The feature allows speculators to trade and follow the odds of their favorite project airdropping a token by placing bets on a binary outcome: yes or no.
“‘Wen token?’ is one of the most asked questions in crypto,” Polymarket founder Shayne Coplan told CoinDesk. “What’s great about the Airdrop Futures is that it can combat asymmetric information. You can see the probabilities according to an actual free market. It’s a really powerful idea.” These include non-fungible token marketplace OpenSea, NFT collection Bored Ape Yacht Club and wallet applications MetaMask and Rainbow, among others.
Meanwhile, speculators are bullish that NFT project Bored Ape Yacht Club would release a token before the deadline, putting BAYC’s odds at $0.67.One potential application of Airdrop Futures is that it could help calm airdrop anxiety by allowing users to hedge against the risk of not receiving an airdrop from a project they have spent a considerable amount of time and resources using.
PolymarketHQ 0x_bae Wen bear
PolymarketHQ 0x_bae Because of the numerous unique offers available on Uquid's eCommerce site, it is my first pick whenever I need to purchase something.
PolymarketHQ 0x_bae This man changed almost everything about me. My friend connected me to him,his platform is very sure and easy to access, if you really want to message him at his user name Alexmeurer_1
PolymarketHQ 0x_bae Free money if you know how to tell the difference between a rumor and an announcement!
PolymarketHQ 0x_bae New listing coming soon! 🚀gate_io Startup will launch GalaxyHeroesCoin $GHC on January 17th, 2022 at 04:00 AM(UTC).
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: nbcchicago - 🏆 545. / 51 Read more »
Source: CryptoPanicCom - 🏆 563. / 51 Read more »