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Polymarket: new native token airdrop coming soon?
By Davide Grammatica
Following the platform's success in conjunction with the U.S. elections, Polymarket is reportedly considering the launch of its own new token
A token for Polymarket
With the U.S. elections concluded with Donald Trump‘s victory, a new phase is obligatorily opening for Polymarket. Also for this reason, the launch of a new native token for the platform, much talked about in these hours within the community, does not seem far-fetched.
The issue had already been discussed in the past months, but the guarantees for a structured launch have only now arrived, following a steady exchange volume in the order of billions of dollars in recent months.
In September, for example, The Information had revealed how the platform team had considered raising $50 million to launch the new token, but then nothing more was done about it.
The U.S. elections, however, represented a turning point, and Polymarket’s popularity turned into authority. It is no exaggeration to say that the betting platform is now a landmark in the crypto world (and beyond).
Funds raised according to the U.S. vote were $3.6 billion, for more than 235.3 million active users in October.
The future of the platform
The first rumors with respect to a new airdrop come from Polymarket’s message dedicated to those who have cashed in their rewards. Indeed, the platform encourages people to reinvest their winnings in other markets to qualify for “future rewards and benefits.”
This shift presupposes a major development of the platform, but it is bound to find a solution to an inevitable decline in trading volumes.
Several problems, then, may also exist in the regulatory arena. Of concern in this regard is the investigation by the National Gaming Authority (ANJ) in France, which could block access to the platform in the country.
