Polymarket to Launch POLY Token with Airdrop, CMO Confirms
Polymarket's Native Token Launch and US Expansion
- Polymarket, a leading prediction platform, plans to launch its native token, POLY, which will include an airdrop.
- The announcement was confirmed by CMO Matthew Modabber on October 23 during the Degenz Live podcast.
- The token aims to provide true utility and longevity within the market, reflecting Polymarket's commitment to its community.
- Emphasis has been placed on prioritizing the platform's app launch in the United States before the token rollout.
- The U.S. app launch follows regulatory approval after halting operations for three years due to uncertainty.
- Speculation suggests the POLY airdrop might be allocated based on trading volume, rewarding the most active users.
- Polymarket's growing appeal is underscored by a $2 billion investment from Intercontinental Exchange (ICE).