TechFinancial Times53m ago
A look at Alpha, an invite-only Discord server of ~30 mostly Gen Z
A look at Alpha, an invite-only Discord server of ~30 mostly Gen Z Polymarket traders who pool research and capital and have made an estimated $40M since 2024
TL;DRYoung traders in private Discord group made $40M betting on prediction markets collectively.
Why it matters: Shows how information asymmetry and coordinated capital can exploit emerging financial platforms for outsized returns.
In a private group chat, an elite crew of prediction-market bettors turn elections, wars and disasters into ‘free money on the floor’.
Read full articleSource: Financial Times · Opens in new tab