If you're a crypto lover, you've definitely heard about Polymarket, a rapidly growing bitcoin-powered prediction market.
The concept is that bettors always put their cash where their mouth is, therefore exclusive, insider, and expert knowledge of important world events will be reflected in relevant Polymarket bets.
Is that the case? That is a difficult question to answer, but if you put down $5 a few months ago in Polymarket, a rapidly growing cryptocurrency, you would have little to show for it.
And here , we would like to explore Polymarket clone script where you can have the replication of polymarket. Before entering this blog you should know about polymarket. 

Polymarket Overview 

Polymarket is a cryptocurrency-based prediction marketplace where users may bet on real-world events like politics, international relations, sports, pop culture, commerce, science, and more. The site is based on the Polygon PoS blockchain and accepts USDC stablecoins for betting. Polymarket is a hybrid-decentralized architecture in which bets are matched and sorted by an off-chain operator while bet settlement and execution take place on-chain in a decentralized way.
If you're considering starting your own prediction market, a Polymarket clone script could be the perfect option.

Polymarket Clone Script

Polymarket clone script is an already developed software solution that copies the Polymarket platform's core capabilities. Polymarket clone script allows entrepreneurs to swiftly set up their own decentralized prediction market, similar to Polymarket. Using a clone script eliminates the difficulty of building a platform from scratch, allowing you to focus on time and cost.
You can launch your own polymarket prediction platform with Hivelance , who has expertise in creating a prediction platform like polymarket. 

Whitelabel Polymarket clone software 

Whitelabel Polymarket clone solution focuses on personalizing the solution to your specific business requirements.Hivelance’s whitelabel polymarket clone software solution gives you a brand identity with personalized specification for your prediction platform. Hivelance provides a powerful and easily adaptable Polymarket clone software that lets you build your decentralized prediction market business quickly and economically.

Key considerations 

• Polymarket is developed on top of Polygon's PoS blockchain.
• Users put bets with USDC stablecoins.
• As of August 1, 2024, the winner of the 2024 US Presidential Election had collected bets totaling over $474.4 million.
• Polymarket encourages clients to boost market liquidity by giving USDC on limit orders.

Key features of Polymarket clone script 

Polymarket clone script provides a reliable and easy-to-use platform for trading real-world forecasts. Some of its major features are:

Decentralization: Based on the Polygon blockchain, which ensures transparency and security.

Stablecoin Integration: USDC is used in transactions to provide liquidity and stability.

Real-World Event Markets: Users can gamble on political outcomes, sporting events, market movements, and more.

No middlemen: Users engage directly without the need for intermediaries.

Market Creation and Participation: Users can build markets on almost any issue and trade stocks based on their forecasts.

Real-time odds: Our Polymarket clone script provides real-time odds and lets customers define particular buy and sell prices.

Community Focus: The platform promotes user interaction, hence improving the trading experience.

Privacy and availability: We respect user privacy and do not require standard financial checks.

Steps to place Polymarket bet 

Prediction markets are venues where people can speculate on the fate of future events. They employ collective intelligence to foresee events such as elections and economic trends.

Logging in

You can sign in using your Google account, but the simplest way to get started is to use your self-custodial crypto wallets, such as MetaMask or Coinbase Wallet.

Depositing USDC

Polymarket clones only accept USDC bets, so you must put USDC stablecoins into your Polymarket account. You can either transfer USDC to your account from your bitcoin wallet or buy USDC on the market. Make sure that the USDC is linked to the Polygon PoS network.

Bet on Polymarket

Once you have funds in your account, you may start betting. If you want to bet on the winner of the 2024 US Presidential Election, you will see a list of candidates with "Yes" and "No" options next to their names.

Why Hivelance for Polymarket clone script ?

Hivelance is a top-grade cryptocurrency market prediction development company, knows the value of staying within budget, particularly for startups. Our Polymarket clone script is designed to be low-cost while maintaining high quality and functionality. You'll be able to establish a feature-rich platform for a fraction of the expense of building from scratch.
We provide fully customizable features, allowing you to adapt your prediction market platform to your vision. Hivelance’s developers can turn your ideas into reality, whether it's introducing new betting categories, improving the user experience, or incorporating other cryptocurrencies.