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Polymarket - Wikipedia
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3/5
Good(3)Good quality. Reputable source with community review or editorial standards, but less rigorous than peer-reviewed venues.
Rating inherited from publication venue: Wikipedia
Relevant to AI safety discussions around forecasting and prediction markets as epistemic tools; Polymarket is sometimes cited in contexts involving AI-driven forecasting, but primarily operates as a general-purpose crypto prediction market with notable governance and integrity concerns.
Metadata
Importance: 25/100wiki pagereference
Summary
Polymarket is a cryptocurrency-based prediction market platform launched in 2020 that allows users to trade on the probability of future events across politics, economics, sports, and more using USDC on the Polygon blockchain. The platform has faced regulatory scrutiny, bans in multiple jurisdictions, and ethical concerns around insider trading and outcome manipulation.
Key Points
- •Launched in 2020, Polymarket enables users to bet on future outcomes using USDC cryptocurrency via the Polygon blockchain network.
- •Raised ethical concerns as it allows betting on military strikes and wars, with the WSJ describing it as a 'legal and ethical grey area'.
- •Multiple instances of suspicious trading, outcome manipulation attempts, and journalist pressure campaigns have been documented on the platform.
- •Initially banned in the US; the Trump administration eased regulatory restrictions, while France and other jurisdictions have maintained bans.
- •Donald Trump Jr.'s firm 1789 Capital invested in Polymarket, and he was added as an advisor, raising political conflict-of-interest questions.
Cited by 1 page
| Page | Type | Quality |
|---|---|---|
| Polymarket | Organization | 33.0 |
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# Polymarket
Polymarket
American cryptocurrency-based prediction market
| [](https://en.wikipedia.org/wiki/File:Company_Logo_Polymarket.png) |
| Industry | [Prediction Market](https://en.wikipedia.org/wiki/Prediction_Market "Prediction Market") |
| Founded | 2020;6years ago(2020) |
| Founder | [Shayne Coplan](https://en.wikipedia.org/wiki/Shayne_Coplan "Shayne Coplan") |
| Headquarters | 1280 [Lexington Avenue](https://en.wikipedia.org/wiki/Lexington_Avenue "Lexington Avenue")<br>[New York](https://en.wikipedia.org/wiki/New_York_City "New York City"), [NY](https://en.wikipedia.org/wiki/New_York_(state) "New York (state)") 10028<br> U.S.[\[1\]](https://en.wikipedia.org/wiki/Polymarket#cite_note-PolymarketHQAddress-1) |
| Key people | Shayne Coplan ( [CEO](https://en.wikipedia.org/wiki/CEO "CEO")) |
| Website | [polymarket.com](https://polymarket.com/)[](https://www.wikidata.org/wiki/Q123502863#P856 "Edit this at Wikidata") |
Polymarket
**Polymarket** is a global [cryptocurrency](https://en.wikipedia.org/wiki/Cryptocurrency "Cryptocurrency")-based [prediction market](https://en.wikipedia.org/wiki/Prediction_market "Prediction market"), headquartered in [Manhattan](https://en.wikipedia.org/wiki/Manhattan "Manhattan"), New York City. Launched in 2020, it offers a platform where individuals can place bets on future outcomes, including sports matches, [economic indicators](https://en.wikipedia.org/wiki/Economic_indicator "Economic indicator"), weather patterns, awards, and political and legislative outcomes. Participants can deposit [USDC](https://en.wikipedia.org/wiki/USD_Coin "USD Coin") [cryptocurrency](https://en.wikipedia.org/wiki/Cryptocurrency "Cryptocurrency") through the [Polygon blockchain network](https://en.wikipedia.org/wiki/Polygon_(blockchain) "Polygon (blockchain)") and trade shares that represent the likelihood of specific future outcomes.
The controversial nature of the betting markets offered by the company (which allow betting on military strikes and ongoing wars), as well as the ability of individuals with insider information to bet on outcomes, have been described by the _Wall Street Journal_ as a "legal and ethical grey area."[\[2\]](https://en.wikipedia.org/wiki/Polymarket#cite_note-:22-2) Numerous instances of suspicious trading have been observed on Polymarket,[\[3\]](https://en.wikipedia.org/wiki/Polymarket#cite_note-3) as well as attempts by gamblers to manipulate outcomes[\[4\]](https://en.wikipedia.org/wiki/Polymarket#cite_note-:4-4) and pressure journalists to change reporting.[\[5\]](https://en.wikipedia.org/wiki/Polymarket#cite_note-5)
Polymarket has been banned by governments in multiple jurisdictions, such as France.[\[6\]](https
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