Prediction market platform Myriad has successfully completed its seed funding round, attracting investments from notable entities including MoonPay Ventures, Auros, EVG, Verda Ventures, and Wave Financial. Individual investors in this round include Tom Lee, co-founder of Fundstrat, NFT collector Blondish, and Luca Netz, CEO of Pudgy Penguins. The specific amount raised remains undisclosed.
This funding announcement coincides with the launch of Myriad Season 3, during which the platform transitioned its event contracts to the BNB Chain. Additionally, Myriad has upgraded its liquidity model from an automated market maker to a central limit order book, introducing features such as slippage control, limit orders, and dynamic fees.
Myriad Secures Seed Funding with Tom Lee Among Key Investors
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