Limitless Network, a new player in the prediction market industry, has raised $3 million in a pre-seed round led by 1confirmation. The company is building its prediction market on top of Coinbase's Base blockchain network. Unlike other prediction markets, Limitless focuses on quick-expiring markets related to the price of stocks or cryptocurrencies at the end of a trading day. The platform has seen high user retention, with an average trader spending four hours per week on the platform. While Limitless is still small compared to its competitors, such as Polymarket, it plans to expand by introducing external market-makers and allowing users to suggest markets.



Other News from Today