basil

building something new with @derekbrown

[basil @0xbasil]

@frogmonkee congrats man

[basil @0xbasil]

not parimutel, not clob, but a third more secret thing…

[good @thenarrator]

the next breakthrough in prediction markets is not choosing the right mechanism. it is combining them across a market’s lifecycle

each phase uses the mechanism best suited for that stage

[basil @0xbasil]

hedge everything

[GURGAVIN @gurgavin]

BUSINESSES ARE NOW USING PREDICTION MARKETS TO HEDGE PROMOTIONS LOL

A BAR IN NYC HAD A PROMO IF THE KNICKS WIN, THEY COVER EVERYONE’S DRINKS FOR THE NIGHT

THE BAR PLACED A $5K HEDGE ON KALSHI THAT PAYS OUT IF THE KNICKS WIN

THE BAR WINS EITHER WAY

[basil @0xbasil]

soon, directly. but why stop there? short the category. short the operator. short the revenue growth. short the average tokens purchased per user. short the infrastructure (no, not only the public ones). oh, the infra is public? then short the isolated business line.

[david phelps @divine_economy]

what's the best way to short AI right now?

[basil @0xbasil]

prediction markets are the true markets in terms of informational input making them the true markets in terms of financial output

[good @thenarrator]

prediction markets are the true internet capital markets

[basil @0xbasil]

@zeroxkyle @varrock you can long all of this on what we’re building 🤝

[basil @0xbasil]

if only there was a way to long niche consumer baskets and hedge against everyday spending…

[Kyle @zeroxkyle]

What to long for K-shaped economy:

1. Trading cards & collectibles
2. Peptides
3. AI semis
4. Luxury experiences
5. Raves
6. Biohacking
7. Status games
8. Luxury beliefs
9. Ice baths
10. Sound baths
11. Therapists
12. Red-light districts
13. Soft wealth items
14. Walled Gardens

[basil @0xbasil]

imagine trading ALL businesses at ANY time on actual sales figures and not some random numbers bankers & fp&a make up

[CoinDesk @CoinDesk]

LATEST: @Polymarket partners with @Nasdaq Private Market to launch prediction markets tied to private company milestones including valuations and IPO timing, opening a $5T private market previously reserved for institutional investors.

[basil @0xbasil]

let the games begin

[Andrea @iiiitsandrea]

got to preview it with their team today and all I can say is “let the games begin”

[Ecomm Cowboy @ecommcowboy]

Whoever is behind “Polymarket for CPG” should come on the show—we need details.

Also, subscribe to @thesnaxshot.

[basil @0xbasil]

@ecommcowboy @iiiitsandrea @thesnaxshot 👋

[basil @0xbasil]

most obvious token since vvv btw

[Toady Hawk @toady_hawk]

what did he know

[basil @0xbasil]

@toady_hawk ez

[basil @0xbasil]

@TimmBrocks @iiiitsandrea 🎯

[basil @0xbasil]

@iiiitsandrea 👀

[basil @0xbasil]

@enovinson @iiiitsandrea consumers too 👀

[basil @0xbasil]

big if true

[Eric Novinson @enovinson]

@iiiitsandrea That kind of thing allows hedge funds to hedge things that are normally hard to hedge.

[basil @0xbasil]

@iiiitsandrea hi

[basil @0xbasil]

LEMME GET A LITER O COLA

[basil @0xbasil]

bucket economy

remember when they banned XL soft drinks