🚀 Polymarket CEO Shayne Coplan hints at potential future fees to boost revenue for the popular crypto prediction platform. While currently focused on expanding its marketplace, Coplan teased monetization strategies, including possible commissions.
📈 Launched in 2020, Polymarket lets users bet on real-world events and crypto prices using USDC. The platform recently shattered records with $1 billion in trading volume, $343 million of which came in July alone.
💡 Despite the growth, Polymarket faces revenue challenges, having raised $70 million in funding, including a $45 million Series B round with Ethereum co-founder Vitalik Buterin.