Add news
March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010 November 2010 December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 September 2024 October 2024 November 2024 December 2024 January 2025 February 2025 March 2025 April 2025 May 2025 June 2025 July 2025 August 2025 September 2025 October 2025 November 2025 December 2025 January 2026 February 2026
1 2 3 4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
News Every Day |

I waited nearly 2 hours in the freezing cold for Kalshi's free groceries. Almost nobody cared about prediction markets.

Excuse my beet-red face. It just braved almost two hours waiting in a freezing cold line.
  • I went to Kalshi's free groceries event. The line took almost two hours.
  • Attendees got $50 to spend at New York's Westside Market, where prices were high.
  • In line, most of the people I spoke to had never heard of Kalshi or predictions markets. They just wanted free food.

About an hour into my wait for Kalshi's free groceries event, I could no longer feel my toes.

It was 30° in New York with a fierce windchill, and I was in line for $50 in free groceries from a betting site. My neighbor in line kept wiping away tears.

In the ultra-expensive New York, cheap groceries are hard to come by. My last bill at the Lidl in Park Slope — the most affordable grocery store in my neighborhood — was over $70. I could understand why New Yorkers bundled up at the prospect of $50 in grocery credit and waited for hours. And hours.

The prediction market is in grocery-off with Polymarket. Kalshi promised "open markets" at Westside Market — so long as you spent under $50.

With my teeth chattering, I chatted with my line-mates. Almost nobody I spoke to had heard of Kalshi. Nobody cared. They just wanted free food.

So did the marketing stunt work? It certainly drew hundreds of people — scroll on for a peek inside Kalshi's event.

Approaching Westside Market, the line stretched for blocks.

I arrived at Westside Market right before 1 p.m., about an hour after the store opened.

As I approached, I overheard some oohs and ahs at the gargantuan line. It flowed up 3rd Ave, all the way along 12th St, and then wrapped back around 4th Ave.

A confession: I'm not a line person. I don't believe in waiting for sample sales or hot restaurants or TikTok-viral shops. This would be a challenge for me.

I made it to the back of the line, where I noticed a divide.

At the back of the line, crypto influencers immediately swarmed around me. While filming, I heard one say that it took "an hour" to reach the back of the line. (It did not.)

The crypto influencers were among several new-age bro-types to approach the line but not actually enter it. These were the people who seemed to care about online betting and prediction markets. Most of those in line around me did not; they just wanted groceries.

On multiple occasions, I saw men walk up to the line and say something like: "Is this for Kalshi?" The people in line would go silent or respond, "It's for free food."

Kalshi and Westside Market employees tended to the line with hot coffee.

Kalshi employees existed, though they were hard to spot.

Like many next-gen tech companies, Kalshi is pumping out suave, minimalist merch. Some of their baseball caps have logos; others have the word "Kalshi" stacked into (admittedly stylish) text. But employees only identified themselves with these caps, making it difficult to clock them.

At one point, employees came around with hot coffee. My cold, cold line-mates were grateful.

Later, Kalshi hat-wearers came around with big QR codes to scan. If we downloaded the Westside Market app, the $50 would be added to our accounts, and we could avoid waiting in the cold.

We filled out the Google Form, but many remained skeptical about giving up their spot in line. Most people around me stayed.

I learned that waiting in line in New York is a humiliation ritual.

There are probably over 50 videos of me floating around on the internet, with my nose dripping and my face flushed red.

Want to see how big the internet economy has grown? Get in a line in New York. There were cameras everywhere. Influencers ran up and down the line, trying (and often failing) to speak to those queued up. Kalshi also filmed its own content, as seen above. Some TV stations also filmed the opening.

Then again, I'm not that different. I was also taking pictures of the line.

Meet my line neighbor, Bryn Durham

I bonded with my line-mate, Bryn Durham, about spirituality and the rising price of food.

Durham said he worked as a psychic medium and foot reflexologist. He grew up in New York, but spent about 20 years living outside Boston. His neighbor in Gramercy Park told him about the grocery promotion.

We spent a while thinking — maybe even fantasizing — about what we would buy. Durham planned to pick up some $9.99 sandwiches, in the spirit of living it up a little.

I asked: Do you know about Kalshi? "About what?" he responded. What about prediction markets? "No, nothing."

Alas, there was an inside portion of the line!

After about 90 minutes, I had made it to the inside portion of the line. It wasn't particularly warmer, but it did prove that the end was in sight.

This was where I really had to lock in. I had just a few minutes left in my audiobook (thank you for the distraction, Emily Chang) and could no longer wiggle my toes.

I waited, and waited, until I reached the front.

The Westside Market was quiet — and I realized why the line moved so slowly.

I made it inside! It was an incredible, cathartic moment. This must be what it feels like to finish a marathon or get to the top of a Taiwan skyscraper.

Durham and I spent much of the line fretting about what the inside would look like. Would the shelves be wiped out? But the store was quite orderly, almost quiet.

This is why the line was moving so slowly, I realized. They were keeping the inside calm by leaving the chaos on the outside.

Where was all the Kalshi branding in the store?

I expected Westside Market to be more Kalshi-ed out.

I spotted three big Kalshi posters in the store. One of these signs — the cover photo for this article — was tucked far away in the back of the store by the cleaning supplies. Mostly, it just looked like a grocery store.

I got a quick laugh when spotting a bunch of Kashi cereal. So close.

With $50 to spend, people were being selective.

With $50 to ration across the store, people seemed to be judicious about their grocery choices. Some aisles were more full than others.

Meat and poultry were heavily dug through, and the premade meals were also popular. Produce was less so.

The most empty section, by far, was the beverages aisle. Nobody seemed willing to waste a chunk of their $50 on a frivolous kombucha.

Want to talk about affordability? These groceries were expensive.

$50 isn't what it used to be.

Prices around the store were sky high. Most premade foods that I saw — mac and cheese, chicken tenders, wings — started at $9. Beef prices are surging, and the store's red meat options were often around $15.

Mass market, processed foods weren't much cheaper. I spotted $9 chips, $8 cookie dough.

Of course, New York is an expensive city — but Westside Market is especially expensive. It struck me as a bit odd for an event that ostensibly recognized the affordability crisis to take place in such a high-priced grocery store.

Waiting in line, I heard more than a few jokes about Zohran Mamdani's city-run grocery store idea. But would Mamdani's store charge $9 for a pack of Oreos? (If I were a betting man on prediction markets, my money would be on no.)

Leaving the store, I felt triumphant.

Checkout was easy. (I donated my "purchases" to a local community fridge due to our newsroom policy on accepting free gifts.)

My general takeaway: I'm still surprised at how little Kalshi was referenced. I wouldn't be surprised if most of the grocery shoppers never heard or thought of Kalshi once. It seemed to play better for the brand on X than in person.

Still, everyone was grateful for their free food.

Read the original article on Business Insider
Ria.city






Read also

You shouldn’t have posted that. Now what?

People lost weight while eating significantly more food — here's the secret

The eero Max 7 mesh WiFi system is $200 off at Amazon — act fast to save big

News, articles, comments, with a minute-by-minute update, now on Today24.pro

Today24.pro — latest news 24/7. You can add your news instantly now — here




Sports today


Новости тенниса


Спорт в России и мире


All sports news today





Sports in Russia today


Новости России


Russian.city



Губернаторы России









Путин в России и мире







Персональные новости
Russian.city





Friends of Today24

Музыкальные новости

Персональные новости