Decentralized prediction market Polymarket appears to be on the verge of launching a token that hints at potential airdrops and rewards for users who actively engage with the platform.
In a teaser image reportedly shown to select investors by Polymarket, the platform said, “We anticipate future drops,” sparking speculation about a possible token launch that could reward users who reinvest their earnings into other prediction markets.
The move will mark a turning point for Polymarket, which has never previously committed to launching its own token despite trading in the billions. The recent US presidential election was a game-changer for the platform, with trading volumes skyrocketing to $3.6 billion as bets on the expected outcome increased.
According to a September report by The Information, Polymarket was considering a $50 million funding round and exploring options to launch its own token. While the token had not been finalized at the time, recent developments suggest the platform may now be closer than ever to launching one.
Users who reinvest their earnings may have the opportunity to “increase future rewards and drops,” a company insider said in a statement, hinting that loyalty to the platform could yield benefits beyond typical payouts.
*This is not investment advice.