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Polymarket community users expect it may launch tokens next year, but no official confirmation yet

Polymarket community users expect it may launch tokens next year, but no official confirmation yet

Bitget2024/09/08 15:07

Some users in the Polymarket community expect the platform to launch a token next year, and a significant number of traders are already trying to boff potential airdrops, Decrypt reports. At this stage, as the platform does not charge transaction or subscription fees, Polymarket may be considering a token to fuel the next phase of its potential growth and expansion following a funding round earlier this year.

Tyrael, an anonymous trader, says Polymarket will likely have a TGE campaign so that investors can get some return on their capital. According to Polymarket giant Fhantom Bets, the site has seen an increase in trading volume following a new capital infusion in its Series B funding round, further fueling the airdrop rumors.

While rumors of a Polymarket token release have yet to be officially confirmed or an expected release date announced, Fhantom Bets speculates that the token release will likely take place after the U.S. election.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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