Re:Show HN: I’m paying Americans $100k to predict the midterms
by ortusdux on Thursday October 20, 2022 @12:45PM
(#33277327)
From Kalshi's FAQ - "What is Kalshi?:
Kalshi is the first CFTC regulated exchange dedicated to trading on a new asset class: event contracts. These contracts are structured as questions about whether a future event will happen and can be answered by a simple Yes or No.
Covering a wide range of topics from weather to international affairs to media and more, Kalshi’s event contracts allow you to capitalize on your opinion and hedge everyday risks."
Kalshi is the first CFTC regulated exchange dedicated to trading on a new asset class: event contracts. These contracts are structured as questions about whether a future event will happen and can be answered by a simple Yes or No.
Covering a wide range of topics from weather to international affairs to media and more, Kalshi’s event contracts allow you to capitalize on your opinion and hedge everyday risks."
https://kalshiexchange.zendesk.com/hc/en-us/articles/7351844...
https://kalshi.com/learn/what-is-event-contract
To try and answer your question - Probably to drum up business.