A Truly Multi-Chain Experience for Prediction Markets Users

Polkamarkets Labs
Polkamarkets Labs
Published in
3 min readMay 18, 2022

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A Truly Multi-Chain Experience for Prediction Markets Users
A Truly Multi-Chain Experience for Prediction Markets Users

The first app to bring a multi-chain experience to prediction markets on the blockchain. Today, the Polkamarkets Labs is proud to announce that users can browse prediction markets from different blockchains in one integrated interface.

If you haven’t already joined our Discord and Twitter, click here to join the conversation! Please also read this article to learn more about verified markets and how you can submit your market for verification.

At Polkamarkets Labs, we believe that Prediction markets enable any organisation and individual to better forecast the future by asking hard questions, getting the right answers, and being rewarded for it. To fulfill this vision, we are developing a multi-chain, autonomous, and decentralized Protocol that enables anyone to participate in prediction markets, and to deploy their own marketplaces.

Leveraging Multi-Chain Technology

Multi-chain capability is core to growing the reach of prediction markets. Since announcing the Multi-Chain Market Protocol back in February, users on both Moonbeam and Moonriver have been able to create prediction markets, place forecasts and resolve outcomes with the Polkamarkets Protocol.

Today, users don’t have to switch between networks to see prediction markets created on the Polkamarkets Protocol.

When a user has connected their MetaMask wallet on a given network, they can still see the details of markets in other networks. If they decide to interact with a market in a different network, they’ll simply have to click on the “Switch Network” button in the interface.

Once they click the button, the usual MetaMask prompt will be displayed, and they’ll be able to interact with the market. Easy and simple.

The Portfolio and Achievements pages are still network-dependent. Users will only see the positions and achievements (NFTs) for the network they are currently connected with.

Try it out now at app.polkamarkets.com!

This month, for the first time, the Polkamarkets Protocol has broken the 1,000 monthly users barrier, surpassing other decentralized prediction market protocols. We couldn’t be more excited to continue to bring prediction markets to more and more blockchain users. Some exciting milestones are ahead of us on the Polkamarkets roadmap:

  • Fiat Ramp Integration
  • ERC20 token selection
  • More chains
  • A mobile app
  • POLK V2 Protocol Governance DAO and Polkamarkets Alliance Group.

Roadmap Development continues

You can read more in our Public Roadmap. We strive to update it on a bi-weekly basis (once per two weeks).

About Polkamarkets

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

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Polkamarkets Labs
Polkamarkets Labs

Autonomous Prediction Market Protocol, an EVM protocol solution for the Polkadot Ecosystem. https://www.polkamarkets.com/