Limitless.exchange, the biggest prediction market on the Base network, just secured $4 million in a new funding round. This brings their total funding to $7 million.
Big Names and Big Plans
The round included investment from Arthur Hayes’ family office, Maelstrom, with Hayes joining as an advisor. Other investors include Coinbase Ventures, 1confirmation, and several others. This follows a previous $3 million pre-seed round.
Explosive Growth and a New Mobile App
Limitless has already seen huge success, with over $250 million in trading volume shortly after launch, thanks to its easy-to-use short-term prediction markets. They’ve just released a new mobile app to make trading even more accessible.
Points Program and Upcoming Token Launch (TGE)
To get ready for their upcoming token launch (TGE), Limitless launched a points program. Users earn points by trading, adding liquidity, and referring friends. This looks like it will be a major airdrop opportunity for early users.
What Limitless Does
Limitless lets users bet on short-term price movements of assets like Bitcoin. Think of it as a super-easy way to trade, with options expiring in minutes, hours, or days.
CEO’s Statement
Limitless CEO CJ Hetherington says, “The future of trading is easy, fast, and powered by an army of token holders. We’re excited to bring this vision to reality.”