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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.
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.