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What is a Polymarket clone script and how does it work?
A Polymarket clone script is a ready-made software solution designed to build a prediction market platform similar to Polymarket. It allows users to create, trade, and settle markets based on real-world outcomes such as elections, sports events, crypto trends, or global news. Instead of starting development from scratch, businesses use a clone script to launch faster with proven market logic and core features already in place.
At its core, the platform works by letting users buy and sell shares on the outcome of an event. Each outcome represents a possible result, and prices move based on market demand. As more users believe an outcome is likely, its price increases, reflecting collective market sentiment.
The system typically runs on blockchain technology, where smart contracts manage market creation, trade execution, and payouts automatically. Once an event ends, trusted data sources or decentralized oracles confirm the result. The smart contract then settles the market and distributes winnings to users who predicted correctly.
