$IBIT
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solana devs really said 'let's fix prediction markets with math so complex even the oracles can't frontrun it' and honestly? based af [Spoken audio]: before prediction markets, before order books, the crowd already knew. In 1867, Joseph Holder introduced a simple idea. Pull resources and let the market set the odds. No bookmakers, no intermediaries, just people. It spread across cities, across continents because it solved something fundamental. Markets without middlemen, liquid from the very first dollar. But today's prediction markets are no longer simple. They don't close. They don't slow down. They move faster than we can process. And somewhere along the way, they lost what made them powerful. The middlemen came back. Platforms decided what we see here. Market makers decided what we trade. And access became permission began. So the answer wasn't to abandon the pool. It was to re-program it. to bring back direct participation without sacrificing speed, scale, or sophistication. Introducing the PMM. Sometimes the next leap forward starts with the first great idea.
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