What is a Polymarke…
 
Notifications
Clear all

What is a Polymarket clone script and how does it work?

1 Posts
1 Users
0 Reactions
1 Views
(@aanaethan)
Trusted Member
Joined: 9 months ago
Posts: 20
Topic starter  

A Polymarket clone script is a ready-made software solution that simulates the key characteristics of Polymarket, a decentralized prediction market system where users exchange real-world event outcomes using cryptocurrency.

How the Polymarket Clone Script Works:

Market Creation: Administrators or individuals build prediction markets according to events (elections, sports, cryptocurrency values, etc.).

Outcome Tokenization: Each conceivable conclusion is turned into a tradeable token on a blockchain network.

User Participation: Users link their crypto wallets and purchase interests in the result they predict will occur.

Price fluctuation: Prices vary according on need and market mood.

Settlement: Once the event results are validated, winning token holders are paid right away via smart contracts.

In short, a Polymarket clone script allows businesses to easily establish a decentralized, blockchain-powered prediction platform that includes built-in trading, wallet connection, admin management and automatic settlement capabilities.



   
Quote
Share: