Place your bets on Polymarket and get a possibility for an airdrop!
Polymarket
Infrastructure
Polymarket
Progress mission: 0 of 3
Rewards
Rewards
TBA
Past rewards
$500 $24,500
Details
Minimal cost
~$20
Time required
15 min.
Category
Mainnet
Rating
6/10
Risk
High
Polymarket is negotiating to raise over $50 million, likely tied to a potential token launch. The platform has attracted nearly $1 billion in bets on events like the US presidential election.
Participating can be costly and risky due to its gambling nature. Polymarket was fined $1.4 million by the CFTC, and being based in New York makes it harder to do an airdrop under US laws.
Pros & Cons
Why is it worth it?
Significant Funding
Raised $74 million, led by a top-tier fund, Polychain Capital, indicating strong financial backing.
Proven Track Record
Established history as a reliable platform, enhancing user trust and the likelihood of an airdrop.
Risks to consider
Competitive User Base
Being operational since 2020, new users may face challenges in achieving high airdrop rankings compared to longer-term users.
Very High Risk
The main activity involves placing bets, which is considered very high risk and can result in significant capital losses. Only bet what you are willing to lose.
Requires a Lot of Funds
To efficiently participate and generate sufficient betting volume, you need at least $300.
How to participate?
Every opportunity has its own rules. Following these closely can significantly increase your chances of qualifying for rewards. Here’s a list of recommendations from our team to help maximise your chances of benefiting from this opportunity.
- Place Bets on the Platform: The key activity is to place bets. This increases both your transaction count and the total amount of your bets (transaction volume) on the platform. Aim for at least 5 transactions and $1,000 in total bet volume.
- Be Aware of Risks: Remember that if your bet is incorrect, you will lose the money you bet. It's important to be cautious and understand the risk involved.
- Bet Regularly for Higher Involvement: To increase your involvement on the platform, try to place bets regularly. This will boost both your total betting volume and the number of transactions you make.