Poly Market

Extracted Attributes

• Type

  Prediction Market Platform

• Nature

  Decentralized

• Founded

  2020

• Founder

  Shayne Coplan

• Function

  Allows trading on future event outcomes (e.g., economic indicators, political/legislative outcomes)

• Industry

  Event-based Trading

• Key People

  Shayne Coplan (CEO)

• Headquarters

  Manhattan, New York City, U.S.

• Share Pricing

  Shares priced between 0.00 and 1.00 USDC, collateralized by $1.00 USDC

• Technology Stack

  Polygon blockchain network, USDC cryptocurrency

• Regulatory Status (2022)

  Fined US$1.4 million by CFTC, received cease and desist order

• Regulatory Status (Future)

  Plans to return to U.S. as a fully regulated and compliant platform

Timeline

• Polymarket was founded by Shayne Coplan. (Source: web_search_results)

  2020

• Polymarket was fined US$1.4 million by the Commodity Futures Trading Commission (CFTC) and received a cease and desist order for regulatory violations. (Source: web_search_results)

  2022-01

• Polymarket's popularity surged, particularly for trading on the U.S. presidential election. (Source: web_search_results)

  2024

• Polymarket announced plans to legally return to the U.S. as a fully regulated and compliant platform after the acquisition of QCEX. (Source: web_search_results)

  2025-07-21

California Polytechnic State University, San Luis Obispo

California Polytechnic State University (Cal Poly) is a public university in San Luis Obispo County, California, United States, outside of the city limits of San Luis Obispo. Founded in 1901, it is the oldest of three polytechnic universities within the California State University system. Cal Poly emphasizes a "learn by doing" philosophy, integrating hands-on, practical experiences into its curriculum. As of fall 2022, Cal Poly had approximately 21,000 undergraduate and 800 graduate students. The university is home to several programs, including in engineering, architecture, and business. Most of the university's athletic teams participate in the Big West Conference.

Web Search Results

• Polymarket - Wikipedia

  Polymarket is an American cryptocurrency-based prediction market, headquartered in Manhattan, New York City. Launched in 2020, it offers a platform where investors can place bets on various future events, including economic indicators, weather patterns, awards, as well as political and legislative outcomes. Participants can deposit USDCcryptocurrency through the Polygon blockchain network "Polygon (blockchain)") and trade shares that represent the likelihood of specific outcomes occurring in [...] Founded in 2020 by Shayne Coplan,( Polymarket is a prediction market that allows users to gain/lose on the outcome of world events.( In January 2022, Polymarket was fined US$1.4 million by the Commodity Futures Trading Commission (CFTC), and received a cease and desist order for regulatory violations, including failure to register as a Swap Execution Facility.( According to the CFTC, Polymarket offered "substantial cooperation" throughout the investigation, which resulted in the company [...] PolymarketImage 4 IndustryEvent-based "Event (probability theory)") trading GenrePrediction market platform using Polygon "Polygon (blockchain)") Founded 2020; 5 years ago(2020) FounderShayne Coplan Headquarters 1280 Lexington Avenue New York, NY "New York (state)") 10028 U.S( Key people Shayne Coplan (CEO) Websitepolymarket.com

• Polymarket Documentation: What is Polymarket?

  Polymarket is the world’s largest prediction market, allowing you to stay informed and profit from your knowledge by betting on future events across various topics.Studies show prediction markets are often more accurate than pundits because they combine news, polls, and expert opinions into a single value that represents the market’s view of an event’s odds. Our markets reflect _accurate, unbiased, and real-time probabilities_ for the events that matter most to you. Markets seek truth. ​ [...] a certain topic, Polymarket is your opportunity to profit from trading based on your knowledge, while improving the market’s accuracy. [...] On Polymarket, you can buy and sell shares representing future event outcomes (i.e. “Will TikTok be banned in the U.S. this year?”) Shares in event outcomes are always priced between 0.00 and 1.00 USDC, and every pair of event outcomes (i.e. each pair of “YES” + “NO” shares) is fully collateralized by $1.00 USDC. Shares are created when opposing sides come to an agreement on odds, such that the sum of what each side is willing to pay is equal to $1.00.

• What Is Polymarket Decentralized Prediction Market, and How Does ...

  Polymarket differs from traditional prediction markets like PredictIt in several key ways. Polymarket is decentralized and operates on the Polygon network for scalability, offering lower fees and greater privacy. PredictIt, on the other hand, is a centralized platform regulated by U.S. authorities, which imposes certain limits on trading and market creation. While PredictIt is accessible to U.S. residents, Polymarket provides a broader range of markets and more flexibility in trading. [...] As said before, Polymarket leverages blockchain technology to offer a transparent and secure prediction market platform. Whether you're betting on political events, entertainment, or economic indicators, Polymarket ensures an efficient market experience. It operates primarily on Polygon, a Layer-2 solution, to enhance scalability and reduce transaction costs. This integration allows Polymarket to handle high transaction volumes efficiently without overloading the Ethereum network. [...] Polymarket differs significantly from traditional prediction markets like PredictIt. Polymarket is decentralized, operating on Polygon for enhanced scalability, which results in lower fees and greater privacy. PredictIt, however, is a centralized platform regulated by U.S. authorities. This regulation imposes limits on trading and market creation. While PredictIt is accessible to U.S. residents and offers ease of use, it faces higher fees and a limited range of markets compared to Polymarket.

• Why Are Polymarket Betters Losing Money? | by balaji bal - Medium

  This comparative analysis relies on side-by-side statistical examinations of risk-reward ratios, beta coefficients, and tail risk measures. The findings indicate that Polymarket is characterized by higher systemic instability, possibly due to lower liquidity depths, more volatile targeted events, and an inherently speculative nature. The divergence between Polymarket and conventional markets is statistically significant, as evidenced by t-tests and confidence interval comparisons that show a [...] The decentralized nature of Polymarket means that traditional regulatory oversight is largely absent. In regulated financial markets, oversight bodies impose measures that mitigate systemic risks and protect retail investors. In contrast, the lack of such oversight in the Polymarket environment means that risk mitigation primarily falls to the individual trader. This situation is further complicated by discrepancies in global regulatory frameworks relating to cryptocurrencies and blockchain [...] The Polymarket betting environment relies on sophisticated pricing algorithms that enable the conversion of subjective probabilities into tradable assets. Trading on the platform is fundamentally governed by a market scoring rule framework, which continuously adjusts the odds of outcomes in response to incoming bets. Price formation emerges not from a central pricing authority but from an interplay of supply and demand factors aggregated through real-time trading activities. This approach

• Prediction market Polymarket to return to U.S. after acquisition - Axios

  Image 2: Street scene with a large poll poster showing Trump vs. Biden boxing caricatures, Trump leading with 62%, Biden at 11%, for the 2024 US presidential election on November 5. A Polymarket advertisement in Brooklyn during the 2024 presidential election campaign. Photo: Michael Nagle/Bloomberg via Getty Images Polymarket is poised to legally return to the U.S. as prediction markets become an increasingly popular place for Americans to chase riches based on future outcomes. [...] What they're saying:"Now, with the acquisition of QCEX, we are laying the foundation to bring Polymarket home — re-entering the US as a fully regulated and compliant platform that will allow Americans to trade their opinions," Polymarket CEO Shayne Coplan said Monday in a statement. That'll take place in the "near future," according to the company. What to watch:Whether Polymarket becomes a force in U.S. sports betting, posing a threat to the traditional sportsbooks. [...] The big picture:Polymarket's popularity surged in 2024 as a place for traders to bet on the U.S. presidential election and other campaigns, but it hasn't been allowed to operate here for several years. One of its biggest competitors, Kalshi, is CFTC regulated and is legal for American users, though it's facing a legal battle over its right to offer sports event contracts.