Polymarket Debuts as #3 News App, Surpasses Major Outlets in iOS Rankings

Sep 28, 2024, 02:31 PM

Polymarket, a Web3 application, has achieved a significant milestone by debuting as the #3 news app and surpassing major news outlets such as CNN, The Wall Street Journal, and The New York Times in the iOS App Store rankings for the 'Magazines & Newspapers' category in the U.S. This marks the first time a Web3 app has ranked in the top 10 for any app category outside of finance. The app's rise is seen as a shift in how people track news, with some attributing its success to the perceived truthfulness of markets over corporate media. The app's functionality is powered by blockchain technology, specifically by UMA protocol.