The marketing stunt has been launched by Polymarket, a company that has made a name for itself by letting people bet on real-life occurrences, like celebrity news and political events. The Polymarket grocery is scheduled to open on February 12, with passersby able to walk in and pick up groceries without shelling out cash. The idea is that a fully-stocked market won't require any purchase from New Yorkers to access groceries inside the store.
Polymarket, the cryptocurrency-based prediction market, announced on Tuesday it would be opening New York City's first free grocery store, seemingly a nod to the mayor's signature policy. In a statement the firm said it hoped to empower every New Yorker to achieve food security for good, and that it had donated $1m to the Food Bank for NYC. The eponymous Polymarket store, however, will apparently only run as a temporary pop-up, and despite supposedly opening on 12 February its location has yet to be announced.
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Kalshi and Polymarket maintain their platforms offer "event contracts" between private parties that should be regulated like commodities rather than traditional gambling subject to state oversight; an argument that has received pushback from government officials, NBC Chicago said. Companies like Kalshi and Polymarket should "package sports betting as events contracts" to circumvent established gaming regulations, state attorneys general claimed in a lawsuit in June.
Thanks to the rise of cryptocurrency, it's never been easier to place inscrutable bets with shady grey-market bookies. The kingpin presiding over this dubious corner of the gaming industry is currently Polymarket, a crypto platform which lets users place bets on the outcomes of weather catastrophes, political elections, and economic crises. Aided in large part by Trump administration deregulations, Polymarket has become the go-to for bettors eager to cash in on geopolitical strife.
Polymarket has opened up betting on The Game Awards 2025 and no one seems to have a doubt that Clair Obscur: Expedition 33 will take top honors at Geoff Keighley's showcase. The odds are so stacked in the French RPG's favor that a $100 bet on Hollow Knight: Silksong would net you over $1,000 if it actually ended up winning game of the year instead.
Tremor tracks volatility on Polymarket , a prediction market that lets traders bet on the outcome of future events. The goal of Saravanan's new tool: Spot sudden swings and identify potentially valuable situations where insiders may know more than the general population. "If the chance of a ceasefire in a war jumps from 50% to 80%, but there's no news, it's likely someone with inside info is acting on Polymarket," Saravanan told me.
