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.
“We are incredibly excited to be building on top of Moonbeam and contributing to Moonbase Alpha. Our prediction markets and live forecasting of future events are perfect use-cases for a performant blockchain interoperability protocol like Polkadot, and Moonbeam helps us to make that a reality. The amount of development hours and effort saved by using Moonbeam’s technology is immense. We greatly look forward to seeing our technologies grow together, and to have Polkamarkets truly show the advantage for projects to build on Moonbeam.” ~Ricardo Marques, Polkamarkets CEO.
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
“As the DeFi ecosystem on Moonbeam continues to grow, prediction markets like Polkamarkets serve an important role in expanding token exchange and decentralized trade. We’ve been working with the Polkamarkets team for quite some time, and are eager to see the progress they make as their MVP is transformed readied for MainNet launch.” ~ Nate Hamilton, Moonbeam Network’s Director of Business Development.
Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes
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