US Edition
Polymarket and 𝕏 Announce Official Prediction Market Partnership
- On Friday, X, formerly Twitter, revealed its partnership with Polymarket as the platform’s designated prediction market provider and indicated plans to introduce a combined product today.
- Polymarket, established in 2020, allows individuals to place bets on the results of real-world occurrences using cryptocurrency but has faced regulatory challenges and has been inaccessible to U.S. customers since 2022.
- The partnership will combine Polymarket’s real-time predictions with X data and AI chatbot Grok’s analysis to deliver live, annotated market insights to users.
- In 2024, Polymarket facilitated over $8 billion in predictions, reached a monthly betting volume peak of $2.6 billion in November, and had more than 73,700 active users in June.
- This collaboration aims to improve users’ ability to interpret breaking news and make informed decisions, marking a new phase for transparency and truth on X’s platform.
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Musk’s X partners with online betting market that predicted Trump’s 2024 victory
Elon Musk‘s X announced a partnership with Polymarket, a booming new online betting market that made a name for itself by predicting President Donald Trump‘s 2024 victory. Polymarket allows people to put forward bets on various topics, paying for a “yes” or “no” on the outcomes of different events. It gained credibility in predicting outcomes after more accurately guessing the outcome of the 2024 presidential election than many pollsters, as bet…
·Washington, United States
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Coverage Details
Total News Sources58
Leaning Left1Leaning Right5Center8Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
C 57%
R 36%
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