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Polymarket is an American cryptocurrency-based prediction market, headquartered in Manhattan, New York City. Launched in 2020, it offers a platform where investors can place bets on various future events, including economic indicators , weather patterns, awards, as well as political and legislative outcomes.
Prediction markets can be more accurate than polling when it comes to elections, a professor told Business Insider. There's over $606 million wagered on the 2024 election on Polymarket, favoring a ...
Polymarket investors include the early Facebook backer Peter Thiel, ethereum's cofounder Vitalik Buterin, and Airbnb's cofounder Joe Gebbia. The company has raised a total of $74 million ...
“Last night, Polymarket proved the wisdom of markets over the polls, the media, and the pundits,” the prediction platform posted on X on Wednesday. “Polymarket consistently and accurately ...
Polymarket, by contrast, has become a fixture of political Twitter and, according to Nick Tomaino—whose venture fund 1confirmation has invested in all of these projects—is the go-to site for ...
Polymarket declined to comment for this story, but a person familiar with the company said it was unlikely the court ruling would result in any sites offering bets in the U.S. on the presidential ...
Plus: Democrats admitting big cities have big problems, Tulsi Gabbard's appointment, and more...
Polymarket odds offer a useful gauge for predicting the upcoming election, but there are significant caveats. Real-time prediction markets can react faster than polls, making them a key part of ...