Rhythm Blockbeats news, on October 20, the prediction platform Polymarket has completed a new round of 4 million US dollars financing, led by Polychain Capital, other investors include Naval Ravikant, Balaji Srinivasan, Meltem Demirors, 1confirmation, ParaFi, Jack Herrick, Kal Well-known crypto investors such as Vepuri, Stani Kulechov, Kain Warwick, Samir Vasavada, Marc Bhargava and Calvin Liu.
Polymarket is an information market platform built on Ethereum, where users can place bets on the most popular topics in the world, such as the upcoming US election, COVID-19, DeFi, cryptocurrency, etc.
With the completion of this round of financing, Polymarket will enter the second phase of testing. This will focus on making it easier for mainstream users to use the platform. New features include unlimited free transactions, compatible in-app debit and credit card deposits, and seamless email login and registration. Polymarket said it will use the funds to expand its team and actively recruit engineering, product and research personnel.
