Polymarket Launches 5-Minute Cryptocurrency Price Prediction Event
Polymarket introduces a 5-minute Bitcoin prediction event, with future plans to integrate POLY token and a 1-minute prediction option for faster engagement.
BTC
Summary
Polymarket has launched a 5-minute Bitcoin price prediction market, offering rapid settlement every five minutes. The platform plans to expand with a 1-minute prediction event and POLY token integration in future stages, aiming to enhance user participation and market speed.
Terms & Concepts
- Prediction Market: A marketplace where participants bet on the outcomes of future events, with prices reflecting collective expectations.
- Settlement: The process of finalizing and paying out a market or trade based on the determined outcome.
- BTC: The ticker symbol for Bitcoin, the first and largest cryptocurrency by market capitalization.