• hirihit640@sh.itjust.works
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    17 hours ago

    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
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      5 hours ago

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

      It provides no useful service, just betting.