Melee, a new startup of the prediction market which indicates that speculation and betting should be as open as online discussion, has collected $ 3.5 million in variants, DBA and a group of providential investors to deploy what he calls “viral markets”.
Indigenous Crypto companies witnessed the smoked success of Polymarket, the Paris platform on digital assets which has taken importance during the American electoral campaigns. Other new projects to emerge include “forecast markets”, a type of dated term contracts launched on the autonicated blockchain of Clearmatics.
Melee, which allows anyone to easily create a market on anything, sees the prediction markets evolve alongside the Internet as other types of social networks, according to dimensions such as the type of media, social graphics, graphics of interest, and more, said a VC variant in an email.
“We consider the prediction markets not as a win-win market, but as an emerging category, a bit like social networks, where there can be many winners. Social networks have reshaped the way we create and consume information and the media,” said variant.
“Unlike existing platforms based on centralized teams or professional market manufacturers, Melee uses a pricing mechanism that rewards traders to be early and correct,” added Variant.
The design also aims to attract creators. Influencers, podcasters or streamers can open markets linked to the interests of their audience and generate income from commercial activity without taking any risk of reputation. A fictitious example could be a streamer launching a market to find out if a successful video game version will reach its target date, allowing fans to speculate directly at the conversation.
For merchants, the call lies in the asymmetrical increase. The entry of an early market means a drop in exposure costs, and payments increase as more and more participants are joining and the result becomes clearer.
The project team includes Solana, Avalanche, Monad, GIS, Microsoft and Amazon veterans. According to the announcement, the long-term vision is to create “the platform of humanity to assess beliefs”, where millions of markets continuously reflect the change of cultural feeling in real time.
