X, East Twitter, Announced On Friday that it has participated PolymarketThe official prediction of the platform was named as the market partner. Launched in 2020, polymercate allows users to bet on the results of real world events using cryptocurrency.
Although companies did not announce the specifics about the partnership, they shared that they would “launch an integrated product” to “meet data-operated insights and recommendations”. Polymercate predictions will be combined with X data to provide live insights, with the actual time anotation of the market from the grooc and relevant X post, the polymercate explained in one. Press release,
The company said that the product would be the first in the “A Suit of Integration and Unique Experiences” that would emerge from the partnership.
“The combination of the exact, fair and real-time prediction market possibilities of polymercate with the analysis of the Groke and the real-time insight of the X will enable us to provide users relevant, data-powered insight to millions of polymercate users worldwide,” Shayane Kopalan, Founder and CEO’s founder and CEO said. “We are ready to create a quick understanding of Breaking News for X and Polymerte users and to increase the ability to make informed about the future as we continue to score our platform.”
In 2024, propheals of more than $ 8 billion were made on polymercate during politics, current events, pop culture, and more.
The news comes after about a year Polymarket partne To display news summary of events. It happened around the same time Polymarket participated with substack To allow writers to embed the prediction data from their platform in their posts.