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1confirmation Partner: has participated in multiple rounds of financing for Polymarket and will continue to increase investment, optimistic about the information value of prediction markets

Nick Tomaino, a partner at 1confirmation, stated that 1confirmation has participated in all rounds of financing for Polymarket to date and has decided to increase its investment again. Although the fund focuses on seed-stage investments and typically does not participate in later-stage financing, it believes that Polymarket is worth breaking this investment convention.Nick Tomaino mentioned that there has been a demand for prediction markets for over a century, as users wish to place bets on events in politics, culture, and more. In the age of AI, one of the biggest challenges faced by young people is discerning the truth of information, and prediction markets can transform users' trading and investment enthusiasm into more accurate information.He emphasized that the long-term value of Polymarket is not just in sports betting, but in providing a more effective information discovery mechanism for political, geopolitical, and cultural events. Currently, while the U.S. market is primarily focused on sports trading, the accuracy of information is what gives prediction markets their more enduring value.Additionally, he believes that Polymarket's business is continuously upgrading, with the current management team performing excellently, and the products in the U.S. market are at an industry-leading level, with revenue consistently reaching new highs. Regarding the token program, he stated that while he did not fully agree with some of the related promotional methods previously, it is unreasonable to assert that the token program has lost its potential.Finally, Nick Tomaino stated that Polymarket founder Shayne has a strong desire for success and is one of the most direct and transparent people he knows.

Solana tightens validator funding rules, with a participation period limited to 12 months

The Vice President of Technology at the Solana Foundation, Jacob Creech, responded to the controversy arising from the recent adjustments to the Solana Foundation Delegated Program (SFDP). The adjustments include: setting the participation period for validators in the SFDP to 12 months, automatic graduation after staking 300,000 SOL, capping the number of validators at 100, and requiring participants to run their own validator nodes.Jacob Creech stated that the SFDP originally had three main tasks: to help new validators get started, to establish a healthy testnet, and to allow some validators to test network updates early. As the Solana ecosystem expands and the validator community matures, the original mechanisms have struggled to adequately meet the ever-changing demands of the network. The foundation hopes to shift towards a more proactive and flexible delegation mechanism, focusing on supporting network health and ecosystem contributors. The SFDP will continue to support new validators, and the foundation will also reward validators who make significant contributions to network health through delegation outside of the program. Previously, the foundation had delegated staking to ecosystem contributors like Blueshift and supported validators who were the first to test Frankendancer.In response to community concerns that the adjustments might lead to a decrease in the number of validators, Jacob Creech stated that reducing the number of validators is not the goal of this adjustment. However, if enough high-quality contributors cannot be found, a decline in the number of validators may become a side effect. He also revealed that over 100 validators have submitted materials to apply for continued support.
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