The Polymarket, New York's first free grocery store, officially opened today.

Odaily Planet Daily reports that prediction market platform Polymarket announced the official opening of "The Polymarket," New York City's first free grocery store, located at 137 South 7th Avenue. Built by New Yorkers, it serves the city's residents. This comes amidst intensified competition between prediction market platforms Kalshi and Polymarket for new user acquisition. Kalshi launched an event on February 3rd at WestSide Market in Lower Manhattan, offering customers $50 worth of free groceries. Long lines formed, with many participants stating that this was equivalent to several hours' wages, making it very attractive. Kalshi co-founder Tarek Mansour stated that this initiative was to give back to the community and expand its user base. Polymarket, meanwhile, opened "The Polymarket," New York City's first free grocery store, today. All items are free, no purchase required, and open to all New Yorkers. An additional $1 million has been donated to local food banks.