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Polymarket is a prominent blockchain-based prediction market on Polygon, enabling users to bet on the world's most discussed topics. It implements a unique approach to bet tokenization within its platform, allowing users to speculate on event probability fluctuations through market and limit orders, in the same way as trading crypto or any other digital asset.
On May 15th, 2024, the Polymarket crypto project closed a $45M Series B round from Vitalik Buterin, Founders Fund, 1confirmation, ParaFi, and Dragonfly Capital.