PANews December 24 news, the prediction market aggregator Rocket announced the completion of a $1.5 million Pre-seed round of financing, led by ElectricCapital, with follow-on investments from Jsquare, bodhi ventures, Tangent, Amber group and other VCs. Rocket is the first prediction market that continuously distributes profits based on the correctness of judgments. It has a non-binary betting structure, no clearing mechanism, and profit limits are completely opened up at the protocol layer. Users can reuse the same capital to deploy in multiple predictions in parallel.
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PANews December 24 news, the prediction market aggregator Rocket announced the completion of a $1.5 million Pre-seed round of financing, led by ElectricCapital, with follow-on investments from Jsquare, bodhi ventures, Tangent, Amber group and other VCs. Rocket is the first prediction market that continuously distributes profits based on the correctness of judgments. It has a non-binary betting structure, no clearing mechanism, and profit limits are completely opened up at the protocol layer. Users can reuse the same capital to deploy in multiple predictions in parallel.