Fortune: Polymarket paid social media influencers to publish content related to the US election
This article is machine translated
Show original
Odaily Planet Daily Report: The prediction market Polymarket has been paying social media KOLs in the US to promote betting on the platform, even though the platform is prohibited from allowing Americans to use the tool for guessing, including guesses about the US presidential election. However, in the past few weeks, Instagram KOL pages with large followings have been posting Polymarket-sponsored content using tags such as #PMPartner and #PolymarketPartner. A Polymarket spokesperson confirmed the promotion in the US market, but said this was not to attract US visitors. According to an informed source, in October, Polymarket launched a new check to verify that its high-spending users on the website are located outside the US, as US traders are not allowed to use the platform, but the platform has seen a surge in bets supporting Donald Trump's victory in the presidential election. (Fortune)
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content