New York's First Free Grocery Store, The Polymarket, Officially Opens Today

BlockBeats News, February 12th, Prediction market platform Polymarket announced that "The Polymarket, New York's First Free Grocery Store" has officially opened at 137 South 7th Avenue in New York City, built by New Yorkers, for New Yorkers.

In a recent intensification of user acquisition efforts between prediction market platforms Kalshi and Polymarket, a fierce competition has emerged in New York featuring "free groceries" promotions. On February 3rd, Kalshi launched an event at WestSide Market in downtown Manhattan, offering customers free groceries worth $50, attracting a large crowd of people lining up on site. Many participants stated that this was equivalent to several hours of wages and found it very appealing. Kalshi co-founder Tarek Mansour stated that this initiative was to give back to the community and expand their user base. Polymarket, on the other hand, opened today "The Polymarket, New York's First Free Grocery Store," offering all items for free, no purchase necessary, open to all New Yorkers, and also donating an additional $1 million to local food banks.