Polkamarkets #7 Monthly Recap — August 2021

Polkamarkets #7 Monthly Recap — August 2021
Polkamarkets #7 Monthly Recap — August 2021

Since mid June, when we announced our partnership with Kleros, that we’ve been entirely focused on building our protocol towards a fully crowdsourced event resolution. This also meant to enable a wide variety of genres across diverse premimses, and to ensure our users that they are well-formed and resolve clearly. And over the last month, we’ve been focused on its integration, testing and release.

You can learn more about our partnership with Kleros and Reality.eth for crowdsourced event resolution here to understand how it represents an important step towards the full decentralization of our prediction markets.

We’ve shared our Vision for 2022, the next years of our development, and our long-term vision of Prediction Markets and their adoption. Our plan is to incentivize liquidity providers and traders to take up large positions in several prediction markets. — Read more

An important step towards mainnet was made with our decentralized resolution system. With this, we have POLK being used as an ERC20 for disputes where users can place multiple bonds and be rewarded by the correct outcome. — Read more

Market creation is now decentralized and enabled on our testnet WebApp. POLK holders are now able to create markets and be part of our vision in building an Autonomous Prediction Market Protocol built for cross-chain information exchange and trading. — Read more

What’s coming in September?

We’re making sure there is a good decentralized protocol for prediction markets in the market (via Moonbeam Network — Polkadot), and that has been our focus this month of August. A lot more information on this will be coming next months regarding final decisions on POLK and USDC designed for project development and protocol incentives.

Our team is motivated and excited to go into September to deliver what we have on our roadmap and bring you the most powerful forecasting tool. Also, we’d like to remind everyone to join us on Discord: https://discord.com/invite/Szjn2EEf7w .

Topics to be considered for the upcoming weeks and months include:

  • Preparation for mainnet (Moonbeam Network / Polkadot)
  • Live Stream & Events
  • $POLK Mining
  • Liquidity Providing 2.0
  • Admin Tools
  • Stablecoin ERC20 Integration
  • NFT Gamification

About Polkamarkets

Polkamarkets is an Autonomous Prediction Market Protocol built for cross-chain information exchange and trading where users take positions on outcomes of real-world events–in a decentralized and interoperable platform based on Polkadot.

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Autonomous Prediction Market Protocol Powered by DeFi, NFTs and Polkadot. https://www.polkamarkets.com/