Farokh Sarmad, the President and Co-Founder of DASTAN, which includes projects like Myriad Markets, Rug Radio, and Decrypt Media, recently shared a clip from his appearance on The Rollup podcast. In the tweet, posted on September 15, 2025, Farokh dives into the massive potential of prediction markets, calling them far more than just a passing "meta" in the crypto world.
The tweet opens with a provocative question: "How do you even price the financialization of information?" Farokh argues that prediction markets are poised to become a multi-trillion dollar industry, drawing parallels to established financial instruments like credit default swaps, which already handle $5 trillion annually.
Inside the Clip: Farokh's Bullish Take
In the 48-second video clip attached to the tweet, Farokh passionately explains why prediction markets are a game-changer. Here's a cleaned-up transcript for clarity:
"Think about it—how do you even price the financialization of the most prolific asset, which is information? What price do you put on information that's just starting to become tradeable? Look at credit default swaps; that's a $5 trillion a year industry. You're telling me prediction markets aren't going to top that? I'm not even saying it's on par—this isn't some 2021 NFT moon boy hype. This is real. I'm in the arena, talking to all these serious players all day long outside of Twitter spaces. You're starting to see it: prediction markets are literally going to be the biggest thing. This is going to outpace securities."
Farokh emphasizes that unlike fleeting trends like the 2021 NFT boom, prediction markets represent a fundamental shift in how we value and trade information. He credits the hosts Andy and Robbie for the platform to share his views.
What Are Prediction Markets and Why Do They Matter?
For those new to the concept, prediction markets are platforms where users can bet on the outcomes of future events using cryptocurrencies. Think of them like a decentralized betting system, but with real-world applications in forecasting elections, sports, weather, or even crypto prices. Popular platforms like Polymarket have already shown how these markets can provide more accurate predictions than traditional polls by incentivizing participants with financial stakes.
In the context of meme tokens, prediction markets could be a huge boon. Imagine betting on whether a new meme coin like $DOGE or a fresh Solana-based token will hit a certain market cap, or if a viral trend will drive adoption. This financialization of information aligns perfectly with the fast-paced, community-driven nature of meme coins, where hype and sentiment often dictate value.
Community Reactions and Broader Implications
The tweet sparked engagement, with 75 likes, 12 reposts, and 41 replies as of now. Notable responses include:
- SWISH echoing the sentiment: "Facts. And how do you price the behavior and culture of the internet?"
- Good warning: "Those who think this is a meta will fade one of the biggest onchain innovations."
- Farokh himself replying to Good: "Damn right."
Other replies touch on AI agents, airdrops, and even unrelated promotions, highlighting the vibrant (and sometimes chaotic) crypto Twitter ecosystem.
For blockchain practitioners and meme token enthusiasts, Farokh's insights underscore a key opportunity. As prediction markets grow, they could integrate deeply with meme ecosystems, allowing traders to hedge against volatility or speculate on cultural shifts. With regulatory clarity potentially on the horizon, this sector might indeed eclipse traditional securities in scale.
If you're diving into meme tokens, keeping an eye on prediction markets could give you an edge. Platforms like Myriad Markets, co-founded by Farokh, are at the forefront, blending media, radio, and markets to democratize access.
Check out the original tweet here for the full clip and join the conversation. What's your take on prediction markets revolutionizing crypto?