Prediction Markets and DAOs Are Cousins, Says Syndicate Co-Founder

Group 1 - Prediction markets and decentralized autonomous organizations (DAOs) share strong similarities, as both blend social behavior and financial capital [1][2] - DAOs are seen as a means to coordinate human and financial capital, while prediction markets can also coordinate capital and human intelligence [1] - The evolution of Syndicate's focus includes enabling communities to launch their own blockchains through appchains, moving beyond just DAO infrastructure [2] Group 2 - DAOs were prominent during the pandemic, with various high-profile projects, but their visibility has decreased compared to prediction markets [3] - Despite regulatory threats, Kalshi recently surpassed $1 billion in monthly trading volume, and Polymarket had 226,000 active traders generating $1 billion in trading volume [4] - Prediction markets allow users to bet on a wide range of future events, indicating that the next chapter for DeFi may be influenced by upcoming news rather than governance discussions [5]