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It's quite interesting that Jeff, the owner of Hyperliquid, made a prediction market in 2018 and received incubation investment from YZi Labs. The design concept of that product can be said to be very similar to Polymarket today, but unfortunately, it was ahead of its time.
Two years later, a bankrupt young man set up a demo of a prediction market in his bathroom and uploaded it to the internet, named Polymarket.
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