
About
Jon Jordan talks to Forkast CEO Chris Gonsalves and Arbitrum Gaming Ventures Ethan Sy.
- [1:12] Ethan's history. He was previously at Play Ventures, investing in web2/3 gaming.[3:05] Chris started at Bitcoin Center. Moved to Consensys, then co-founded Community Gaming.[4:26] Esports prediction markets launched within Community Gaming, which became Forkast.[4:56] Chris believes prediction markets will take market share from all trading apps.[9:15] The worst time to invest in blockchain gaming was when everyone was investing.[12:07] Arbitrum is the solo LP in AGV, but the fund is returns-focused, not just ecosystem-focused.[15:06] How does Forkast compete with Polymarket and Kalshi etc?[16:19] Forkast is a prediction market for gamers and esports fans, focused on emerging markets.[17:55] "We think esports predictions are a huge, untapped global market."[23:25] Forkast includes rewarded quests and gamified features to encourage engagement.[24:50] Trading on the metrics of individual companies such as Apple and Tesla will be huge. [27:17] Allowing users to create their own prediction markets is tricky due to how they are resolved.[28:45] Is the 'financialization of everything' a good thing for society?[35:27] What do esports teams think about prediction markets like Forkast?