ChainCatcher message, cryptocurrency investment firm 1confirmation announced its Q3 2024 LP letter on social media, stating in the letter by founder Nick Tomaino: "The largest investment to date is Polymarket. We invested in this project in its early stages in 2020 and have supported this company to this day. Currently, Polymarket's trading volume has exceeded $2.6 billion and has become the best real-time forecasting tool for the U.S. presidential election. You can watch founder and CEO Shayne Coplan discuss how Polymarket continues to release election news before other media on CNBC."
Some analysts say that trading volume will decline after the election, but I believe the prediction market will grow 100 times in the coming years, with Polymarket leading this trend. Geopolitical, cultural, health, and sports markets will play an important role in the prediction market, and the growth of the political market will continue.