Parcl partners with Polymarket to launch a housing price prediction market, using on-chain indices as the settlement benchmark to promote the financialization of real estate and trigger a short-term surge in PRCL prices. Parcl provides the settlement benchmark, and Polymarket for the first time incorporates housing prices into its prediction markets ----------------------------------- The crypto prediction market platform Polymarket announced yesterday (1/5) that it has partnered with on-chain real estate data provider Parcl to officially launch a housing price-focused prediction market product, allowing traders to directly bet on the rise or fall of specific city housing price indices. According to both parties, this collaboration involves Parcl providing a daily updated independent housing price index, which will serve as the settlement basis for the Polymarket market, Poly

Polymarket announced a partnership with real estate platform Parcl on January 5th, introducing real estate into prediction markets for the first time. Parcl token PRCL surged by 100%, reaching a high of $0.045. The settlement is based on Parcl's daily housing price index, with the initial markets focusing on high-liquidity cities such as New York, Miami, San Francisco, and Austin.