Polymarket

Polymarket

Polymarket is an American cryptocurrency-based prediction market which 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 cryptocurrency through the Polygon blockchain network and trade shares that represent the likelihood of specific future outcomes. The company is headquartered in Manhattan, New York City, where the platform was launched in 2020, and has legal domicile in Panama. The platform has been described as operating in "a legal and ethical grey area" because of the controversial nature of the betting markets offered by the company, including markets related to military strikes and ongoing wars. The majority of trades on the platform are related to sports. While it is not labelled a sports betting platform, 63% of trades on the platform are for sports bets.

Data Source : Wikipedia

• Entity:  Company

• Type:  Private
• Industry:  Prediction Market, Sports Betting, Cryptocurrency
• Founded:  In New York City, U.s.
• Founder:  Shayne Coplan
• Area served:  Worldwide
• Key people:  Shayne Coplan (Ceo)
• Products:  Prediction Market Platform
• Owner:  Shayne Coplan (Majority)
• Wikidata description:  Online Prediction Solicitation And Aggregation Engine
• Wikidata label:  Polymarket
• Wikidata aliases:  Polymarket, Polymarket.com

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