Hold Your Horses! $100M in Bets?! 😲

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Now, I’ve seen a heap of fancies in my time, but this one takes the biscuit! This here “Myriad” – some sort of Web3 contraption for predictin’ the future, bless their hearts – has gone and wrangled up over $100 million worth of USDC trading.

From Backwoods to Boomtown

This Myriad, see, they’re claimin’ to be makin’ waves in this newfangled world of “prediction markets”. They say they’ve done surpassed $100 million in USDC tradin’ since they sprung into existence. Why, in just the last three months they claim to have grown tenfold! Tenfold, I tell ya! Makes a feller wonder what folks are bettin’ on – whether the price of hogs will rise, or if old man Hemlock’s mule will finally win a race.😜

According to a release, they’ve had over 6.3 million trades, 7.3 million transactions, and nearly half a million users. Half a million! Seems like everyone and their brother is tryin’ to outsmart the future. 🧐 The founders, naturally, reckon this proves that folks are takin’ these prediction markets seriously. Fancy that!

“Prediction markets ain’t no fool’s errand no more,” says Loxley Fernandes, one of the head honchos. “They’re becomin’ a downright respectable way to trade ideas,” he declares. “Tenfold growth in three months, you say? Well, I reckon people are eager to put their money where their mouth is.” Seems a bit of a mouthful, don’t it?

And let me tell ya, this $100 million is quite a jump from their earlier achievement of $10 million. Why, that’s like goin’ from a creek to the mighty Mississippi! There were a trifling 5.4 million predictions and a mere 511,000 users back then. Seems the excitement is buildin’, doesn’t it?

Farokh Sarmad, another fella involved, says Myriad is turnin’ these markets into a place for findin’ the truth 🧐. He reckons that every bit of attention drives more attention, which drives more money. A right proper snowball effect, if you ask me.

They’re lookin’ to be both simple for folks to use and useful for other schemes workin’ with BNB Chain, Abstract, and Linea.

And they’ve partnered up with Walrus to keep everything on the blockchain. An “immutable, verifiable record”, they call it. Sounds mighty fancy, but I reckon it just means nobody can cheat. Good! It’s about time.👍

“We’re buildin’ Myriad to be the place for everyday folks and for clever folks,” says Ilan Hazan. “We’re tryin’ to make it a cornerstone of the future of money.” Well, that’s a bold claim, ain’t it?

FAQ 💡

  • What’s all the fuss about? Myriad done gone and traded over $100 million worth of digital money.
  • How quick are they growin’? Faster than a greased pig at a county fair, I reckon. Tenfold in three months!
  • Where can I find this Myriad? On the BNB Chain, Abstract, and Linea, so I hear.
  • Why should a body care? They’re tryin’ to change how the world trades ideas and money. Whether they succeed remains to be seen. 🤷

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2025-11-25 03:35