BlockBeats News, February 12 — Prediction market platform Polymarket announced that “New York’s First Free Grocery Store, The Polymarket,” has officially opened at 137 South 7th Avenue in New York City. As New York City’s first free grocery store, built by New Yorkers and serving New Yorkers.
Recently, prediction market platforms Kalshi and Polymarket have intensified their user acquisition competition, using “free food” promotions in New York. On February 3, Kalshi launched an event at WestSide Market in Lower Manhattan, offering customers free groceries worth $50. The event drew long lines, with many participants saying it was equivalent to several hours’ wages and very attractive. Kalshi co-founder Tarek Mansour stated that the move was to give back to the community and expand their user base. Today, Polymarket opened “New York’s First Free Grocery Store, The Polymarket,” where all items are free, no purchase required, open to all New Yorkers, and an additional $1 million has been donated to local food banks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Major CEX Partners with High Roller Technologies to Enter Prediction Market Space
A major centralized exchange has partnered with High Roller Technologies to provide prediction market services in the U.S. Analysts project significant growth in this sector, although it faces regulatory challenges.
GateNews1h ago
Encourage innovation! A U.S. judge bans Arizona’s regulation of prediction markets and suspends the prosecution of Kalshi
A U.S. federal district court ruled that Arizona may not rely on its gambling law to prosecute the prediction market platform Kalshi, finding that the U.S. Commodity Futures Trading Commission has exclusive jurisdiction. The ruling affects the line between state and federal authority in financial market regulation, while Kalshi maintains that its business is a financial product rather than traditional gambling. Decisions by states on prediction markets have differed, and the Trump family has also expressed support for prediction markets.
CryptoCity2h ago
Encouraging innovation! U.S. judges ban Arizona from regulating prediction markets, and pause the prosecution against Kalshi
A U.S. federal district court ruled that Arizona cannot use its gambling laws to prosecute the prediction market platform Kalshi, finding that the U.S. Commodity Futures Trading Commission has exclusive jurisdiction. The ruling affects the boundary between state and federal authority in financial market regulation, and Kalshi insists that its business is financial products rather than traditional gambling. Rulings on prediction markets vary across states, and the Trump family has also expressed support for prediction markets.
CryptoCity5h ago
Encouraging innovation! A U.S. judge bars Arizona from regulating a prediction market and suspends the prosecution of Kalshi
A U.S. federal district court ruled that Arizona is prohibited from relying on its gambling laws to prosecute prediction market platform Kalshi, finding that the federal Commodity Futures Trading Commission has exclusive jurisdiction. The ruling affects the boundary between state and federal authority in financial market regulation, while Kalshi insists that its business falls under financial products rather than traditional gambling. Rulings on prediction markets vary from state to state, and the Trump family has also expressed support for prediction markets.
CryptoCity8h ago
Encouraging innovation! A U.S. judge bans Arizona’s regulators from prediction markets and suspends the prosecution of Kalshi
A U.S. federal district court has ruled that Arizona is barred from using its gambling law to sue the prediction market platform Kalshi, finding that the Federal Commodity Futures Trading Commission has exclusive jurisdiction. The ruling affects the boundary between state and federal authority in financial market regulation, and Kalshi maintains that its business falls under financial products rather than traditional gambling. Courts in different states have issued differing rulings on prediction markets, and the Trump family has also expressed support for prediction markets.
CryptoCity11h ago
Polymarket Trader Turns $500 Into $252K After UFC Makes Yet Another Scoring Error
In brief
A Polymarket trader walked away with $252,000 in profit after the UFC incorrectly identified a fight’s winner for the second time in two weeks.
An X account linked to the Polymarket trader said that they had noticed the error by looking at the bout’s official scorecard.
The
Decrypt11h ago
