SOON Launches AI Prediction Market "10sSOON"... Surpasses 110,000 Transactions in 3 Hours

This article is machine translated
Show original

"Prediction is an asset"… Suggesting the potential for a next-generation launchpad.

SOON Launches AI Prediction Market "10sSOON"; 110,000 Transactions in 3 Hours
SOON, an on-chain trading infrastructure project based on Solana, has officially launched its AI-based prediction market platform, '10sSOON', demonstrating the technological superiority of Solana's Virtual Machine (SVM) architecture.

On the 7th, Sun unveiled "10sSOON," the first x402 social experiment. This platform rewards users for predicting Bitcoin price movements in 10 seconds.

This experiment, conducted on the Base chain, saw explosive participation, recording over 116,000 transactions within just three hours of launch. Participants who correctly guessed could mint 10s tokens, and a total of 50,000 10s tokens and 10,000 SOON tokens were rewarded.

On the 9th, two days after the experiment, a surge in traffic caused transaction settlement delays on the base chain. This clearly exposed the structural limitations of the Ethereum Virtual Machine (EVM)'s sequential transaction processing method.

On the other hand, SVM is an architecture optimized for parallel processing, enabling it to efficiently handle large volumes of concurrent transactions. The industry believes that this experiment has proven SVM to be a more suitable technological alternative for implementing high-performance prediction markets and AI-based services.

The market reaction was immediate. Immediately following the experiment, the SOON token price surged more than 203% on a weekly basis, reaching $2.20 (approximately 3,080 won). The 24-hour trading volume exceeded $100 million (145.2 billion won), demonstrating unprecedented trading activity.

"This experiment goes beyond a simple DeFi experiment and technically demonstrates the potential for AI agents to participate in real economic activity through programmable payments," the Sun team said.

Sun emphasized that this prediction market structure lays the foundation for an agent-based asset creation mechanism.

“The combination of AI-based asset creation and high-performance payment infrastructure represents the next evolution of Web3,” said a Sun team representative. “We are experimenting with the possibilities of a next-generation launchpad through a structure where predictions become assets.”

Joohoon Choi joohoon@blockstreet.co.kr

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments