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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.
This year, Polymarket has seen $1.75 billion worth of trading volume, according to data from The Block, with betting activity exploding on US election outcomes. In October alone, the betting ...
The betting site Polymarket has emerged as a hot topic in the 2024 presidential race. Trump's odds of winning are at 66% there based on bets. National polls generally show the race tied.
Polymarket is not just an intriguing new fixture of the U.S. election scene. It is also a hot startup whose $70 million raised so far, including a $45 million funding round in May, comes from ...
Polymarket, built on the Polygon blockchain, has seen rapid growth this election cycle. Its total value locked (TVL) surged from $9.5 million in stablecoins at the start of the year to $220 million.
“Make no mistake, Polymarket single-handedly called the election before anything else,” Polymarket CEO Shayne Coplan posted on X on Wednesday. “The global truth machine is here, powered by ...
The success Polymarket has had predicting political outcomes is somewhat surprising considering that betting on elections is illegal in the U.S., and bettors in the U.S. are technically barred ...
Election polls may seem cheerless, inscrutable, and wrapped in data and murky terminology. But on close examination, it’s clear they possess and project an unexpected degree of entertainment ...