Prediction Market Limitless Achieves $3M in Funding for Growth
Significant Funding for Limitless
Prediction market Limitless has secured $3M in a successful pre-seed round led by 1confirmation, a venture capital firm with extensive expertise in prediction markets. This funding will accelerate Limitless’ development and launch innovative features.
Investment Overview
- Total raised: $3M
- Lead investor: 1confirmation
- Other investors: Paper Ventures, Collider, Public Works
With a remarkable 800% increase in trading volume in just one week, Limitless is gaining traction in the cryptocurrency market.
Market Growth and Future Plans
Funding will help expand the Limitless platform, aiming to launch new products that integrate prediction markets with social functionalities. The initiative includes creating decentralized social networks that allow users to engage in their own prediction markets.
Limitless's Rising Popularity
With current daily transactions exceeding $200k, Limitless is seeing a growing number of traders accessing its platform. Users are drawn to shorter time horizons for market resolutions, making it an attractive alternative to traditional prediction markets.
About Limitless Labs
Founded in December 2023, Limitless Labs combines the areas of blockchain, AI, and prediction markets, continuously aiming for innovation.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.