Description
Polkamarkets is a decentralized prediction market platform built on the Polkadot network, launched in 2021, focusing on secure and interoperable forecasting across domains like sports, crypto, finance, and world events. It integrates DeFi mechanisms to foster an economic model rewarding accurate predictions and enhancing liquidity. Utilizing its native POLK token, Polkamarkets enables governance, staking, and participation. The platform allows users to take positions on real-world outcomes as tradeable assets, driving engagement through cross-chain exchanges within the Polkadot ecosystem. With a total supply of 100 million tokens and about 89.7 million in circulation, it recently reported a trading volume of $167,310.72 and a price increase to $0.01659363 USD. Engaging its community, Polkamarkets offers a decentralized alternative to traditional prediction markets, fostering predictive accuracy and liquidity provision. More details are available on their official website.
Polkamarkets is a decentralized prediction market platform built on the Polkadot network, launched in 2021, focusing on secure and interoperable forecasting across domains like sports, crypto, finance, and world events. It integrates DeFi mechanisms to foster an economic model rewarding accurate predictions and enhancing liquidity. Utilizing its native POLK token, Polkamarkets enables governance, staking, and participation. The platform allows users to take positions on real-world outcomes as tradeable assets, driving engagement through cross-chain exchanges within the Polkadot ecosystem. With a total supply of 100 million tokens and about 89.7 million in circulation, it recently reported a trading volume of $167,310.72 and a price increase to $0.01659363 USD. Engaging its community, Polkamarkets offers a decentralized alternative to traditional prediction markets, fostering predictive accuracy and liquidity provision. More details are available on their official website.
