Polymarket pushes to open a free grocery store in New York City…donates $1 million to a food bank

Source
JH Kim

Summary

  • Polymarket said it plans to open a free grocery store in New York City, describing it as part of its community giveback efforts.
  • Polymarket said it will source groceries through Food Bank For New York City and aims to help ease food insecurity in the city.
  • Polymarket said it made a $1 million donation to Food Bank For New York City, and that the funds will be used to support the provision of free groceries and store operations.

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Photo=PJ McDonnell/Shutterstock
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Polymarket, a decentralized prediction-market platform, said it plans to open a free grocery store in New York City. The store is set to open sometime in February.

According to crypto-focused media outlet WatcherGuru on the 3rd (local time), Polymarket is scheduled to open the free grocery store in New York City on Feb. 12 (local time) and has already signed a lease. Groceries provided at the store will be supplied through Food Bank For New York City.

Polymarket said the project is part of its community giveback efforts. The company added that it aims to help ease food insecurity in New York City.

To that end, Polymarket donated $1 million to Food Bank For New York City. The donation will be used to support the provision of free groceries and store operations.

Polymarket said, "We are moving forward with this project as part of our mission to give back to the city," adding, "We hope it will provide tangible help in alleviating food shortages in the community."

JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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