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We just launched the Kalshi Midterms Hub. It will house all information about elections in one place: prediction market data, maps, polling, news, fundraising, historical results, and KPOW. Historically, political news has primarily come from a few established gatekeepers like mainstream media, pollsters, and select pundits. While that information flow from top to bottom may have been necessary given tech constraints, the views and biases of elites were inherently baked into the political reporting. Prediction markets change that by giving us measures that flow in the opposite direction, bottoms-up, from the people rather than down from elites. While trust in prediction market data is increasing rapidly, there are skeptics. So we want people to look at them next to the alternative sources of information and make their own independent assessments.
Today we're launching the Kalshi Midterms Hub — the first election hub built on the wisdom of the crowd.
I'm proud of the team for putting the launch event together in DC this morning.
Election markets have been my dream since the start of Kalshi. The holy grail of prediction markets, they shed light on some of the most consequential, decentralized and human processes in the world, where good data is crucial and hard to find. Working on the midterms hub was awesome - it’s a massive responsibility bringing this to the world. It’s changed the way I interacted with the electoral process and made me smarter - I hope it does the same to you :)
We just launched the Kalshi Midterms Hub. It will house all information about elections in one place: prediction market data, maps, polling, news, fundraising, historical results, and KPOW. Historically, political news has primarily come from a few established gatekeepers like mainstream media, pollsters, and select pundits. While that information flow from top to bottom may have been necessary given tech constraints, the views and biases of elites were inherently baked into the political reporting. Prediction markets change that by giving us measures that flow in the opposite direction, bottoms-up, from the people rather than down from elites. While trust in prediction market data is increasing rapidly, there are skeptics. So we want people to look at them next to the alternative sources of information and make their own independent assessments.