Polkamarkets MVP Testnet is Now Live!

Polkamarkets Labs
Polkamarkets Blog
Published in
3 min readApr 28, 2021

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Polkamarkets MVP Testnet is Now Live!

Today is a momentous day for Polkamarkets. Our MVP Testnet is now live! Ever since our launch in late February of this year, we have promised our community to bring the best forecasting tool to the market. Just a few short months later, we are releasing this major milestone and taking another step towards fulfilling that promise.

If you haven’t already joined our Discord and Twitter, click here to join the conversation! Please also read this article to learn more about Polkamarkets ($POLK) Uniswap Liquidity Program!

We’d like to thank our amazing community members for sticking with us these past few months as we have built our product. We’d also like to thank our partners BEPRO Network and Moonbeam for providing critical technology and expertise to build our prediction market. Without further ado, here are the details of our Polkamarkets MVP Testnet!

It’s time to forecast a better future

The Polkamarkets MVP Testnet will allow our early supporters, AMA & Competition Winners, and $POLK token holders to gain early access to our prediction markets. The goal is to test the platform and gather critical feedback and performance data from real users. Although the platform will be running on Kovan Testnet (with testnet ETH without any real value), this MVP Testnet will showcase the basic functionality of Polkamarkets when it comes to life on the mainnet.

It’s time for Polkamarkets

Users will be able to make forecasts and take positions on several prediction markets curated by the Polkamarkets Team. These markets will include Crypto prices, Esports, and Sports markets. We encourage our participants to actively test the platform and all its functionalities and give us feedback on everything, down to the minutest detail. Our mission is to bring the market the best-looking and smoothest UI/UX the prediction market industry has ever seen. The feedback from our earliest and most engaged supporters is key to our success.

We’ll gradually give access to all members to ensure everything runs smoothly on the platform. We’ll be contacting whitelisted members during the following days and invite them to our closed beta. Stay tuned!

How-To Instructions

Once the product is live, join the link https://app.polkamarkets.com/ , fill in your wallet address on our form:

Polkamarkets Private Beta: Fill in your wallet address to check if you’re whitelisted
Polkamarkets Private Beta: Fill in your wallet address to check if you’re whitelisted

If you’re whitelisted you’re in and ready to place predictions 🎉

Polkamarkets will be running on the Kovan Testnet. Make sure you’re connected to the correct network in your Metamask Wallet

Make sure you’re connected to Kovan Testnet.
Make sure you’re connected to Kovan Testnet.

Tip: In order to get some Ethereum in your Kovan Ethereum wallet you can connect to Kovan’s faucet and get 2 ETH every 24h: https://faucet.kovan.network/

User Feedback

We’ll be using our Discord Server to gather user feedback. You can use the following channels under the MVP section:

  • #suggestions — Any feedback on improvements we can implement to make our product great 🔥
  • #support — Troubleshooting and any issues you found out while testing Polkamarkets.

Feel free to join in the following link: https://discord.gg/dfnvfHspe4

Dates to release

  • April (Ethereum Testnet) ✔️
  • May (Polkadot Testnet — MoonAlpha) ✔️
  • July (Kusama — Via MoonRiver)
    [Delayed given that MoonRiver was not deployed]
  • August (Polkadot — Via Moonbeam)
    [Delayed given that Moonbeam was not deployed]

About Polkamarkets

Polkamarkets is an Autonomous Prediction Market Protocol built for multi-chain information exchange and trading where users take positions on outcomes of real-world events–in decentralized and interoperable EVMs.

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