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#POLYFACTS 7.7m
The official website and Twitter have updated product information.
The whitelist application for the new product ProjectX will close on September 12, which is tomorrow. Interested parties can purchase at least 100,000 #Polyfacts to have priority access to the token issuance products related to predictions.
Whitelist application submission link:
Project Introduction: ProjectX
TRUTH-BACKED TOKEN LAUNCHES (PROJECT X)
Truth-based token issuance project X
Official explanation: Project X introduces truth-based token issuance. Imagine that purchasing tokens allows holders to provide guarantees for predicting market events (for example, on Polymarket). This liquidity offers reinsurance coverage for market participants.
My personal understanding: In simple terms, ProjectX tokenizes every predictable truth event and links it to real-world outcomes. The concept is quite interesting, but I’m not sure how the implementation will work. Buying and staking tokens now can be seen as a kind of investment in the project itself. I choose to participate.
Eligibility requirements:
Stake at least 100,000 POLYFACTS before September 12 (UTC 23:59). Continue to hold this stake until November 26 (beta release). Eligibility is verified only for the wallet address you submit below. If you change wallets, please submit a new entry before the deadline.
PS: Project information was announced on the official website and Twitter as early as September 8. Unfortunately, the market often pays little attention to the actual product progress and prefers explosive and unpredictable news (yesterday, Polymarket suspended the affiliated account of the Polyfacts project).
Summary: The narrative that can be told about the prediction sector itself, along with market and product strength, has been validated and scrutinized by the market. I remain optimistic about this large sector. For those with financial means, I recommend registering for the whitelist of the new product; it’s not very expensive, costing around 700-800 USD.
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