Crypto prediction market has also grown sharply: Will the company issue a token?

Crypto prediction market has also grown sharply: Will the company issue a token?

It is claimed that Polymarket, which is seen as the largest platform of the prediction markets, which has recently recorded serious growth in the crypto world, is also preparing to issue a token. Although there is no statement on the subject, it is noteworthy that some users have increased their transactions in this direction.

The year 2024 was also important in terms of airdrops in cryptocurrencies. The tokens of many new projects were sometimes disappointing and sometimes distributed above expectations. Users who wanted to access tokens early and therefore at a cheap price used the platforms intensively.

Significant growth from Polymarket

Now, it is claimed that Polymarket, the crypto-forecasting platform that has grown significantly in recent months, wants to enter 2025 by issuing a token. Although these claims have not yet been confirmed, it is stated that some of the users are trying to benefit as much as possible from the possible airdrop by increasing their transaction volumes.

The airdrop is also interpreted as a plan to increase growth and a ‘pre-token user attraction initiative’.

Buterin also invested

As it will be remembered, Polymarket raised more than $70 million in a Series B investment round in May, and Ethereum founder Vitalik Buterin was among the investors.

In August, the platform raised more than $450 million and increased the number of monthly active users to over 60,000, its own record.

The platform has many betting-prediction options, especially related to finance, from the US elections to how many basis points the Fed will cut.

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