In a bold move, a new prediction market called Limitless Network has raised $3 million in a pre-seed round led by 1confirmation. Unlike its industry leader Polymarket, Limitless Network is steering clear of election-related predictions. Instead, it is targeting a unique niche by offering contracts that expire quickly and enabling users to create their own markets.
The platform’s focus on quick expiry contracts and user-generated markets sets it apart in the prediction market space. With this innovative approach, Limitless Network is aiming to attract a diverse range of users and create a vibrant prediction market ecosystem.
This successful pre-seed round led by 1confirmation demonstrates the confidence investors have in Limitless Network’s vision and potential for growth in the prediction market industry. As the platform continues to develop and expand its offerings, it will be interesting to see how it competes with established players and carves out its own place in the market.
What are your thoughts on Limitless Network’s unique approach to prediction markets? Do you think quick expiry contracts and user-created markets will attract more users to the platform? Let us know in the comments below!
