Polymarket
Sign in to saveAlso known as polymarket.com
Polymarket is a global cryptocurrency-based prediction market, headquartered in Manhattan, New York City. Launched in 2020, it offers a platform where individuals can place bets on future outcomes, including sports matches, economic indicators, weather patterns, awards, political and legislative outcomes, and military conflicts. Participants can deposit USDC cryptocurrency through the Polygon blockchain network and trade shares that represent the likelihood of specific future outcomes.
Key facts
- Company.name
- Polymarket
- Company.logo
- Company_Logo_Polymarket.png
- Company.logo_upright
- 1.1
- Company.industry
- Prediction Market
- Company.founder
- Shayne Coplan
- Company.location
- 1280 Lexington AvenueNew York, NY 10028 U.S.
- Company.key_people
- Shayne Coplan (CEO)
via Wikipedia infobox
Wikidata facts
- Official website
- polymarket.com
Show 1 more fact
- inception
- 2020-00-00
Sources (1)
via Wikidata · CC0
~16 min read
Article
14 sectionsContents
- History
- 2024 United States elections
- Relationship with Trump family
- Russo-Ukrainian War
- 2026 United States attack on Venezuela
- Nuclear war bets
- Twelve-Day War and 2026 Iran War
- Legal and regulatory issues
- Regional lawsuits and bans
- Asia and Europe
- United States
- See also
- References
- External links
Polymarket is a global cryptocurrency-based prediction market, headquartered in Manhattan, New York City. Launched in 2020, it offers a platform where individuals can place bets on future outcomes, including sports matches, economic indicators, weather patterns, awards, political and legislative outcomes, and military conflicts. Participants can deposit USDC cryptocurrency through the Polygon blockchain network and trade shares that represent the likelihood of specific future outcomes.
The controversial nature of the betting markets offered by the company (which allow betting on military strikes and ongoing wars), as well as the ability of individuals with insider information to bet on outcomes, have been described by the Wall Street Journal as a "legal and ethical grey area." Numerous instances of suspicious trading have been observed on Polymarket, as well as attempts by gamblers to manipulate outcomes and pressure journalists to change reporting.