Polymarket CEO says his prediction market is "the most accurate thing we have as mankind right now."

Polymarket CEO Shayne Coplan is betting on the wisdom of crowds.

On his cryptocurrency-based prediction market, customers wager real money on real-world events — everything from elections to sports, entertainment and even conflict. Polymarket has beaten the experts at predicting some outcomes.

"It's the most accurate thing we have as mankind right now, until someone else creates some sort of a super crystal ball," Coplan said.

What is Polymarket?

Coplan, a native New Yorker, dropped out of New York University in his freshman year. When COVID hit, found himself looking for simple answers to complex questions — the kinds that can, in some cases, be answered by prediction markets. He remembers asking himself questions like: "When is this going to end? When's the vaccine going to be read