Polymarket
Definition
A cryptocurrency-based prediction market platform that allows users to bet on the outcomes of real-world events, such as elections, sports, and economic indicators, using blockchain technology and USDC stablecoin.
Launched in 2020 and headquartered in New York City, it is known as one of the world's largest decentralized prediction markets, where share prices reflect crowd-sourced probabilities.
Examples
I sunk my stimulus check into Polymarket predicting a celebrity divorce, and now I'm the oracle of Hollywood heartbreak.
Polymarket had Bitcoin hitting $100k by Christmas; turns out my fruitcake prediction was more accurate.
Thanks to Polymarket odds, I skipped the office pool and turned my gut feelings into gains faster than you can say 'blockchain bubble.'
My grandma beat the pros on Polymarket by betting against the weather app—retirement just got a crypto upgrade.