Polymarket Token Airdrop Is Expected After The Success Of The US Election

Key Points:

• Polymarket token airdrop for users who reinvest their winnings is rumoured to be possible.
• The platform gained significant popularity during the 2024 U.S. presidential election, with betting volumes reaching $3.6 billion by November 5.

The decentralized prediction market platform Polymarket reportedly is teasing a token airdrop that might afford extra rewards to the users who redeem their winnings.

Read more: Polymarket User ‘Walletmobile’ Risks $10 Million on Trump’s Victory 

Polymarket Token Airdrop Revealed for Reinvesting Users

The Polymarket token airdrop would represent a major pivot for the platform, which has remained mum on any such launch despite its increased recent popularity.

Polymarket recently sent a message saying users who reinvest their winnings into new markets may be eligible for boosted rewards and future drops. An image circulating to some users, which was obtained by The Block reads: “We predict future drops.”

While many view this as confirmation of a future Polymarket token airdrop, the betting platform has not been commented on officially to confirm it. The same platform was once contemplated in September, raising about $50 million and issuing a token.

Polymarket Raises Funding with High-Profile Investors

The site’s popularity really started to take off in 2024, however, concerning the U.S. presidential election, in which its total betting volumes reached $3.6 billion as of November 5. It has turned into a home for monstrous wagers, including that French investor who netted almost $80 million after betting $45 million on Trump returning to the White House.

In addition to its swelling user count, Polymarket pulled in $70 million in funding through two rounds this year, investors including Peter Thiel and Vitalik Buterin.