Ex-Insider Says Polymarket POLY Token Is Far From Launch

Greg made the comment at roughly 06:24 GMT on July 5. He was answering a user who speculated that the token might arrive in Q4 2026, or possibly as late as 2028. His reply quickly spread across X, and the mood among farmers turned sour.

What Greg Actually Said

Greg’s only confirmed words were short and direct. He wrote that the wait would be long, and he offered no date of his own.

Reports from Phemex, Odaily, and Bitget add one more detail. According to those outlets, Greg also called earlier token hype a “commercial marketing tactic,” then deleted that part of the reply.

One phrase deserves a clear correction. The idea of a launch “delayed until 2028 or later” did not come from Greg. Instead, it came from the user he replied to, and from later community summaries.

Who Greg Is and Why It Matters

Greg’s bio reads: “create more than you consume | prev @polymarket @scale_AI @spacex.” So his former link to Polymarket is clear, even though his full name is not public.

He left the company in February 2026 to build his own prediction-market product. As a result, his read carries insider weight, yet it also comes with a caveat.

He walked away months ago. Therefore he may not know the current internal timeline, and his view could reflect old plans rather than fresh ones.

The Polymarket POLY Token Backstory

Polymarket has teased a token before. In October 2025, founder Shayne Coplan posted a POLY teaser alongside Bitcoin, Ethereum, BNB, and Solana.

Days later, the message got firmer. CMO Matthew Modabber said on a podcast that a token and airdrop would come, but only after the U.S. relaunch. CoinDesk reported those remarks on October 24, 2025.

Modabber framed the token as a later priority. “There will be a token, there will be an airdrop,” he said, while stressing that the U.S. launch came first. In that light, Greg’s comment simply echoes the company’s own “U.S. first, then token” order.

A Fast-Growing Platform Under Pressure

Polymarket is no small project, so the stakes are high. Shayne Coplan founded it in June 2020, and it settles bets in USDC on the Polygon network.

The platform grew fast during the 2024 U.S. election cycle. Then, in 2025, Intercontinental Exchange committed roughly $2 billion at about a $9 billion valuation.

Its U.S. return has not been simple, though. A 2022 CFTC settlement once limited U.S. users, and the current regulated relaunch, built on a QCEX acquisition, has slipped into 2026 with some delays.

Why Polymarket Airdrop Timing Matters

Airdrop farming rewards early activity, so timing shapes behavior. Traders front-load volume and liquidity because they expect retroactive rewards later.

Because of that, a long delay drains the incentive. When hype arrives before the actual token, frustration builds, and some users simply walk away.

That tension explains the sharp reaction. Many farmers had traded for months, and Greg’s line suddenly reframed that effort as a gamble on an unknown date.

No On-Chain Proof of a Polymarket POLY Token

For now, no official POLY contract exists. Searches surface only unrelated or scam tokens that borrow the POLY ticker.

Polymarket itself settles trades with USDC through Conditional Tokens Framework contracts, and it resolves outcomes with an oracle. Meanwhile, DefiLlama tracks the protocol’s volume and TVL, but it shows no native POLY token data.

The platform’s own pre-market prediction pools tell a similar story. One analysis put the “launch by December 31, 2026” bucket near 31%, with more volume weighted toward later dates.

How the Community Reacted

The mood shifted fast toward disappointment. “gg i guess no airdrop anytime soon,” one user wrote, while another posted, “It’s over.”

Many farmers felt teased. “then why tease the token so early? marketing?” one asked, capturing a “we farmed for nothing” thread that spread through the replies.

Still, not everyone took the bait. Some pointed out that Greg left months ago, so his view may be stale. Others noted that his comment matches the company’s long-standing messaging anyway.

What Comes Next for the POLY Token

So far, Polymarket has not denied or confirmed Greg’s read. Neither Coplan nor the official accounts had responded when the comment went viral, and no press page addresses a firm date.

The next real signal will likely track the U.S. rollout. Because leadership tied the token to that milestone, farmers should watch relaunch progress, not viral replies, for timing clues.

For now, the Polymarket POLY token remains a promise without a date. This article is not financial advice, and readers should treat all launch speculation with caution.