only 12.7% of crypto wallets are lucky with bets
Small disappointment behind the infamous Polymarket, where it turns out that only 12.7% of crypto wallets managed to make profits. Not only that, on the on-chain prediction market platform, it seems that the winners barely earned 100$.
Polymarket and the disappointing data: only 12.7% of crypto wallets make profits on the platform
According to what reported by Layerhub, it seems that on Polymarket, only 12.7% of crypto wallets managed to make profits.
Specifically, it was analyzed that out of a total of 171,113 crypto wallets on Polymarket, only 21,730 have made confirmed profits. On the contrary, the remaining 149,383, or 87.3%, have never won a bet.
In practice, on the famous on-chain market prediction platform, it is not so…