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Polymarket implies that the gamblers who participated in the Taiwan presidential election will be 'launch coinAirdrop' miserable?
Decentralization prediction platform Polymarket recently revealed to the outside world that Polymarket may be offering issuanceToken and Airdrop to users in the future. (Synopsis: Polymarket God Prediction!) Trump's chances of being elected have led the way, and the presidential election bet has exceeded $3.6 billion) (Background supplement: Polymarket mystery Whale won $50 million, how did he correctly predict the election outcome? Benefiting from the global heat of the US election, the Decentralization prediction platform Polymarket has made a name for itself for predicting a winning rate that far exceeds the results of market polls, and at one point attracted more than $3 billion in capital inflows on the bet on who Trump and He Jinli will ultimately choose. Successfully opened the global popularity of Polymarket, according to "The Block" recently reported, as a Web3 project, Polymarket has revealed to the outside world on the user bonus settlement interface, it is expected to be issuance its own cryptocurrency in the future, and Airdrop to users: We expect to Airdrop in the future, and reinvest the prize money to users of other prediction projects. It may also be eligible for more rewards and Airdrop. If you stay at Polymarket, you'll be happy. Polymarket TVL drops to $173 million As for the reason for Polymarket's decision to Airdrop, on the one hand, it may also be related to the end of the US election, the platform's total locked value (TVL) has plummeted, and the writing is currently about $173 million, down about 60% from the peak of $429 million on November 4. Therefore, many community members have analyzed that Polymarket's preview of launch coin and Airdrop actually hopes to lock users through Token to avoid users and funds flowing out of the platform after the heat dissipates. Taiwan's Polymarket gamblers may be recognized as criminal income by Airdrop? It is worth mentioning that in early January this year, Taiwan also held a presidential election, when the Taiwanese police judged Polymarket to be an illegal gambling market, so they arrested a group of gamblers. Deferred prosecution for 1 year on the condition of paying 30,000 yuan to the public treasury According to a report in June this year, between December 12 and 17 last year, a citizen surnamed Chen bet 472.17 USDC (about NT$15,000) on "Polymarket" to bet that Ko Wenzhe would be elected president, and another 60.19 USDC (NT$1,920) bet that the DPP would win more legislative seats. The Shilin District Prosecutor's Office concluded its investigation, alleging that people surnamed Chen violated the "crime of gambling property on the Internet with the results of the presidential and vice presidential election" in the Law on the Election and Recall of Presidents and Vice Presidents, and "the crime of gambling property on the Internet with the results of the election of central public officials on the Internet" in the Law on the Election and Recall of Public Officials. However, considering that Chen frankly admitted to the crime and had no previous convictions, it was decided to give the prosecution a reprieve, on the condition that he pay 30,000 yuan to the public treasury. In the future, if Polymarket really launches coinAirdrop, it may become a requirement for prosecutors to further determine the crime of gambling, and the Airdrop obtained by these gamblers may also be recognized as illegal income and confiscated by the government. Constituent elements of the crime of gambling According to the instructions of laws010, the elements for the establishment of the crime of gambling can be divided into the following 3 items: 1. There must be gambling behavior The so-called definition of "gambling" refers to the use of accidental facts to determine the outcome of winning or losing, and it is not predictable in advance. In other words, the behavior should be lucky (refers to uncertainty, chance, e.g., taking advantage of chance, luck to earn money or benefits, etc.). As for the method of gambling, there is no restriction on whether or not to use the equipment banned by the administrative authority. 2. Gambling in a public place Gambling is an offence if it is performed in a "public place" or "place where the public can enter and exit". This is set up to prevent people from imitating each other after seeing this, saving a fluke mentality and wanting to get something for nothing, resulting in a bad social atmosphere. In the past, the Internet was regarded as closed, private, virtual, and not public, and most online gambling cases were found not guilty, or only punished by the law of maintaining social order. However, since the law on the crime of gambling was amended on December 28, 110, as long as gamblers gamble through mobile phones, telephones, and websites, even if they gamble against websites, it will constitute a gambling crime. 3. There must be gambling property The perpetrator must "take money", that is, use money or other valuable items as the price to be paid for winning or losing gambling. If it is only an item for temporary entertainment or entertainment, because of its low economic value, it is not within the scope of punishment. As for what is an article for temporary entertainment, the criterion for judgment should be determined by the general social concept and in line with the people's feelings. Read more: More than 30 gamblers arrested in 2 months! Taiwan's presidential election "illegal on-chain bet" Polymarket bet soared more than 46 million Related reports The US presidential election is glued" PolymarketWhale $5 million bet on He Jinli, Trump leads by less than 10% Trump is "13% ahead of He Jinli" in Polymarket, opening the Federal Reserve: Cutting interest rates too quickly is a political operation US election" CFTC targets the election prediction platform Polymarket, will learn from Taiwan to catch gamblers, Block a domain? "Polymarket hints that "launch coinAirdrop" gamblers who participated in Taiwan's presidential election are miserable? This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".