When the predictions-betting site Polymarket raised $70 million in fresh funding in May, CEO Shayne Coplan tweeted that it was "most gratifying" seeing "widespread adoption" of the platform as an "alternative news source." Blockchain bettors have used the platform to wager on various aspects of the U.S. presidential election.
Blockchain technology is expanding beyond financial applications. Examples include embedding encrypted messages within music files, grant programs for Bitcoin developers, and ticketing deals in the music industry.
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