Syndicate co-founder: Prediction markets are closer to DAOs, both involving the "combination of social behavior and capital"

Syndicate co-founder Ian Lee recently stated that prediction markets and decentralized autonomous organizations (DAOs) may be closer than some people realize, as both involve "the integration of social behavior and capital." Lee pointed out that the essence of DAOs is the simultaneous coordination of human and financial capital, while prediction markets also coordinate funds and collective wisdom, and therefore can be considered a type of DAO. He emphasized that prediction markets should not be viewed simply as "gambling tools" but rather as "social financial networks." Currently, platforms such as Kalshi and Polymarket are experiencing active trading, with the former exceeding $1 billion in monthly trading volume, and the latter reaching 226,000 active traders last month, also with a trading volume of approximately $1 billion. (Decrypt)