Polymarket Confirms Future Token and Airdrop Amid U.S. Relaunch Efforts
Polymarket's Chief Marketing Officer Matthew Modabber has confirmed the eventual launch of a native token and accompanying airdrop for the prediction market platform. The announcement, made during a Degenz Live session, emphasized the company's focus on ensuring the token's "true utility" and "longevity" before rollout.
Modabber stated that Polymarket is prioritizing regulatory compliance, particularly its reentry into the U.S. market after a 2022 CFTC settlement forced its withdrawal. The platform is currently in an invitation-only testing phase for its U.S. app. Only after establishing this operational foundation will the company shift focus to the POLY token launch.
The deliberate approach reflects Polymarket's strategy to avoid speculative tokenomics, instead building sustainable value through platform integration. "We want it to be well done," Modabber remarked, suggesting the token will serve as a Core component of the prediction market ecosystem rather than a standalone asset.