ChainCatcher reports that the live streaming prediction market CRSHMARKET has announced the completion of a $3.5 million seed round led by 6th Man Ventures, with participation from Reciprocal Ventures, Lattice Fund, and Starting Line. The project stated that the funds will be used to build a live streaming prediction market enabling users to bet on the outcomes of live content, with settlements completed in 60 seconds. CRSHMARKET’s official description notes that its platform is powered by Monad, is headquartered in New York, and was co-founded by Evan Rama, Param Patel, and Lucas Pichette. The project previously disclosed that, after approximately four months of operation, it had achieved over $10 million in trading volume, more than 50,000 users, over 550,000 processed trades, and had previously raised over $1 million.
Live Prediction Market CRSHMARKET Closes $3.5M Seed Round
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Summary
The live prediction market CRSHMARKET has closed a $3.5 million seed round led by 6th Man Ventures, with support from Reciprocal Ventures, Lattice Fund, and Starting Line. The platform enables price predictions on live content with 60-second settlement. Headquartered in New York and backed by Monad, CRSHMARKET reported over $10 million in trading volume and 50,000 users within four months. Bitcoin price prediction is among the key use cases for the platform’s high-speed market model.
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