Cryptocurrency-based prediction market platform Polymarket is launching a free grocery store in New York City.
As announced by Polymarket via Substack, the company has signed a lease to open what they’re calling New York’s “first free grocery store.” Titled after the company, the grocery store coincides with a $1 million donation to Food Bank For NYC, which helps feed struggling families across all five boroughs of the city.
“The Polymarket is fully stocked. No purchase required,” the announcement reads. “We're open to all New Yorkers. A real, physical investment in our community. The Polymarket's grand opening is on February 12th @ noon ET. Free groceries. Free markets. Built for the people who power New York. We'll see you at The Polymarket's grand opening next week. We love you, New York City.”
Polymarket has yet to announce the address of the store. A spokesperson for Food Bank for New York City told Business Insider that the company did, in fact, donate $1 million to their cause. The move comes not long after Polymarket partnered with the Golden Globes and Dow Jones.