Most people in prediction markets still talk about volume and features.
The better question is: who is this actually for, and why would they choose this over the alternative?
That’s what I write about.
Positioning • Segmentation • Distribution.
If that lens is useful to you, stick around.
Most teams in prediction markets treat “launch more markets” as the default growth move.
The data says it’s usually the wrong one. https://t.co/bgqjXLsa0L
Everyone is posting the volume chart again.
@Kalshi is not “winning.” It is the product where a normal person can trade the thing they just heard on the news, same morning, with a dollar account.
@Polymarket is not second. It is the one with the widest shelf.
@Novig is not a smaller Kalshi. It looked at that shelf and said no.
Most new ones still say “trade anything.” That is usually a product that has not decided what it is.
If a user had to describe yours to a friend in one sentence, what would they say?
The tier crypto teams underestimate.
@RobinhoodApp . @DraftKings . @Underdog . https://t.co/UzFyIsbpQe. Interactive Brokers.
None of them need to win X.
They need an existing user to place a second contract.
That's retention wearing an acquisition costume.
@pete_rizzo_ Size is not a pipe.
Kalshi has the regulated default and sportsbook flow.
Polymarket still has the cultural default.
A new venue cannot out-brand either. It has to take the distribution neither fully owns.
@realcryptomoses Open interest and volume are different businesses. OI is capital parked. Volume is repeat traders.
A marketer should care which one turns a first contract into a Thursday habit.
@On3 A sports desk publishing your odds is distribution most exchanges still do not have. Cheaper than a celebrity.
The open question is whether the reader places a contract or just screenshots the graphic.
@Polymarket New market speed is the real growth lever here.
The window between a headline and a listed contract is where casual users either place a first trade or bounce. Most venues still lose that hour.