Sweet! So originally I was trying a non-CFTC mechanism to launch a real-money prediction market, but then Kalshi got CFTC approval, and then it felt less impactful to launch a second real-money market whether via the CFTC or via other methods I was considering. Although Kalshi might not be launching markets around social impact questions so there’s probably still a social impact opportunity there.
Also, I looked into the costs and complexity, and it seemed pretty high. I wasn’t sure if I wanted to commit to doing it and ended up deciding on working on other projects that also seemed impactful like “GiveWell for Impact Investing.”
Oh cool! Yeah, we’re familiar with Kalshi—we’ve had a chance to chat with one of their founders!
Curious, was there any reason you ended up not pursuing either the CFTC or the charity route?
Sweet! So originally I was trying a non-CFTC mechanism to launch a real-money prediction market, but then Kalshi got CFTC approval, and then it felt less impactful to launch a second real-money market whether via the CFTC or via other methods I was considering. Although Kalshi might not be launching markets around social impact questions so there’s probably still a social impact opportunity there.
Also, I looked into the costs and complexity, and it seemed pretty high. I wasn’t sure if I wanted to commit to doing it and ended up deciding on working on other projects that also seemed impactful like “GiveWell for Impact Investing.”