New Funding Boosts Pred’s Sports Prediction Ecosystem
Sports prediction trading platform Pred has announced the successful completion of a $2.5 million funding round. The investment was led by top-tier venture firm Accel, with participation from Coinbase Ventures and Reverie.
Funds Allocated for Development on Base Blockchain
The newly raised capital will be directed toward developing Pred’s platform on Base, the Layer 2 network developed by Coinbase. The platform aims to create a decentralized marketplace where users can make predictions and trade based on real-world sports outcomes.
Private Testing with Invitation-Only Access
Pred is currently in a closed beta phase, accessible only through an invitation system. This approach allows the team to refine the user experience and system stability ahead of a public launch.
- Funded by Accel
- Supported by Coinbase Ventures
- Built on the Base blockchain