Polkamarkets is thrilled to announce the release of its Mainnet which is happening on the Moonbeam Network. The company plans on deploying the protocol to other chains in the near future, namely Polkadot via Moonbeam EVM (which is something that is already being prepared on the sidelines for a v2).
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Delivering the Mainnet Protocol in Moonriver
Polkamarkets has been hard at work for months on its roadmap achieving milestones. Building prediction markets protocols is no trivial matter. In order to create a safe, useful, and user-friendly forecasting tool, Polkamarkets has undergone several testing phases and multiple 3rd party audits.
Other challenges for prediction market protocols are achieving scalability while preserving decentralisation. With this in mind, Polkamarkets has integrated many decentralized event resolution, oracle, and bridging technologies to achieve this balance. Technology partnerships and integrations with the likes of Moonriver/Moonbeam for EVM on top of Kusama/Polkadot help to ensure decentralisation and scalability. Integration of Kleros’ technology helps to keep event resolution honest by tapping the wisdom of the crowd. By using Ethereum-Moonriver bridge Meter.io, Polkamarkets users can utilise the speed and low cost of the Moonriver network while not sacrificing security. As one can see, there have been many technological advancements and improvements we have undertaken to arrive here.
Polkamarkets’ goal is to deliver a decentralized protocol for prediction markets to the market (via Moonbeam Network — Polkadot), and that has been our focus since the beginning.
Still, we have a lot in our pipeline because we want to build the #1 most used protocol for Prediction Markets. You can expect a lot of amazing features on our gamified platform, and below you can see what we are preparing for in the upcoming weeks and months:
- Polkamarkets 2.0 release on a Polkadot parachain EVM
- Developers’ Documentation for Third-Party Use
- Live Stream & Events
- $POLK Mining
- Liquidity Providing 2.0
- Admin Tools
- Cross-chain Fractions Trading
- Stablecoin ERC20 Integration
- NFT Gamification
We would like to thank our amazing community for all the support and feedback given since the very beginning. Polkamarkets is working really hard to build the best forecasting tool in the market.
Without further ado, please visit https://app.polkamarkets.com to use Polkamarkets live.
Note: Polkamarkets Protocol is a 100% decentralized protocol for informational and educational purposes only. POLKAMARKET OÜ does not take any custody, profits or host over any markets.
POLKAMARKET OÜ displays existing markets live on EVMs or sidechains and is a graphical user interface for visualizing data and interacting with the Polkamarkets Protocol Smart Contracts via your Web 3 injected wallet.
About Moonriver (Moonbeam Network)
Moonriver is a companion network to Moonbeam and provides a permanently incentivized canary network. New code ships to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code ships to Moonbeam on Polkadot.
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.