Polymarket Prioritizes US App Launch Before Token Airdrop
Polymarket's Chief Marketing Officer Matthew Moddaber confirmed plans for a cryptocurrency token launch accompanied by an airdrop, but emphasized the platform's immediate focus remains on its US app rollout. The prediction market platform recently received regulatory approval from the CFTC for US operations.
"We could have launched a token whenever we wanted," Moddaber stated, underscoring the company's deliberate approach. "We want it to be a token with true utility, longevity - something meant to last." The executive questioned the urgency for token issuance when establishing the US market presence takes precedence.
The potential "POLY" token was initially teased by founder Shayne Coplan. While details remain scarce, Moddaber's comments suggest the airdrop will follow rather than precede the US market entry. This phased approach reflects growing industry maturity as projects prioritize sustainable infrastructure over speculative token events.