As prediction markets gentle up with consideration, Polymarket’s Chief Marketing Officer Matthew Modabber revealed that the corporate is gearing up for both a token launch and an airdrop. His announcement lands factual as Polymarket enters early talks to genuine original funding at a a lot loftier valuation—recent off the heels of Intercontinental Change’s hefty $2 billion investment.
Polymarket’s Subsequent Great Strikes
Polymarket appears to be like to be gearing up for both a token launch and an airdrop, in accordance with CMO Matthew Modabber. Speaking on the Degenz Stay podcast, Modabber defined that the personnel can own rolled it out earlier however chose to scheme end their time to carry out issues factual.
“There’ll likely be a token, there’ll likely be an airdrop,” Modabber remarked.
He defined that the aim is to procedure a token with valid utility and staying energy—“to be around and not using a damage in sight,” as he set it. “That’s what we depend on from ourselves, and that’s what I relish everybody within the residence expects from us,” Polymarket’s CMO added.
The news landed factual as Intercontinental Change (ICE)—the mother or father company of the Unique York Stock Change (NYSE)—poured $2 billion into the budding prediction market platform.
Additionally, Bloomberg reported earlier this week that Polymarket is silent in early-stage talks for a funding round valued between $12 billion and $15 billion. Bloomberg’s Kate Clark cited “other folks familiar with the matter,” adding that “Polymarket declined to commentary on the most modern deal talks.” Polymarket’s chief rival, Kalshi, factual locked in a hefty $300 million expand of its own.
With original capital brewing and a token fall on deck, Polymarket’s personnel might maybe perhaps soon be paddling by piles of cash. A hefty valuation and ICE’s billions own already laid the groundwork, however the incoming token might maybe perhaps crank both the corporate’s worth and its momentum up yet every other notch.
On high of that, with an airdrop in play, Polymarket appears to be like to be teeing up a frenzy of onchain relate as customers jockey for a allotment of the walk.
FAQ 🧠
- What is Polymarket planning?
Polymarket plans to launch a token and airdrop, in accordance with CMO Matthew Modabber. - How a lot funding has Polymarket secured?
Intercontinental Change (ICE) no longer too long within the past invested $2 billion within the corporate. - What valuation is Polymarket aiming for?
Bloomberg reviews the agency is in early funding talks valuing it between $12 billion and $15 billion. - Who’s Polymarket’s greatest competitor?
Kalshi, which factual raised $300 million, remains Polymarket’s most well-known rival.
