Polymarket founder Shaye Coplan has described the prediction platform as strictly non-partisan. Coplan’s post on X is in response to a recent piece by the New York Times about the Polygon-based platform.

The NYT article spotlighted Polymarket, highlighting its 64% odds of Trump winning the election and how the platform has enjoyed the support of Elon Musk. However, Coplan noted that Polymarket is not a political website even though the US elections have increased its popularity. The goal remains to “harness the power of free markets to demystify the real world events that matter most to you,” he said.

According to Coplan, Polymarket is more of a “reality check”  in a world where algorithms only reinforce established opinions to keep users engaged. Thus, it only provides unbiased data that reflects the true market position.

He said:

“We’re just market nerds who think prediction markets provide the public with a much-needed alternative data source.”