Polytrader by Virtuals (POLY)

The World Cup effect

In June alone, @Polymarket generated ~$34M in revenue (!?)

$POLY processe ~$6B in trading volume related to the World Cup. Notably, ~60% of this came from new crypto users.

This shows that prediction markets can be one of the most natural and accessible ways to onboard mainstream users to onchain.

Unlike typical DeFi experiences that require users to understand bridges, yield farming, liquidity provision, or complex protocols, PMs allow people to engage simply by betting on events they already care about.

Let's see how it performs in July.

The World Cup still has two weeks left, and there are countless prediction markets, yet none discuss TGE. After the World Cup, the hype for prediction markets will fade, and most are expected to not survive. Perhaps they never intended to issue a token and just want to profit from the World Cup hype.

Even the top players say:
A former Polymarket employee revealed that $poly will not be launched in the short term. We may have to wait until 2028, or even longer.

The funniest part is that even Solana's crap can't keep up with the heat; the World Cup is more than halfway over, and @world_xyz seems to be a prediction market that is just now arriving.

Probably the most likely to have a TGE is @predictdotfun; the others can see if they survive.

Former Polymarket insider Greg says the POLY token launch could be far off, cooling airdrop hopes as users await the U.S. relaunch and token plans.

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