Polymarket, the decentralized prediction market, appears to be hinting at a potential token airdrop, suggesting that users might receive additional rewards on top of their winning bets.
This marks a shift for Polymarket, which previously didn’t promise a token launch despite handling billions in trading volume, especially in connection with U.S. presidential election predictions.
According to a promotional image reportedly shared with certain traders, users who reinvest their winnings into new markets may qualify for enhanced future rewards or airdrops.
Back in September, Polymarket was reportedly exploring a $50 million funding round and a possible token launch, though no specific timeline was set.
The 2024 U.S. presidential election has brought unprecedented activity to Polymarket, drawing in massive betting volumes. By election day, wagers on the election’s outcome hit $3.6 billion, and in October, the platform recorded a high user count of 235.3 million, with numbers still climbing in November.
In a surprising shift beyond the education sector, Classover—a company best known for its online learning programs for K-12 students—is diving into digital assets by building a reserve of Solana (SOL).
BlackRock has executed a notable portfolio adjustment, reducing its exposure to Bitcoin while increasing its Ethereum holdings.
Investor excitement around a potential XRP exchange-traded fund is reaching fever pitch, with many now eyeing 2025 as the year the long-awaited approval finally lands.
Omni cofounder Austin King believes the cryptocurrency industry is on the verge of a major reinvention.