new generation of sports prediction markets isn't a marketing reframe, it's a completely different infrastructure underneath
peer-to-peer order books, on-chain execution, micro markets and a bunch more
@Novig: $4b annualized
@predofficial: sub-200ms on base
@Underdog: pivoted out of fantasy and current unicorn status
the audience that cares about pricing has somewhere else to go now
Sports was never meant to be traded on infrastructure built for general markets.
Latency, delayed resolutions, and static markets break the experience the moment sports become truly real-time.
PRED has now launched publicly after crossing $5M in beta trading volume, bringing sports-native infrastructure to the World Cup with fast resolution and markets designed for the pace of the game.
https://t.co/lRfWJRLcuz covered how PRED is building a new category at the intersection of sports and trading ๐
https://t.co/WbSxX0fOsY
Today, we took PRED public.
Weโre officially out of beta & right in the middle of the FIFA World Cup.
As a founder, this feels like walking onto the field for the first real match. No more closed testing - just the product versus the world.
This is the beginning.
Goal from here is simple: Build the best product for sports trading ๐ช
After $5Mn+ in private beta volume...
PRED, the sports-native prediction market backed by @Accel and @cbventures is now "Open for All".
$200K in prizes for FIFA World Cup. Get in now & start trading.
More details soon ๐
@bookmakerxyz Nice article. Sports needs a dedicated and native prediction market which can resolve markets in mins. Every sports is different & 50-60% of trading happens half hour before + in live match unlike politics/any other event. Building @predofficial - designed for sports traders.
@thenarrator@predofficial We want PRED to be the go-to venue for the wc. Entire team is locked in on delivering the fastest and best product experience possible โก๏ธ
@0xvaibhavn Indeed! More ways for entertainment during live match. One feedback we have received constantly is addition of unique and interesting markets on PRED.