Dave
MetaBeast
Kool
NatNat꧁꧁VoodooKing
xFactor
Bread
Moni
Landy
AlphaGamer
Kantorcodes
KkomaMMeta PoolDDεrriςκLlukiメOOSBISSung JinwooZZarakiKenpachiNatNat apologized for missing the intro after being up with the baby. MetaBeast, Kool, and NatNat joked around while praising Dave for amplifying the ATC community and pulling everyone up together.
0:00:00Morning trading DMs
Dave broke down NYSE parent ICE investing up to $2B in Polymarket at an $8B to $9B valuation. NatNat called it massively bullish as it shows they like the tech and revenue potential. Kool said Polymarket has gone fully mainstream with Musk tweets, CNBC appearances, and even an FBI raid. Bread and xFactor discussed the huge election and sports volume, data value, KYC in the US, and how the $9B valuation looks like a forward looking tech bet despite no fees.
0:25:54Bread on the Polymarket US waitlist and institutional validation of prediction markets
Landy called the deal a massive game changer that will push Polymarket to innovate revenue models like market making or withdraw fees while keeping low friction. Landy explained that early builders are testing ideas and that validators on proof of stake networks like Polygon can capture fees from growing dApps without project risk.
0:34:21Landy on what ICE's investment means for Polymarket users and potential token dynamics
Landy highlighted Polygon network activity from Polymarket and noted it remains substantially above last cycle levels. Kool found it strange Polygon price has not reacted more to the news and said we are not near altcoin season. NatNat agreed Polygon needs the alt season to perform.
Dave said the ICE deal boosts odds for elections and government budgets on blockchain rails. AlphaGamer discussed Stand With Crypto lobbying, banks fighting stablecoin yield, and energy plays tied to AI and miners like those pivoting with NVIDIA. Landy and others touched on market manipulation claims, search trends, and gold revaluation.
A guest presented MetaPool as a DAO governed liquid staking protocol on NEAR that is expanding multichain.
“Bro, yo, let me tell you. Like, I'm I'm literally playing it for Nat being like, you know what? Let me see my cohost. You know what I'm saying? Like, let me make them feel good. But, you know, I also did have a point to prove you were right, Meta Beast. Yeah. We we have not rung Nat up on charges for any of…”
“Yeah. Hell yeah. Hell yeah. Hell yeah. And listen, if you don't know kinda, like, how we do things over here, if you've listened to the show maybe previously, we kinda just go through a bunch of, like, a few headlines. I want you involved. Would love your take on exactly what's cooking. And then, you know, if if you…”
“Have y'all seen what he looks like also, by the way? I'm just saying when you hear Cole say all the time, it's the most indiscreet, like, sloppy clothes wearing, hair flopping looking dudes. That's the poly market owner that just got 2 freaking billion, okay, from the New York Stock Exchange, just FYI.”
“Yeah. So, like, in in 2024, Polymarket did, and I posted the article up that I that I was literally deep deep diving into this before this was announced. But they did 9,000,000,000 just in in gross, and they... Now they valued the company at 9,000,000,000 just on on on what was generated in 2024. Insane valuation…”
“Yeah. And and and for... If you think for one second that Polymarket and ICE is not going to be essentially charging Bloomberg a shit ton of money for Access who's then gonna charge these guys. You're mistaken. I promise you. Just that deal alone will probably value this entire deal worth it. Yeah. Go ahead, Moni.”
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Show discussion, not financial advice.
