this post was submitted on 26 Oct 2026
894 points (95.8% liked)

Funny

16757 readers
25 users here now

General rules:

Exceptions may be made at the discretion of the mods.

founded 3 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] hirihit640@sh.itjust.works 1 points 2 weeks ago (1 children)

first mover advantage

That's basically what I'm referring to here. Facebook wasn't the first social media platform but they were the first to capture enough users to monopolize the space. Yes all these companies had technical innovations too, but if you dig into Polymarket you can probably find some too. All of that doesn't matter if you can't get enough attention to reach critical mass though.

[–] chaogomu@lemmy.world 1 points 2 weeks ago (1 children)

The difference is, polymarket is a betting app in a saturated space.

It provides no useful service, just betting.

[–] hirihit640@sh.itjust.works 1 points 2 weeks ago

I'm not sure that matters in the attention economy.