Melee, a new startup of the prediction market that says that speculation and bets must be as open as online discussion, has raised $ 3.5 million of Variant, DBA and a group of angels angels to implement what it calls “viral markets.”
Native cryptography companies have witnessed the fugitive success of Polymket, the digital asset betting platform that stood out during the United States electoral campaigns. Other innovative projects that emerge include ‘forecast markets’, a type of futures contracts with date launched in the Autonity Blocks chain of Clearmatics.
Melee, which allows anyone to easily create a market in anything, sees the prediction markets that evolve along with the Internet, such as other types of social networks, following dimensions such as the type of media, social graphics, graphics of interest and more, said VC Variant signing in an email.
“We see prediction markets not as a winning market of everything, but as a category of flourishing, as well as social networks, where there may be many winners. Social networks reformed the way we create and consume information and media,” Variant said.
“Unlike existing platforms that depend on centralized equipment or professional market manufacturers, Melee uses a price mechanism that rewards merchants for being early and correct,” Variant added.
The design also aims to attract creators. Influencers, podcasters or streamers can open markets linked to the interests of their audience and obtain income from commercial activity without assuming the risk of reputation. A fictional example could be a streamer that launches a market on whether a great success video game will reach its destination, allowing fans to speculate directly along with the conversation.
For merchants, the appeal lies in asymmetric rise. Entering an early market means lower exposure costs, and payments increase as more participants join and the result becomes clearer.
The project team includes Veterans from Solana, Avalanche, Monad, Sig, Microsoft and Amazon. The long -term vision, according to the announcement, is to create “humanity platform to value beliefs”, where millions of markets continually reflect the changing cultural feeling in real time.
