What Polymarket do?
Polymarket is a cryptocurrency-based prediction market where users bet on the outcomes of future events. Here's what Polymarket does: Prediction markets - Users can bet on political events, sports, crypto prices, wars, and various other outcomes.
Trading shares - Users buy shares in outcomes they believe will occur. Share prices reflect the probability of each outcome. Market resolution - When events occur, markets resolve and winners receive $1 per share.
Transparency - All trades are recorded on the Polygon blockchain and publicly viewable. Wide range of topics - Markets cover politics, sports, economics, military conflicts, entertainment, and more. Founded in 2020 by Shayne Coplan, headquartered in NYC.
Users deposit USDC and trade binary outcome contracts.