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Crypto Company Opens Free Grocery, New York Mayor Sees Right Through It

KEY POINTS

  • Polymarket announced on February 5, 2026, it is opening New York City's first free grocery store as a nod to Mayor Mamdani's policy.
  • The $1 million donation to Food Bank for NYC was touted as a move to achieve lasting food security, blending charity with marketing.
  • Mayor Zohran Mamdani swiftly responded to Polymarket’s announcement, clarifying his preference for authentic city-run grocery stores.

On February 5, 2026, Polymarket, a cryptocurrency prediction market famous for betting on things like politics and pandemics, announced it would open 'New York City's first free grocery store.' This move, bizarrely timed just after Mayor Zohran Mamdani cemented city-operated grocery stores as a campaign promise, looks like a PR flex straight from the blockchain. Polymarket hyped its $1 million donation to Food Bank for NYC as a crusade to ‘empower every New Yorker to achieve food security for good,’ a phrase that screams 'rich tech bros solving poverty' louder than an ICO pitch at a cocktail party. Mamdani wasn’t exactly thrilled and promptly hopped online to call foul, making this feel like a civic showdown between cryptocurrency flash and real public policy.

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Source: Theguardian | Published: 2/5/2026 | Author: Sara Braun