Yong Social Finance

The platform built on crowd wisdom just got caught manufacturing the crowd Prediction markets sell a beautiful idea. Aggregate enough independent opinions, filter out the noise, and what remains is something close to truth. Wisdom of the crowd. Information distilled by money on the line. Polymarket rode that pitch to cultural relevance, turning political forecasts and pop culture wagers into a dashboard the world actually watched. Then came the report that threatens to hollow out the entire premise. Polymarket allegedly paid creators to post videos showing fake bets, fake excitement, and fake profits. Not organic users sharing genuine trades. A coordinated campaign designed to make the platform look hotter than it actually was. The crowd was not wise. The crowd was paid. What the investigation actually uncovered According to the TechCrunch report, Polymarket ran an influencer program that compensated creators for posting content about their bets on the platform. That part is not...