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Polymarket is a prediction market platform where users can buy and sell shares on the outcome of future events. Users can profit by correctly predicting the outcome of events across various categories such as politics, crypto, sports, and more. The platform aims to provide a decentralized and transparent way to gauge public sentiment and forecast future outcomes.
Company : Polymarket
Industry : Prediction MarketsInformation MarketsBlockchain
Polymarket Key Value propositions
Polymarket Latest news
Because of prediction markets like https://polymarket.com/event/is ...
Hacker News new | past | comments | ask | show | jobs | submit ... Because of prediction markets like https://polymarket.com ... This is very well done if faked ( ...
For what it's worth, the prediction markets are going wild right now ...
https://polymarket.com/event/is-the-room-temp ... news item. merman 8 ... If markets don't capture current sentiment accurately then bet against every news item.
Wild prediction: Twitter will continue to work as it did even after that ...
May 9, 2024 ... 65% for No Outages by Dec 15, '22. https://polymarket.com/market/will-twitter-report-any-outage... jaycroft on Nov 18, 2022 | root | parent ...
Both Omen and Augur appear to be dead. Omen isn't online, Augur ...
... https://polymarket.com/ · pirate787 on July 31, 2022 | parent [–]. Polymarket looks interesting but crypto/blockchain isn't necessary for prediction markets ...
Polymarket SWOT Analysis
Strengths
Decentralized platformUser-friendly interfaceDiverse range of prediction markets
Weaknesses
Relatively new platformSubject to regulatory uncertaintyLimited liquidity in some markets
Opportunities
Expand into new geographic marketsPartner with media outlets and data providersDevelop educational resources for users
Threats
Competition from established playersNegative perception of prediction marketsPotential for market manipulation
Top Marketing Strategies for Polymarket
Polymarket User Persona
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Polymarket Geographic and Demographic Insights
Geographic Insights: Polymarket's user base is heavily concentrated in English-speaking countries with developed economies and an interest in financial markets.
United States
45.2%
United Kingdom
15.7%
Canada
10.3%
Australia
8.1%
India
5.9%
Demographic Insights: Polymarket's users are predominantly male and fall within the age range of 25-44, reflecting a higher engagement from demographics interested in finance and technology.
Polymarket Socio-economic Profile
Household and Income Insights: Polymarket attracts users with diverse household sizes, suggesting broad appeal. A significant portion belongs to middle-income groups, highlighting the platform's accessibility.
Educational and Employment Insights: Polymarket's user base is primarily employed full-time with a university or college degree, indicating a preference among professionals and those with higher education.
Polymarket Behavioral Insights
Interest-Based Insights: Polymarket users are interested in a variety of fields, including cryptocurrency, investing, politics, technology, business, finance, and sports.
Technology and Social Media Usage: Polymarket users favor desktop devices and are highly active on Twitter, LinkedIn, and YouTube for information and engagement.
Polymarket Top Competitors
Competitor | Estimated market share | Top domains |
---|---|---|
PredictIt | 35.2% | Political Prediction Markets, US Election Betting, Futures Contracts |
Metaculus | 28.5% | Forecasting Platform, Quantitative Forecasting, Crowdsourced Predictions |
Election Betting Odds | 16.8% | Political Betting Odds, Election Forecasting, Comparative Betting Data |