Polymarket is actively preparing for a financing of more than $50 million and plans to launch its own token during the upcoming US presidential election. This strategy not only takes advantage of the surge in user activity during the election, but also brings potential changes to the platform's operating model. Polymarket's number of users has surged in a short period of time, reflecting market demand.
Launching a token may face regulatory challenges, especially in the context of the CFTC's view that certain trading activities may be considered derivatives trading. This may affect how it operates in the US market. At the same time, if the token is successfully issued, Polymarket may redefine its revenue structure from a free model to profiting from trading fees and token sales.
Overall, Polymarket's plan not only creates more motivation for participation among existing users, but also may attract new investors and set a new benchmark for the future development of prediction markets. As the market changes.