What is Polymarket? How a Polygon Early Adopter Became the Official Prediction Market on X

Polymarket - a decentralized prediction market built on Polygon PoS partnered with X (formerly Twitter) and became the official prediction market on X. This partnership lets Polymarket to embed its capabilities directly into the platform to deliver real-time, blockchain-verified forecasts to X’s expansive audience. By leveraging Polygon’s high-speed, low-cost architecture, the initiative brings crypto-native insights to the mainstream in a frictionless format.

Polymarket operates by allowing users to make predictions on a wide range of topics - from political outcomes to current events – using blockchain-based infrastructure to ensure transparency and trust. Key technological underpinnings include self-custodial wallet support via Safe, decentralized resolution powered by UMA’s Optimistic Oracle, and fully onchain, verifiable data. These features enable participants to engage with sensitive market-driven topics securely, confidently, and with minimal transaction fees.

Read the whole article at: polygon.technology