Polymarket CMO confirms POLY token launch and airdrop

Matthew Modabber, Chief Marketing Officer of prediction market platform Polymarket, confirmed the platform will launch its native POLY token and conduct an airdrop. Speaking on the Degenz Live podcast, he stated, "We will be launching the token and airdropping. The key is to do it thoughtfully. We hope the token will be practical and long-lasting. That's what we and the industry expect." However, Polymarket is currently focused on launching its US app. Earlier this month, founder Shayne Coplan hinted at the POLY token launch. In September, Coplan confirmed that the platform had been "approved to relaunch" after a regulatory suspension in the US in 2022. Modabber stated that the US app launch would be the priority, with no rush for the token. Once it launches, he will focus on launching the token and ensuring its smooth completion. Telecom giants are also on the list.