In brief
- Matthew Modabber, Polymarket’s CMO, confirmed that a token and airdrop will come eventually.
- But first, the prediction market wants to reenter the U.S. after it was effectively banned by the CFTC in 2022.
- Modabber said that the company wants the token to have “true utility,” so it needs to be a “core priority.”
Polymarket CMO Matthew Modabber told Degenz Live—a show from Decrypt‘s sister company, Rug Radio—that a token and an airdrop for the prediction market are officially coming. Modabber said the company wants the token to have “true utility” and “longevity,” and ultimately be “well done”—so the firm is taking its time with the rollout.
However, for now, Polymarket’s focus is zeroed in on relaunching its product in the U.S. after being effectively banned in 2022 via a CFTC settlement. The Polymarket U.S. app is currently in an early testing phase, with users required to receive an invitation to use the platform.
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Author: Ryan Gladwin
