Prediction Market Bayse Integrates with Solana
Bayse Markets, formerly known as Gowagr, has unveiled its integration with the Solana network. The move aims to transform the platform into a cross-asset trading ecosystem, leveraging Solana's high speed and low transaction fees to scale its on-chain information markets.
- Bayse originated as a peer-to-peer wager app called Gowagr, which initially tested its product during the 2023 elections in Nigeria before launching an app in April 2023. - As Gowagr, the platform processed over 60 million Naira in wagers and surpassed $1 million in total volume, finding early traction within the gaming and esports community before rebranding. - The project was co-founded by Daniel Ley and an individual named Michael, who evolved the initial peer-to-peer betting concept into a full prediction market exchange, which launched in January 2025. - The Solana integration is a key part of a larger strategy to build a diversified, cross-asset financial ecosystem, with future possibilities including the addition of Solana-native assets and expanded liquidity pools. - Bayse is considered an emerging player attempting to capture the African market, a region with high crypto adoption and a strong betting culture, but where decentralized prediction markets have seen slow adoption. - The move comes as the global decentralized prediction market (DPM) sector saw trading volume hit $12 billion by late January 2026, indicating significant and growing interest in the space.
