Prediction market startup Melee has raised $3.5 million in a funding round led by Variant, DBA, and angel investors. The funds will be used to launch Melee's first viral prediction market platform, which allows users to create markets on any topic. Unlike traditional models, Melee's platform uses a decentralized pricing mechanism that rewards early and accurate traders. The platform also focuses on the creator economy, enabling influencers to create and profit from markets based on fan interests, such as predicting a game's release date.
Melee Secures $3.5 Million to Launch Viral Prediction Market Platform
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