Live prediction market platform Pumpcade completes $1 million seed pre-Series A funding, led by Pump.fun

robot
Abstract generation in progress

Deep Tide TechFlow message. On April 2, according to The Block, the live prediction market platform Pumpcade has completed a $1.0 million seed round pre-financing, led by Pump.fun, with participation from Foundation Capital and angel investor RadioSolace. This round of funding will be used to expand the engineering team and advance its go-live strategy, in preparation for exiting the private testing stage.

Pumpcade allows users to create prediction markets with a single click in livestream chat, covering a wide range of topics such as cryptocurrency prices, stocks, sports events, and real-time traffic conditions. It compresses the full lifecycle of prediction markets into a time frame of 60 seconds to 30 minutes. In terms of settlement mechanics, the platform settles through direct connections to official APIs or deterministic data sources to reduce counterparty risk and eliminate the window for disputes.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin