X Partners with Polymarket to Integrate Crypto Prediction Markets into Social Media
Elon Musk's social media platform X has forged a strategic alliance with Polymarket, a blockchain-powered prediction market platform. This collaboration marks a significant step toward merging decentralized forecasting tools with mainstream social networking. Polymarket now serves as X's official crypto prediction market partner, potentially revolutionizing how public sentiment and event outcomes are gauged.
The integration enables users to leverage market-driven insights across political, financial, and cultural domains. Musk has long championed prediction markets as superior to traditional polling methods, citing their financial stake mechanism as a reliability indicator. During the 2024 U.S. elections, Polymarket accurately reflected Trump's victory odds, with one French trader reportedly earning $80 million on correct predictions.