In this article, I will tell you what Polymarket is. Why it is worth working on to get a retrodrop. And most interestingly, how to properly interact with the platform.

Polymarket is a betting platform created in 2020 where people can make predictions on the outcome of various events. It allows people to predict what will happen in the future, such as whether the price of Bitcoin will rise, who will win the election, or whether the economy will grow. Bets are made using cryptocurrency. The platform is completely autonomous and works through a smart contract.

This is a truly retrospective project that does not have its own token, which is silent about rewards and simultaneously collects investments ($74M). Twitter Score 400+, for comparison, the secure Tier-1 LayerZero has a lower score. The team is actively launching rumors that they are collecting a new round of investments for ~$50M.

Some statistics from Dune data:

• Only 12.7% of users made money on the site.

• Total wallets on the platform: ~185,000

• Forecasts:

up to 5 forecasts - 59k wallets

from 5 to 10 - 31k

from 10 to 20 - 32k

from 20 to 50 - 35k

More than 50 forecasts - 28k


How to become one of these users?

Go to Polymarket, register using your wallet, top up your balance in the Deposit section with a comfortable amount for you. Bets can be made from 1 cent. Choose any event and place a bet on the outcome.

Since we came for a retrodrop, and not to play ludic, we make bets "fork". This means that we bet on one event from two wallets, thereby creating a delta-neutral position and with any outcome we come out at 0, paying pennies only for the commission. Thus, we actively interact with the platform. The second option is to choose events with the smallest spread, buy them and immediately merge (as we do on DEX open/close a position) We bet on events that have a quick outcome (for example, a forecast for the price of BTC / SOL / ETH)


Thoughts on the criteria and the drop itself.

The main marketing push for user and liquidity forecast platforms was the US elections, which end on November 5, 2024. At that point, we will see an outflow of funds and a decrease in activity, the platform will need to connect the main marketing tool in crypto - airdrop.

I see the criteria as the number of active days, the number of bets, perhaps the volumes will have an impact (but not more than $ 1000). We try to actively use the platform before the elections, perhaps this will be a key date.


👨‍💻 We see solid green flags: there are fresh investments, no token, a small number of users, talks and rumors are going on, the platform has utilities. There have been talks about forecasts for a long time, even Vitarik Buterin wrote about them in his book. There are also red flags, one of them is the regulator. Therefore, a complete DYOR, do not leave a lot of money on the Polymarket account, funds can be blocked at any time.

I discuss all these points on my TG channel (pinned in the profile header)

#AirDrop‬#DeFi#Bitcoin#binance#ETH