Polymarket has launched new 15-minute prediction contracts for the price of gold and silver, expanding its offerings beyond cryptocurrencies. These short-duration contracts, similar to those already popular for Bitcoin, allow users to bet on whether an asset's price will increase or decrease within a 15-minute window. The platform plans to introduce similar contracts for stocks and foreign exchange in the near future, utilizing Chainlink as its data oracle to determine contract outcomes. AI
IMPACT This launch expands the scope of prediction markets to traditional assets, potentially increasing speculative trading volume and introducing new data-driven financial instruments.
RANK_REASON The article describes the launch of a new type of financial product by a company, which falls under the 'tool' category.
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