Polkamarkets (POLK) is a decentralized platform on Polkadot that leverages prediction markets to forecast real-world outcomes. More
Fully Diluted Valuation | $862,851 |
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24H Trading Volume | $32,133 |
24H Low / High | $0.01 / $ 0.01 |
Circulating Supply | 100.00M |
Total Supply | 100.00M |
Max Supply | 100.00M |
Categories | Prediction Markets 3 more |
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Founder | Ricardo Marques |
Website | polkamarkets.com |
Socials | |
Chains | Ethereum Ecosystem |
Explorer | Arkhamintelligence 2 more |
Contracts |
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Name | Pair | OG Score |
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Polkamarkets (POLK) is a decentralized platform on Polkadot that allows users to predict real-world events and earn rewards. It aims to solve problems in prediction markets like low liquidity and limited participation by using blockchain technology and DeFi practices.
How It Works
On Polkamarkets, users can bet on outcomes in various categories, including Crypto, Gaming, Sports, and Politics. The price of each outcome is determined by the number of bets placed, and the correct prediction earns the full value when the market resolves.
Key Features
Polkamarkets addresses issues in prediction markets by incentivizing users to provide liquidity and participate in predictions. The platform also integrates DeFi features like liquidity mining and yield farming to encourage regular activity.
POLK Token
POLK is the platform’s native token, used for settling disputes and transactions. With a total supply of 100 million, POLK can be earned through participating in the platform and providing liquidity.
Conclusion
Polkamarkets (POLK) leverages blockchain and DeFi to enhance prediction markets, offering users a reliable way to forecast events and earn rewards.
Polkamarkets is unique for combining prediction markets with DeFi features like liquidity mining and yield farming, allowing users to predict real-world events and earn rewards on a decentralized platform.
Polkamarkets was founded by Ricardo Marques (CEO), Francisco Lourenço (CMO), and Henrique Caiano (Product Advisor).
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