The most important prediction market on Base, limitless.trade, at the moment broadcasts the closure of $4M in contemporary funding in a strategic spherical and welcomes Arthur Hayes as an advisor alongside an funding from his household workplace, Maelstrom.
The funding follows a previous $3M pre-seed spherical led by 1confirmation, and comes after the group discovered breakout demand for brief time period costs markets on property like BTC, that are related in nature to 0DTE choices however a a lot simpler technique to commerce and have even shorter dated expiries similar to hourly, racking up over $250M in quantity quickly after launch.
This brings Limitless’ complete funding raised to $7M, backed by Coinbase Ventures, 1confirmation, Maelstrom, Collider, Node Capital, Paper Ventures, Public Works, Punk DAO, and WAGMI Ventures, in addition to particular person buyers through the Base Ecosystem Fund group on Echo.
In preparation for an upcoming TGE, the group at the moment launched a factors program focused at prediction market fans who can get pores and skin within the sport through the use of the product, offering liquidity, and referring their pals to hitch the platform.
Limitless appears prone to turn into the primary main prediction market platform to launch a token and distribute an airdrop to its early clients, marking a notable alternative for retail merchants.
The group additionally simply launched a brand new mobile-first buying and selling expertise that permits folks all over the world to seamlessly wager on their favourite property’ efficiency within the subsequent hour or day.
“The way forward for buying and selling is simple, quick, and powered by a military of token holders. We’re excited to deliver this imaginative and prescient to actuality,” mentioned CJ Hetherington, CEO at Limitless Labs.
About Limitless
Limitless is the biggest prediction market on Base with over $250M guess on distinctive contracts that permit customers to wager on the efficiency of their favourite property within the subsequent minutes, hour or day – a internet new, straightforward technique to commerce for informal customers.
Contact
CEO
CJ Hetherington
Limitless Labs
cj@limitless.community
