Funding
Funding not disclosed
Founders
Product
Problem
Informal bets among friends often remain unstructured, leading to disputes over terms, deadlines, and payouts, and they typically rely on messy group chats or manual tracking.
Solution
Polymarket for Friends offers a web-based platform that lets users create short‑term predictions about everyday social events in plain English. An integrated AI automatically adds a deadline, resolution criteria, and stake options, turning casual bets into clear contracts within seconds. Participants can accept, deny, or raise the stakes, and all responses are locked in to prevent backing out. After the event, the prediction creator records the outcome, which the counterpart can confirm or contest through a built‑in dispute mechanism called the Court of Friends. Once resolved, the platform automates payouts and records the result, providing a frictionless end‑to‑end experience for social wagering.
Target Audience
The service targets casual social groups, friends, and small communities who enjoy informal betting on everyday events and want a streamlined way to manage and settle those wagers.
Features
- AI‑driven prediction formatting that converts natural‑language statements into structured bets with deadlines and stakes
- One‑click sharing to group chats and instant side‑taking (agree, disagree, raise stakes)
- Locked‑in commitments that prevent participants from changing their position after betting
- Built‑in dispute resolution workflow (Court of Friends) for contested outcomes
- Automated settlement and payout processing without manual calculations
- Simple dashboard to track active predictions, outcomes, and earnings across multiple friend groups