Prediction Market Platform Myriad Completes Seed Round with Tom Lee Among Investors

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The prediction market platform Myriad has closed its seed round with participation from MoonPay Ventures, Auros, EVG, and others. Market news highlights individual investors including Tom Lee of Fundstrat and Pudgy Penguins CEO Luca Netz. The funding follows the launch of Myriad Season 3, which features a migration to BNB Chain and a new liquidity model with limit orders and dynamic fees. Bitcoin market news also notes the platform’s focus on enhancing trading tools such as slippage control.

BlockBeats news, on March 20, according to Decrypt, the prediction market platform Myriad announced the completion of its seed funding round, with the specific amount undisclosed. Investors in this round include MoonPay Ventures, Auros, EVG, Verda Ventures, Side Door Ventures, Wave Financial, Walrus, and OFR, among others. Individual investors include Tom Lee, co-founder of Fundstrat, NFT collector Blondish, and Luca Netz, CEO of Pudgy Penguins.


This funding announcement follows the launch of Myriad Season 3, during which the platform migrated event contracts to BNB Chain. Simultaneously, the platform’s liquidity model has been upgraded from an automated market maker to a central limit order book, introducing new features such as slippage control, limit orders, and dynamic fees.

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