Today, many English-speaking KOLs are fiercely criticizing @Kalshi, the prediction market platform, because Kalshi hired a KOL to whitewash its previous dark history: Kalshi slandered @Polymarket during the 2024 US elections, actively shutting down access for US users due to regulatory pressure. In simple terms: eliminating competitors under the guise of regulation.
That's why @nikokampouris said:
—— “They are trying to destroy what we built ourselves.”
—— “I support Polymarket because I support cryptocurrency.”
This is easy to understand; Polymarket is a decentralized, crypto-native platform that represents the decentralized, anti-censorship, and user sovereignty values of the crypto community. It is a project nurtured by the crypto circle, while Kalshi, backed by traditional finance with its Wall Street background under the supervision of the US SEC, is essentially an outsider.
Here, @0xMakesy directly called out John Wang for joining the paid posting gang, saying Kalshi is the least embodying the spirit of cryptocurrency among prediction markets.
After reading, the key point is that Kalshi hired KOLs to write soft articles to whitewash their image, but said nothing about how they used regulatory pressure against Polymarket.