Polymarket, a fun DeFi betting platform has raised $45 million in a Series B led by Peter Thiel's Founders Fund, 1confirmation and ParaFi. Vitalik Buterin creator of Ethereum, and crypto VC Dragonfly also took part.
Polymarket announced completion of its series B on Tuesday 14 May.
At that moment in the sky, Sun had just entered Taurus, immediately joining Jupiter at the beginning of that sign.
The rishis divided the sky of an infinite radius extending outward from the center point, Earth into 12 equal sections or signs. Those equal sections began in specific places within groups of fixed stars, called Nakshatra. Sun’s entrance into those places produced observable shifts in the quality of light on Earth. Sun travels in each sign for one month, Jupiter for one year. Jupiter will transit in the sign of Taurus until mid-May of 2025.
The planet Jupiter generates political and legal policy on Earth. As per the rishis, He is the Advisor to the Sun, Who is represented on Earth by powerful and famous leaders such as heads of state and CEOs. This is why Jupiter’s orbit around Sun creates tidal forces which generate solar activity such as solar flares—He is a teacher.
Taurus is the 2nd sign and generates liquidity on Earth. This is why Sun joining Jupiter in Taurus on Tuesday generated Polymarket’s Series B, led by one of the most famous venture capitalists, Peter Theil and participated by one of the crypto industry’s most famous leaders, Vitalik Buterin.
Polymarket has become a tool used by crypto natives and mainstream society alike, because it lets people see how much money people are betting on possible outcomes such as political election results. It’s interesting because if you see that someone on Polymarket has bet a large amount on a specific outcome, you can infer that their confidence or certainty may derive from their having information that other people don’t have.
This coming year is likely to be constructive and auspicious for Polymarket, because it has initiated an important step, the Series B at a moment that activated Jupiter. Jupiter not only generates politics, which is a big part of what has made Polymarket a well-known platform, He also generates positive results on Earth. From now until mid May of 2025, Polymarket is going to be an interesting company to watch.