TBD Launches Sentiment Prediction Market with $3M Seed
What happened
TBD, a prediction market protocol designed to measure verified human sentiment, announced its public launch and a $3 million seed funding round. The platform, which has already processed 19 million votes from over 225,000 beta participants, allows users to trade on the outcomes of future events, creating a new market based on collective opinion.
Why it matters
- The $3 million seed round was co-led by CMT Digital and ParaFi, with participation from Jump Crypto. - TBD was co-founded by CEO Corey Miller and Taehoon Lee, who previously worked together at the decentralized exchange dYdX. - An earlier $800,000 angel round included notable investors such as Solana co-founder Raj Gokal, Polygon Labs CEO Mark Boiron, and dYdX founder Antonio Juliano. - The protocol runs on the Solana blockchain and uses World ID to ensure that every poll participant is a verified human, aiming to create a bot-resistant measure of public sentiment. - Unlike competitors such as Polymarket or Kalshi that focus on the outcomes of external events, TBD's prediction markets are based exclusively on the results of its own polls. - The company's name, TBD, stands for "To Be Decided," reflecting its mission to uncover authentic human perspectives that are not shaped by algorithms. - The core problem TBD aims to solve is the increasing difficulty of accurately measuring human opinion online due to the proliferation of AI-generated content and bots.
Key numbers
- TBD, a prediction market protocol designed to measure verified human sentiment, announced its public launch and a $3 million seed funding round.
- The platform, which has already processed 19 million votes from over 225,000 beta participants, allows users to trade on the outcomes of future events, creating a new market based on collective opinion.
- - The $3 million seed round was co-led by CMT Digital and ParaFi, with participation from Jump Crypto.
- An earlier $800,000 angel round included notable investors such as Solana co-founder Raj Gokal, Polygon Labs CEO Mark Boiron, and dYdX founder Antonio Juliano.
What happens next
- The core problem TBD aims to solve is the increasing difficulty of accurately measuring human opinion online due to the proliferation of AI-generated content and bots.
- TBD, a prediction market protocol designed to measure verified human sentiment, announced its public launch and a $3 million seed funding round.
Quick answers
What happened in TBD Launches Sentiment Prediction Market with $3M Seed?
TBD, a prediction market protocol designed to measure verified human sentiment, announced its public launch and a $3 million seed funding round. The platform, which has already processed 19 million votes from over 225,000 beta participants, allows users to trade on the outcomes of future events, creating a new market based on collective opinion.
Why does TBD Launches Sentiment Prediction Market with $3M Seed matter?
The $3 million seed round was co-led by CMT Digital and ParaFi, with participation from Jump Crypto. TBD was co-founded by CEO Corey Miller and Taehoon Lee, who previously worked together at the decentralized exchange dYdX. An earlier $800,000 angel round included notable investors such as Solana co-founder Raj Gokal, Polygon Labs CEO Mark Boiron, and dYdX founder Antonio Juliano. The protocol runs on the Solana blockchain and uses World ID to ensure that every poll participant is a verified human, aiming to create a bot-resistant measure of public sentiment. Unlike competitors such as Polymarket or Kalshi that focus on the outcomes of external events, TBD's prediction markets are based exclusively on the results of its own polls. The company's name, TBD, stands for "To Be Decided," reflecting its mission to uncover authentic human perspectives that are not shaped by algorithms. The core problem TBD aims to solve is the increasing difficulty of accurately measuring human opinion online due to the proliferation of AI-generated content and bots.
