suit at the end of June during a NATO summit. The bet, started on May 22, is simple: “Will Zelenskyy wear a suit before July?” The answer, it turns out, is pretty hard. When Zelenskyy showed up at a NATO summit wearing a tailored jacket and a button up shirt, a stark contrast to his more casual military style garb, a community-run Polymarket account posted, “President Zelenskyy in a suit last night.” 

This post is for paid members only

Become a paid member for unlimited ad-free access to articles, bonus podcast content, and more.

Subscribe

Sign up for free access to this post

Free members get access to posts like this one along with an email round-up of our week's stories.

Subscribe

Already have an account? Sign in

Text extracted automatically; images, tables and formatting may be missing. Original: https://www.404media.co/polymarket-zelenskyy-suit-decision-uma/