About the Project
Polkamarkets is a DeFi-Powered Prediction Market built for cross-chain information exchange and trading where users take positions on outcomes of real-world events–in a decentralized and interoperable platform based on Polkadot.
About the Integration
This integration will help accelerate the migration of Polkamarkets’ prediction market technology onto Polkadot. With Moonbeam, the Polkamarkets’ team will be able to offer live prediction markets in crypto, esports, sports, and more with Polkadot-based value assets.
A key use-case for Moonbeam is that it allows Polkamarkets to port existing Ethereum facing Solidity code and smart contracts to Polkadot. By using Moonbeam’s technology, Polkamarkets is able to continue Ethereum development as usual knowing that the development effort will equally apply to future Polkadot deployments. This saves them from having to build everything from scratch again when migrating to Polkadot. Additionally, they can already release a beta testnet of their technology and gather market feedback, and do testing much earlier.