The intersection of on-chain economics and prediction markets is sports betting.
While I don't personally participate in a lot of sports prediction, I did attend the previous LoL championship and had a great time! 🥸 The trading volume that day exceeded $5.4 million! 💥
Speaking of recent ICOs, @softlipa1018 has compiled a very detailed summary. I didn't expect so many ICOs after the December market rebound...
@footballdotfun had excellent exposure in the English-speaking community when it launched.
Although the overall market is still 💩,
the performance of new coins has been really good lately, $WET $RAVE etc.
Besides Gensyn's 5-day auction that started yesterday $AI,
tonight is @footballdotfun's ICO.
In the familiar... It's going on sale on @legiondotcc, and this time they're also collaborating with Kraken. @footballdotfun has also had some good news recently:
💡On December 10th, they announced an investment from @cbventures Base Ecosystem Fund.
💡On December 11th, the Sports Capital Markets points system went live, allowing users to generate their own on-chain sports identity cards.
💡Protocol revenue exceeds 10M, total transaction volume exceeds 90M, and there are currently over 20K paying players.
Next is the public sale information:
⏰ It starts tonight at 9 PM (UTC+8) on the 16th.
The FDV for this public sale is 60M, which I think is a mid-range value—not low, but acceptable.
Unlocking ratio: 50% TGE, linear release over 6 months.
The public sale cap is very low: only 3M.
It's clear there are a lot of coinbase-related IPOs lately, plus the Base coinbase IPOs on the 17th and 18th... The highlight of the ecosystem
The Base ecosystem is preparing to launch an internal prediction market powered by Kalshi.
I think the timing of this launch is good, and I will participate.
twitter.com/Alvin0617/status/2...
