Syndicate co-creation: prediction markets and DAOs are closer together, both involving the "combination of social behavior and capital".

According to Mars Finance, on September 22, Syndicate co-founder Ian Lee recently stated that prediction markets and Decentralized Autonomous Organizations (DAOs) may be closer than the outside world thinks, as both involve “the combination of social behavior and capital.” Lee pointed out that the essence of a DAO is to coordinate both human capital and financial capital, while prediction markets are also coordinating funds and collective intelligence, thus can be seen as a type of DAO. He emphasized that prediction markets should not be viewed solely as “gambling tools,” but rather as “socialized financial networks.” Currently, platforms like Kalshi and Polymarket are active, with the former's monthly volume exceeding $1 billion and the latter having 226,000 active traders last month, with a trading volume of approximately $1 billion as well. (Decrypt)