Polymarket Confirms POLY Token Launch and Airdrop Plans

Polymarket’s Chief Marketing Officer, Matthew Modabber, has confirmed that the platform plans to launch its own native token called POLY, alongside an airdrop for users. He shared the update during a podcast appearance, explaining that the team is focused on making sure the token offers long-term utility rather than rushing it out to chase short-term hype. The idea is to build something solid that sticks around and actually benefits users, instead of following the crowd just to keep up.

Modabber made it clear they could have released the token earlier if they wanted to, but doing it right matters more to them than doing it fast. The token is coming, but only once all the critical pieces are ready to go.

First Comes the U.S. Relaunch, Then the Token

Polymarket will relaunch its U.S. app before launching the token. Modabber explained that this is the top priority and that they want the American side of the platform to be solid, stable, and compliant before anything else happens. He summed it up by asking why they would rush the coin when the U.S. app still needs to come first.

Polymarket had paused its U.S. operations for a while due to regulatory challenges. Now that it’s planning a return to the American market, the token rollout is being positioned as the next step after that relaunch is complete.

DISCOVER: Best New Cryptocurrencies to Invest in 2025

Airdrop Details Still Unclear, But Hints Are Emerging

Even though Polymarket hasn’t released official details yet, Modabber did confirm that an airdrop will be part of the plan. Based on early reports and speculation, it looks like between five and ten percent of the token supply might go toward this airdrop. The likely criteria will revolve around how much users have traded on the platform and how active they’ve been overall.

There’s also a clear warning to avoid trying to game the system. The team is already pushing back against Sybil activity and fake accounts, stressing that the goal is to reward real users who actually contribute to the platform.

The Token’s Role in Polymarket’s Bigger Picture

Polymarket runs as a prediction market platform where people trade on real-world events using stablecoins. By launching a native token, the team is signaling that it wants to build a tighter relationship between the protocol and its users. The POLY token could serve as a tool for deeper engagement, helping to build loyalty and possibly offering new functions like governance or rewards.

As trading activity grows and more institutional eyes land on prediction markets, having a native token could position Polymarket as a more mature and complete player in the crypto space.

DISCOVER: 20+ Next Crypto to Explode in 2025

Don’t Expect an Instant Launch

The team has confirmed the token and airdrop, but hasn’t set an exact timeline. They’re prioritizing the U.S. relaunch and won’t move forward with anything else until it’s complete. That means “soon” is more of a placeholder than a promise.

Users should watch for key updates: the launch date, supported blockchains, staking or governance features, and the airdrop snapshot criteria. Those pieces will shape how the market reacts and how the community prepares.

Could This Change the Game for Prediction Markets?

If Polymarket pulls this off, the POLY token and its airdrop could be a turning point in the prediction-market space. Most related platforms still don’t have tokens. So this move might push others to think about doing the same. Already, the announcement has sparked a lot of speculation about eligibility and rewards.

But this isn’t just about giving out free tokens. It’s about changing how prediction platforms grow, how they bring users in, and how they share value. What happens next could define the direction for prediction markets across the whole crypto landscape.

DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025

Join The 99Bitcoins News Discord Here For The Latest Market Updates

The post Polymarket Confirms POLY Token Launch and Airdrop Plans appeared first on 99Bitcoins.

Source link